Security analysts as frame-makers

In this paper we explore the mechanisms that allow securities analysts to value companies in contexts of Knightian uncertainty, that is, in the face of information that is unclear, subject to unforeseeable contingencies or to multiple interpretations. We address this question with a grounded-theory analysis of the reports written on Amazon.com by securities analyst Henry Blodget and rival analysts during the years 1998-2000. Our core finding is that analysts' reports are structured by internally consistent associations that includecategorizations, key metrics and analogies. We refer to these representations as calculative frames, and propose that analysts function as frame-makers - that is, asspecialized intermediaries that help investors value uncertain stocks. We conclude by considering the implications of frame-making for the rise of new industry categories, analysts' accuracy, and the regulatory debate on analysts'independence.

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2009

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2009

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2010

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2010

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2011

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2011

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2012

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2012

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2013

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2013

Gift of Peace of Mind-The For yourself For your Family, May 2001

The purpose of this booklet is to educate the public about advance directives. By doing so, we hope to increase the use of advance directives, as well as the quality and accuracy of the documents themselves. The reader is led through a series of steps that ultimately lead to filling out the advance directive documents in an informed manner.

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2014

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2014

“All we want in Laos is peace, not war": Intervención de Estados Unidos en Laos, 1954-1961

La guerra de Laos es probablemente uno de los episodios de la Guerra Fría más desconocidos e ignorados por la historiografía a pesar de las terribles consecuencias que tuvo. El hecho de que frecuentemente se considere como un conflicto periférico y ligado a la Guerra de Vietnam no contribuye tampoco a mejorar esta imagen.

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2015

Audit report on the Peace Officers' Retirement, Accident and Disability System for the year ended June 30, 2015

Report on the Peace Officers’ Retirement, Accident and Disability System, Schedule of Employer Pension Amounts required to implement Governmental Accounting Standards Board (GASB) Statement No. 68, Accounting and Financial Reporting for Pensions for the year ended June 30, 2015

Report on the Peace Officers’ Retirement, Accident and Disability System, Schedule of Employer Pension Amounts required to implement Governmental Accounting Standards Board (GASB) Statement No. 68, Accounting and Financial Reporting for Pensions for the year ended June 30, 2015

High-Speed Rail: lessons for policy makers from experiences abroad

In April 2009, the US government unveiled its blueprint for a national network of high-speed passenger rail (HSR) lines aimed at reducing traffic congestion, cutting national dependence on foreign oil and improving rural and urban environments. In implementing such a program, it is essential to identify the factors that might influence decision making and the eventual success of the HSR project, as well as foreseeing the obstacles that will have to be overcome.