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Face Value
L Peng, SH Teoh, Y Wang, J Yan
Apr 01, 2022
ABSTRACT: Using machine learning–based algorithms, we measure key impressions about sell‐side analysts using their LinkedIn photos. We find that impressions of analysts’ trustworthiness (TRUST) and dominance (DOM) are positively...
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First‐mover disadvantage
Abstract: Using 102 sovereigns rated by the three largest credit rating agencies (CRA), S&P, Moody's and Fitch between January 2000 and January 2019, we document that the first‐mover CRA (S&P) in downgrades falls into a...
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