Does the scope of the sell-side analyst industry matter? An examination of bias, accuracy and information content of analyst reports

Abstract

This paper examines factors related to changes in the scope of the sell-side analyst industry and whether such changes affect the quality of analyst reports as well as how information is impounded into prices. We find that factors commonly associated with economic and financial market growth and profitability within the financial services industry are… (More)

Topics

11 Figures and Tables

Slides referencing similar topics