CUHK Business School Research Reveals Local Financial Analysts with Access to Political Knowledge Generate More Accurate Forecasts in China
HONG KONG, CHINA, Jun. 15 (Korea Bizwire) - Research study on work of local and foreign brokerage analysts in China finds political knowledge creates information wedge between market participants. Institutional factors, such as politics and the relationships between politicians and companies, can shape the way businesses report financial information in many emerging economies. There is often [...]