We summarize the empirical evidence regarding Regulation Fair Disclosure (FD) to gauge
whether the regulation achieves its stated objectives and to provide insights and direction for …

This study investigates whether and how institutional investors' site visits affect corporate
innovation. Using all Chinese firms listed in the Shenzhen Stock Exchange from 2009 to …

This study examines the impact of corporate site visits on analysts' forecast accuracy based
on a sample of such visits to Chinese listed firms during 2009–2012. We find that analysts …

Our objective is to penetrate the “black box” of sell‐side financial analysts by providing new
insights into the inputs analysts use and the incentives they face. We survey 365 analysts …

Although sell‐side analysts often privately interact with managers of publicly traded firms,
the private nature of this contact has historically obscured direction examination. By …

We examine the improvements in forecast accuracy that result from analysts' visits to listed
companies. We find that company visits significantly enhance the accuracy of the analysts' …

Using hand‐collected biographical information on financial analysts from 1983 to 2011, we
find that analysts making forecasts on firms in industries related to their preanalyst …

This study investigates the relationships among information uncertainty, investor sentiment,
analyst reports, and stock returns in a unified framework. The effects of analyst reports on …

Abstract Regulation Fair Disclosure was passed in 2000 in response to the concern that
certain investors were gaining selective access to privileged firm information. In spite of the …

We examine the stock price impact of corporate site visits using a unique data set of site
visits to listed firms in China. Our main findings are as follows. First, the market reaction …