Using the data from 2011 to 2017, this paper exploits the effect of analyst’s salary on forecast accuracy. The result shows that after the implementation of salary ceiling,the analysts of state-owned broker issues more accurate earning forecast than the analysts of non-state owned broker....

We investigate the impact of government subsidy schemes and channel power structure on the level of innovation in a two-tier supply chain. Our results indicate that consumer subsidies are more effective than producer subsidies in promoting innovation investment for a given channel power...

This paper examines whether the departure of star analysts stimulates the internal competition and motivates non-star analysts who are employed by the previous brokerages to issue more accurate forecasts. We find that the departure of star analysts motivates non-star analysts to provide more...

This paper examines whether the network ties help explain variation in analysts' forecast accuracy and how the relationship between network ties and analysts' forecast accuracy varies depending on the nature and context of those ties. We posit that the analysts could develop a valuable...

Backward shareholding and supplier development are commonly observed strategies to maintain vertical relationship for downstream buyers. This paper investigates the downstream buyer's relationship management strategy choice in the presence of upstream supplier's forward shareholding. We consider...