Analyst effort allocation and firms' information environment
We show that a firm’s information environment is significantly impacted by the characteristics of the other firms its analysts cover. Analysts strategically allocate effort among portfolio firms by devoting more effort to firms that are relatively more important for their career concerns. Specifical...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2017
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5305 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6304/viewcontent/SSRN_id2947193.pdf |
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| Institution: | Singapore Management University |
| Language: | English |