Analysts and Corporate Liquidity Policy
abstract: This paper examines how equity analysts' roles as information intermediaries and monitors affect corporate liquidity policy and its associated value of cash, providing new evidence that analysts have a direct impact on corporate liquidity policy. Greater analyst coverage (1) reduces i...
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Format: | Doctoral Thesis |
Language: | English |
Published: |
2012
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Online Access: | http://hdl.handle.net/2286/R.I.14752 |