Browsing: Academic Study

Crowd-Sourcing Investment Research

10/15/2013
Can investment research be crowd-sourced?  Or, perhaps more germane, how useful is crowd-sourced investment research? New platforms such as SumZero, Estimize and Value Investors Club share investment ideas and earnings ...

A New Theory of Insider Trading

10/01/2013
Current insider trading law is a theoretical mess.  Legal experts have described it as seriously flawed, ill-defined, inconsistent, dysfunctional, and an enigma.  A recent paper posits a new theory of ...

Does Equity Research Suppress Investment?

08/13/2013
The Financial Times recently ran an article on the mysterious decline of U.S. investment despite record corporate profits.  The culprit may be stock research’s intense focus on short-term earnings.  Recent ...

Increased Analyst Coverage Is A Bad Thing

07/01/2013
New York, NY – An academic study slated to be published in an upcoming Journal of Financial Economics, which examines the effect of analyst coverage on public company innovation, finds ...

Where All The Children Are Above Average

04/16/2013
No, not Lake Wobegon, we’re talking about Finland.  A recent study found that Finnish children under the age of 10 were remarkably astute investors, outperforming regular investors by as much ...

Equity Research and IPOs

02/05/2013
Tim Keating of Keating Capital, a publicly traded company which makes pre-IPO investments emerging growth companies, has published a thoughtful white paper on the impact on IPOs from changes in ...

Social Media & Research: Opportunities and Risks

12/17/2012
The FBI is reportedly monitoring Twitter and Facebook for insider trading violations.  The FBI views social media as a potential breeding ground for securities fraud.  At the same time, social ...

More on CSAs

12/11/2012
What, another study of commission sharing arrangements?  Hot on the heels of the Greenwich Associates/Frost Consulting report we discussed last week comes another study of CSAs by Woodbine Associates, a ...

The Value-Add of Conferences

10/22/2012
Conferences sponsored by research providers are a valuable research service which generates higher commissions as well as directed trades, according to an academic study.  The study estimated that investors allocated ...

Insider Trading: The Eighth Deadly Sin?

10/09/2012
Academics hotly debate the economic harm of insider trading.  A recent paper takes a different approach, focusing on the morality of insider trading.  It concludes that most forms of insider ...