Hype my stock: Do firms really want biased research?

Analyst research is alleged to be biased because of conflicts of interest when analysts’ employers underwrite securities for the firms covered. I posit that affiliated analyst optimism should be the strongest for offering firms with a desire to over-inflate stock prices. I hypothesize that a firm’s...

Full description

Saved in:
Bibliographic Details
Main Author: LOH, Roger
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2009
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5333
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6332/viewcontent/SSRN_id1102719.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English