Zhu, Song; Jiang, Xiaoyu; Ke, Xiaoli; Bai, Xiaoyu - In: China journal of accounting research : CJAR 10 (2017) 3, pp. 281-293
Using 231 pairs of matched firms from 2009 to 2012 in Chinese stock market, we find that the stock index adjustment significantly affects the analyst coverage, which in addition to the stock index leads to more analyst coverage, while deletion from the stock index has no significant effect,...
