We analyze the information content of corporate insiders' trades after accounting for certain
trading patterns. We find that insiders trades over longer periods of time when they may …

Financial analysts evaluate a firm's performance and provide earnings forecasts for future
periods. Analysts have limited access to firm financial information, particularly following the …

In this paper, I examine how the lending relationships between banks and their borrowers
affect the quality of analysts' earnings forecasts after financial deregulation in Japan. My …

In this dissertation, I examine how analysts' private connections to external peers across
brokerages affect the quality of their research. I find that analysts with private connections …

We examine how analysts whose forecasts consistently lag those of timely analysts add
value as financial intermediaries. We classify analysts as lead and follower analysts for a …