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Three essays on financial intermediation

Vu, Hien Quoc ; Degeorge, François (Dir.)

Thèse de doctorat : Università della Svizzera italiana, 2014 ; 2014ECO009.

Financial intermediation plays a central role in connecting capital demanders, i. e. firms, and capital suppliers, i. e. investors. My essays focus on two types of financial intermediaries, namely investment banks, who provide a variety of services for firms and institutional investors, and sell-side security analysts, who analyze and provide information about firms, mainly, to institutional...