Analysts' site visits and corporate innovation

• Main Authors: CHENG, Qiang, WANG, Yutao, YANG, Holly I., ZHANG, Zheyuan
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2022
• Subjects: Analyst coverage; site visits; innovation; R&D expenditures; Accounting; Corporate Finance; Technology and Innovation
• Online Access: https://ink.library.smu.edu.sg/soa_research/2012; https://ink.library.smu.edu.sg/context/soa_research/article/3039/viewcontent/Analysts_Site_Visits_Corporate_Innovation.pdf
• Institution: Singapore Management University

While prior studies examine whether analyst coverage affects corporate innovation, there is little research on the mechanism through which financial analysts affect corporate innovation. In this paper, we examine whether and how analysts’ questions about innovation affect corporate innovation activi...