Intermediation in the Market for Equity Research
We study a unique setting in Singapore where an intermediary assigns firms willing to pay for coverage to research providers that also produce nonintermediated research. Our evidence suggests the intermediated model is a promising alternative to the traditional sell-side model, which neglects small...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2014
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/4380 https://doi.org/10.1111/jfir.12045 |
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| Institution: | Singapore Management University |
| Language: | English |