Gomes, Armando R. (contributor); Gorton, Gary (contributor); … - 2003
analysts administered by the Association of Investment Management and Research
2
fundamental principle of fairness.” The … incentives
to engage in selective disclosure. This problem was the use of information by management to
essentially bribe … analysts, perhaps in exchange for a quid pro quo, i.e., “…the potential for
corporate management to treat material information …