Construct · 1 fields · 1 citations

analyst conflicts of interest: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
analyst conflictsof interest1 CONSTRUCTAnalyst conflicts ofMICHAELY · ASSET PRICING

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Asset pricing

bias in recommendations by analysts whose firms underwrite the covered company's securities.

In asset pricing, analyst conflicts of interest refers to bias in recommendations by analysts whose firms underwrite the covered company's securities. This meaning comes from Michaely (1999) in Review of Financial Studies.[1]

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Nearby constructs

asset2 fields · 2 citationsjingle · one word, two constructsbias6 fields · 8 citationsjingle · one name, six constructsinterest4 fields · 5 citationsjingle · one word, four constructs

References

  1. Michaely, R., & Womack, K. L. (1999). Conflict of Interest and the Credibility of Underwriter Analyst Recommendations. Review of Financial Studies, 12(4), 653-686. https://doi.org/10.1093/rfs/12.4.653

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