Using hand-collected data on analyst locations, we study how geographic proximity affects
analyst coverage decisions for US firms that went public during 1996–2009, along with the …

This study examines the determinants of financial analyst coverage in the business press
and the effects of such coverage on analysts' careers. Using a sample of business press …

Previous studies document that forecast accuracy impacts analyst career outcomes. This
paper investigates the influence of forecast accuracy on coverage assignments. I show that …

We examine the effect on earnings forecast accuracy when financial analysts add or drop
coverage. We find that the accuracy of analysts' first forecast for a firm (newly added …

We study sell‐side analysts' motives to diversify their portfolios across industries. Despite the
negative association between diversification and accuracy, more than 60% of analysts cover …

Using a sample of 4,459 analysts covering 3,035 US IPOs during 1996–2009, we find that
analysts are 67% more likely to cover local IPO firms than non-local ones. Geographic …