Analyst career concerns, effort allocation, and firms' information environment
Analysts strategically allocate more effort to portfolio firms that are relatively more important to their careers. Thus, the other firms the analysts cover indirectly affect a firm's information environment. Controlling for analyst and firm characteristics, we find that an analyst makes more a...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Oxford University Press
2019
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| Online Access: | View Fulltext in Publisher |