The customer is king : mutual fund relationships and analyst recommendations
I investigate whether the business relations between mutual funds and brokerage firms influence sell-side analyst coverage and recommendations. Using a comprehensive sample of analyst recommendations in China over the 2004-2008 period, I find that the likelihood of analyst coverage and analysts’ rel...
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| Format: | Others |
| Language: | en |
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Digital Commons @ Lingnan University
2009
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| Online Access: | https://commons.ln.edu.hk/fin_etd/1 https://commons.ln.edu.hk/cgi/viewcontent.cgi?article=1000&context=fin_etd |