Before an analyst becomes an analyst: Does industry experience matter?
Using hand‐collected biographical information on financial analysts from 1983 to 2011, we
find that analysts making forecasts on firms in industries related to their preanalyst …
find that analysts making forecasts on firms in industries related to their preanalyst …
Analyst career concerns, effort allocation, and firms' information environment
Analysts strategically allocate more effort to portfolio firms that are relatively more important
to their careers. Thus, the other firms the analysts cover indirectly affect a firm's information …
to their careers. Thus, the other firms the analysts cover indirectly affect a firm's information …
Director networks, political connections, and earnings quality in Malaysia
This article investigates the relationship between director networks and earnings quality in
Malaysia. Using data on 4,416 individual directors who served on the boards of 745 firms …
Malaysia. Using data on 4,416 individual directors who served on the boards of 745 firms …
Are all independent directors equally informed? Evidence based on their trading returns and social networks
Y Cao, D Dhaliwal, Z Li, YG Yang - Management Science, 2015 - pubsonline.informs.org
We study the impact of social networks on the ability of independent directors to obtain
private information from their firms' executives. We find that independent directors socially …
private information from their firms' executives. We find that independent directors socially …
Competitive parity, status disparity, and mutual forbearance: Securities analysts' competition for investor attention
Most studies of responses to change in competitive environments focus on competitor-
specific adaptations. However, rivals are often acutely aware of one another, and this …
specific adaptations. However, rivals are often acutely aware of one another, and this …
Does it pay to have friends? Social ties and executive appointments in banking
We exploit a unique sample to analyze how homophily (affinity for similar others) and social
ties affect career outcomes in banking. We test if these factors increase the probability that …
ties affect career outcomes in banking. We test if these factors increase the probability that …
Analysts' connections and M&A outcomes
F Cortes, F Marcet - Management Science, 2023 - pubsonline.informs.org
This paper studies the role of shared analysts, who cover the target and the acquirer, in
mergers and acquisitions outcomes. We find that deals where both firms are connected …
mergers and acquisitions outcomes. We find that deals where both firms are connected …
Bank lending networks, experience, reputation, and borrowing costs: empirical evidence from the French syndicated lending market
CJ Godlewski, B Sanditov… - Journal of Business …, 2012 - Wiley Online Library
We investigate the network structure of bank lending markets and evaluate the impact of
lenders' network centrality, considered a measure of their experience and reputation, on …
lenders' network centrality, considered a measure of their experience and reputation, on …
Audit firm political connections and PCAOB inspection reports
WR Knechel, HJ Park - Accounting, Organizations and Society, 2022 - Elsevier
We examine the effect of audit firm political connections on the harshness of Public
Company Accounting Oversight Board (PCAOB) inspection reports. Relying on Regulatory …
Company Accounting Oversight Board (PCAOB) inspection reports. Relying on Regulatory …
Analyzing the analysts: The effects of technical and social skills on analyst performance and careers
This paper investigates the effects of financial analysts' technical and social skills on their
performance and career advancement. Using financial analysts' LinkedIn profiles, we find …
performance and career advancement. Using financial analysts' LinkedIn profiles, we find …