Should financial gatekeepers be publicly traded?
We investigate how a broker firm’s initial public offering (IPO) affects its analysts’ fiduciary duty of providing independent and objective recommendations. We find that the analysts of newly listed broker firms issue more positively biased recommendations in the first 2 to 3 years after their empl...
Main Author: | |
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Contributors: | ; |
Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Interlibrary Loan: | Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany) |
Published: |
2020
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In: |
Journal of business ethics
Year: 2020, Volume: 164, Issue: 1, Pages: 175-200 |
Further subjects: | B
Initial public offering
B Broker firms B Aufsatz in Zeitschrift B Financial gatekeepers B Analyst recommendation B Ethical Conduct |
Online Access: |
Volltext (lizenzpflichtig) Volltext (lizenzpflichtig) |