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• W1973298082 abstract "Purpose – The purpose of this paper is to examine the association of analyst following with the strength of overall firm‐specific corporate governance (CG) in an emerging‐market setting.Design/methodology/approach – This paper uses empirical methodology to test the hypothesis with a sample of 753 emerging‐market companies over 2001 and 2002.Findings – It is found that the effectiveness of CG has a positive impact on the level of analyst following. Further analyses indicate that this positive relation is concentrated in the countries with a common law tradition.Research limitations/implications – This paper joins prior research by providing evidence on the information intermediary role of financial analysts. It also provides supporting evidence on analysts' monitoring role in common law countries of emerging markets.Practical implications – The findings of this paper have implications for the decision making of managers and investors. By improving CG at the firm level, companies can significantly improve t..." @default.
• W1973298082 created "2016-06-24" @default.
• W1973298082 creator A5058976463 @default.
• W1973298082 date "2010-07-22" @default.
• W1973298082 modified "2023-09-26" @default.
• W1973298082 title "Analyst following and corporate governance: emerging‐market evidence" @default.
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• W1973298082 doi "https://doi.org/10.1108/10309611011060533" @default.
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