Dan Reingold

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  • FRANÇOIS DEGEORGE, Sumit Agarwal, Alan Crane, David De Angelis, Francesco Franzoni, Laurent Frésard +12 others
  • 2012
Equity research analysts tend to cover firms about which they have favorable views. We exploit this fact to infer analysts' preferences for corporate policies from their coverage decisions. We then use exogenous analyst disappearances to examine the effect of preferences on policies. After an analyst disappears, firms change their policies in the direction(More)
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