In this study, I investigate the impact of analyst coverage changes on firms' subsequent firm-specific crash risk. Using a sample of 24,228 firm-year observatio

Whether financial analysts play an effective role as information intermediaries and monitors has triggered a wide spread of debate among academics and practitio

We employ a characteristic-based model to decompose total analyst coverage into abnormal and expected components and show that abnormal coverage contains valuab

Prior literature has shown that managers have incentives to opportunistically and selectively withhold bad news from investors because of career concerns, compe

As a relatively young subject matter, corporate social responsibility has unsurprisingly developed and evolved in numerous ways since the first edition of this