Despite the importance of sell-side financial analysts as information intermediaries in the capital market, little is known about how managerial equity ownership associates with their information environment. Using Barron, Kim, Lim and Stevens' (1998) framework of measuring information...

We examine the relationship between audit committee directors' unequal allocation of attention to multiple directorships and firms' earnings management. We find that firms with a greater proportion of audit committee directors for whom the directorship is more important than their other...