Does Industry Competition Influence Analyst Coverage Decisions and Career Outcomes?
نویسندگان
چکیده
Abstract We analyze whether industry competition influences analyst coverage decisions and analysts benefit from covering product market competitors. find that are more likely to cover a firm when this competes with firms already covered by the analyst. also intensity of among these competitors is additionally important decision. Moreover, we who obtain star status. These results consistent importance knowledge accumulated through
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ژورنال
عنوان ژورنال: Journal of Financial and Quantitative Analysis
سال: 2022
ISSN: ['1756-6916', '0022-1090']
DOI: https://doi.org/10.1017/s0022109022000424