Analysts' site visits and corporate innovation

• المؤلفون الرئيسيون: CHENG, Qiang, WANG, Yutao, YANG, Holly I., ZHANG, Zheyuan
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2022
• الموضوعات: Analyst coverage; site visits; innovation; R&D expenditures; Accounting; Corporate Finance; Technology and Innovation
• الوصول للمادة أونلاين: 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

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...