6 ? DECEMBER 2006 Analyst Coverage and Financing Decisions XIN CHANG, SUDIPTO DASGUPTA, and GILLES HILARY? ABSTRACT We provide evidence that analyst coverage affects security issuance. First, firms covered by fewer analysts are less likely to issue equity as opposed to debt. They issue equity less...
Dasgupta , and G. Hilary , 2006 , “ Analyst Coverage and Financing Decisions ,” Journal of Finance 61 , 3009 – 3048 .Chang, X. I. N., Dasgupta, S., & Hilary, G. (2006). Analyst coverage and financing decisions. The Journal of Finance, 61 , 3009–3048....
Chapter 12 - Trade-Off and Pecking Order Theories of Debt Taxes, bankruptcy costs, transactions costs, adverse selection, and agency conflicts have all been advocated as major explanations for the corporate use of... VK Goyal - Elsevier B.V. 被引量: 1174发表: 2007年 ...
Although both camps provide compelling arguments and show robust empirical evidence, the effect of analyst coverage on the overall quality of corporate investment decisions remains an open empirical question: while an increase in external financing and external monitoring can be valuable it does not auto...
This study investigate how risk-adjusted returns influence an analyst’s coverage decisions and the quality of his research report. Specifically, we examine how risk-adjusted returns of stocks influences analysts’ decision to follow a firm. This study also examines the effect of a stock’s risk-...
Corporate Finance: corporate governance as well as evaluating investing and financing decisions Equity Investments: an overview of equity investments, security markets, and indexes, as well as valuation methods Fixed Income: fixed income securities and their markets, yield measures, risk factors, and va...
An analyst gathered the following information about four common stock that all have the same dividend payout ratio:
(2019) analysed the role of sustainability disclosure in reducing forecasting errors and improving analyst coverage, they did not study its interaction with optimism bias and analysts’ recommendations. Shad et al. (2019) demonstrate an increasing interest in companies that implement corporate ...
Produced reports detailing the impact of debt financing on company’s net income to boost cash flow by 22% Make sure the resume format you choose brings attention to your most impressive achievements. 3. Include the right financial analyst skills for the job Financial analysts need a range of ...
You’ll also receive benefits including: Comprehensive medical and dental coverage, retirement benefits, a range of discounted products and free services, and for formal education related to advancing your career at Apple, reimbursement for certain educational expenses — including tuition. Additionally, ...