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Winners in the Spotlight: Media Coverage of Fund Holdings as a Driver of Flows
(Elsevier BV, 2014-07)
We show that media coverage of mutual fund holdings affects how investors allocate money across funds. Controlling for fund performance, fund holdings with high past returns attract extra flows only if these stocks were ...
Incorporating Field Data into Archival Research
(Wiley, 2014-05-04)
I explore the use of field data in conjunction with archival evidence by examining Iliev, Miller, and Roth's (2014) analysis of an amendment to the Securities Exchange Act of 1934. This regulatory amendment allowed depositary ...
Private Interaction Between Firm Management and Sell-Side Analysts
(Wiley, 2013-12-31)
Although sell-side analysts often privately interact with managers of publicly traded firms, the private nature of this contact has historically obscured direction examination. By examining a set of proprietary records ...