The effect of managerial entrenchment on analyst bias
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DOI: 10.1016/j.gfj.2018.04.001
Abstract: Abstract While analyst bias is well documented, its relationship with corporate governance has been neglected. We claim that entrenched management of covered firms significantly increases analyst bias. By using governance index as a proxy for… read more here.
Keywords: analyst bias; managerial entrenchment; analyst; effect managerial ... See more keywords