William Harrington

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  • Elisabeth Kempf, Alberto Manconi, Luc Renneboog, Oliver Spalt, Lieven Baele, Fabio Braggion +6 others
  • 2015
Investment banks frequently hire credit analysts from rating agencies. A widely held view is that this " revolving door " undermines analysts' incentives to issue accurate ratings. Using a hand-collected dataset of the performance and career paths of 229 credit rating analysts between 2000 and 2010, I provide new evidence on the effects of revolving doors(More)
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