The vast majority of reports written by sell-side equity analysts conclude with a reiteration of the analyst's existing recommendation on a firm's stock. Yet there is a disproportionate amount of research that focuses on the market reactions of changes in recommendations and a prevailing sense...

For this study, we examined the relationship between the digital economy and labour share from the perspective of industrial heterogeneity. To analyse the digital economy's impact on labour share, we introduced a digital economy into a framework concerning labour share. We then built a...