Why Do Analysts Continue to Provide Favorable Coverage for Seasoned Stocks?
本文档由 enbook 分享于2010-10-27 01:47
Research has documented that the first report an investment bank affiliated analyst issues on a newly listed stock tends to be favorable. Our analysis of 16,824 relationships between analyst teams and established listed companies during 1995-2003 indicates that analyst coverage decisions of seasoned stocks are influenced by their affiliations with investment banks and mutual funds...
君,已阅读到文档的结尾了呢~~