| 1. | This says a lot about the objectivity of the work of investment analysts
有人会说以此推论投资分析员不够客观并不公平。 |
| 2. | Their forecasts of earnings growth over the period averaged 12 per cent per annum , while the actual earnings growth averaged only about 7 per cent
年期表现为例，投资分析员预计这些企业平均每年的盈利增幅达到 |
| 3. | External monitoring of corporations recent corporate failures have raised serious questions about the quality and objectivity of investment analysts
近期的企业倒闭事件引发大家关注到投资分析员的质素及客观水平的问题。 |
| 4. | In these circumstances , there is perhaps a need for special efforts to ensure even greater independence than that afforded by " chinese walls "
在这情况下，单靠投资经纪行严格分隔不同部门的机制，相信并不足以确保投资分析员的独立性，而是需要另定对策了。 |
| 5. | The possibility of conflict of interest is addressed or dismissed by claims that the independence of investment analysts is ensured by the presence of " chinese walls "
对于利益冲突的问题，有些人认为把证券分析与销售部门明确分隔，已可确保投资分析员的独立性。 |
| 6. | Indeed , doubts have been expressed on the willingness or the ability of analysts , particularly those employed by securities dealers , to exert negative but correct judgements
事实上，曾经有人提出质疑，认为投资分析员尤其受雇于证券交易商的未必会如实地对有关企业作出负面的评估。 |
| 7. | It is ironic that the credibility of investment analysts has hitherto come from their association or employment with investment houses that are in the business of underwriting or selling securities
很讽刺的是投资分析员所以能够建立公信力，往往是因为他们与从事证券包销或销售的投资经纪行有联系，或受雇于这些机构。 |
| 8. | Alan greenspan expects that with greater transparency of the analysts recommendations and of their ex post results , market discipline will lead to the optimistic bias of the investment analysts to diminish rather rapidly
格氏认为提高投资分析员编制投资建议的透明度，并以实际业绩比照他们的评估，可以增加市场自律，投资分析员偏向唱好的现象便会大为减少。 |
| 9. | One of the issues raised amongst regulators in connection with the spate of recent high profile corporate failures worldwide is the adequacy of external monitoring . specifically , the independence of investment analysts has been mentioned in this context
近期各地的企业倒闭事件，惹人注目，使监管机构关注到商业机构的外在监察是否足够，其中更牵涉到投资分析员的独立性问题。 |
