Jung, Michael J.; Wong, M. H. Franco; Zhang, X. Frank - 2017
underexplored in the literature due to data limitations. Using a large sample of transcripts, we identify 3,834 buy-side analysts … the determinants and implications of their participation. Buy-side analysts are more likely to participate when sell …-side analyst coverage is low and dispersion in sell-side earnings forecasts is high, consistent with buy-side analysts …