Security Analyst Independence

by Jennifer Francis

Many investors perceive, based primarily on anecdotal evidence, that analysts do not act independently. What the authors of this Research Foundation monograph provide is a scientific exploration of the evidence on the nature and causes of security analyst conflicts. This comprehensive and insightful analysis should help investors evaluate the integrity of sell-side research and help regulators adopt wise policies.

118 pages, Paperback

First published August 27, 2004