This book identifies problems in financial analysts’ text production and explains why solving these problems benefits theory, practice, and society at large.

  • The overall research question is:

  • What are the reasons for the actual state of texts, and how can financial analysts reach a different target state if necessary? In Part II, this overall research question is answered from context, product, and process perspectives (Chapters 46).

  • From a context perspective, I investigate the situation of financial analysts in their team, the bank, in the financial community, and in the financial world in general (Chapter 4).

  • From a product perspective, I analyse financial analysts’ text products regarding comprehensiveness and comprehensibility, focusing on argumentative practices (Chapter 5).

  • From a process perspective, I shed light on the financial analysts’ writing process and the investors’ needs for understandable investment recommendations (Chapter 6).

Taken together, the answers developed in Chapters 46 provide an inclusive answer to the overall research question (Chapter 7). Based on this empirically grounded and inclusive answer, practical measures of how to increase the communicative potential of financial analysts’ recommendations are developed and discussed (Chapters 810).