Three Essays on Information Intermediaries in Financial Markets
Institution: | York University |
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Department: | |
Year: | 2015 |
Keywords: | Finance |
Record ID: | 2062556 |
Full text PDF: | http://hdl.handle.net/10315/28222 |
This dissertation examines novel issues related to information intermediaries in financial markets and consists of three essays on the following three distinct topics: (1) the monitoring role of credit rating agencies, (2) heterogeneity in the influence of sell-side analyst recommendation changes, and (3) the information flow from sell-side analysts to their affiliated asset managers.