In this study we analyze the effect of the security analysis activities on stock market liquidity and execution quality. We show that stocks followed by financial analysts have better market liquidity and execution quality than stocks with no analyst following, and stocks followed by affiliated...

Cover -- Title Page -- Copyright -- Contents -- Acknowledgments -- About the Editors -- About the Chapter Authors -- CHAPTER 1 Equity Markets, Valuation, and Analysis: An Overview -- Introduction -- About This Book -- Purpose of the Book -- Distinguishing Features -- Intended Audience --...

"The primary purpose of this scholarly book is to provide an objective look into the dynamic world of equity markets, valuation, and analysis. The coverage extends from discussing basic concepts and their application to increasingly intricate and real-world situations. This volume spans the...