 Leslie Boni, Luis Alberto Giorgio, Pietro Masci Conflicts of Interest Facing Securities Research Analysts: Implications for Capital Markets IFM Review - march 2002
Securities research analysts are employed by banks and brokerage firms
to provide investors with research reports and recommendations to buy or sell stocks.
In the last year, they have been widely criticized by legislators, regulators, the press, academics, and investors in the United States.
Specifically, do these analysts, who face a variety of potential conflicts of interest, always make recommendations that are in the best interest of the investor?
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(03/01/2002)
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