Conflicts of Interest and Stock Recommendations: The Effects of the Global Settlement and Related Regulations
Prior research has shown that sell-side analysts in general, and especially those facing conflicts of interest driven by investment bank relationships, issue overly optimistic recommendations. This paper studies the effect of regulations on sell-side analysts’ research. These regulations — Rule NASD 2...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2006
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/3810 https://ink.library.smu.edu.sg/context/lkcsb_research/article/4809/viewcontent/2005_10_005.pdf |
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| Institution: | Singapore Management University |
| Language: | English |