Cui, Chenyu; He, Guihua; Xie, Deren - In: China journal of accounting studies 10 (2022) 1, pp. 1-25
Information is key to decision-making and is a major determinant of investment performance. We hypothesise that as analysts are constrained by their research resources, they collect information with more externalities. Measuring information externalities as a stock’s fundamental correlations...
