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Università della Svizzera italiana

Financial analysts, information and market efficiency

Barmpoutis, Vasileios ; Degeorge, François (Dir.)

Thèse de doctorat : Università della Svizzera italiana, 2012 ; 2012ECO002.

The first paper (joint with François Degeorge and Roni Michaely) examines the role of brokers in the performance of securities analysts, after taking into account the inherent abilities of the employed analysts. The question we are asking is if working at a large and resourceful Wall Street firm has overall advantages to the analyst, after controlling for an analyst's inherent ability. From the...