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Features : Business
- Business professors show that one good turn elicits better stock ratings from analysts
November 21, 2007
A little can go a long way--even in the big-time world of Wall Street finance.
Research conducted by Michael Clement of The University of Texas at Austin and James Westphal of the University of Michigan shows that even the smallest favors from executives to Wall Street analysts can help secure better stock ratings for their firms.
In the study, the authors examined thousands of surveys sent to analysts from 2000 to 2003. The survey results indicate that...
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