Tag Archives: Yuyan Guan

Regulations and Brain Drain: Evidence from Wall Street Star Analysts’ Career Choices

By | November 19, 2018

Courtesy of Yuyan Guan, Congcong Li, Hai Lu, and Franco Wong Sell-side analysts from investment banks have long been suspected of issuing overly optimistic stock research in exchange for investment banking business, especially during the Internet bubble period in the late 1990s. Amongst a series of reforms from 2002 to 2003 to address the conflicts… Read More »