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...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2009
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| 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 |
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| Institution: | Singapore Management University |
| Language: | English |