Analysts' Conflict of Interest and Biases in Earnings Forecasts
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Analysts' earnings forecasts are influenced by their desire to win investment banking clients. We hypothesize that the equity bull market of the 1990s, along with the boom in investment banking business, exacerbated analysts' conflict of interest and their incentives to adjust strategically
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美国国家经济研究局创建时间：
2003-03-01
