Essays on imperfect information in financial markets

Built upon the literature on investor limited attention, the next two chapters of this thesis explore the effects of product market advertising in the stock market where we use advertising expenditure as a proxy for investor attention. Next, we study the incentives of sell-side financial analysts, w...

Full description

Bibliographic Details
Main Author: Yang, Yangshen
Other Authors: Chemla, Gilles
Published: Imperial College London 2015
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.684302