Fang, Bingxu; Hope, Ole-Kristian; Huang, Zhongwei; … - 2019
This paper provides early but broad empirical evidence on a major new investor protection regulation in Europe, MiFID … decrease in the number of sell-side analysts covering European firms after MiFID II implementation, particularly for firms that … to the buy-side after MiFID II by providing industry recommendations along with stock recommendations. Importantly, we …