Our finding shows that analyst underreaction to new information may be compounded by the conservatism resulted from previous disappointments.
显示先前推荐行为的挫折经验所造成的保守行为，会加
其对后续新
讯
应不足的现象。
应,不
应Our finding shows that analyst underreaction to new information may be compounded by the conservatism resulted from previous disappointments.
显示先前推荐行为的挫折经验所造成的保守行为，会加其对后续新讯应不足的现象。
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