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We examine whether the informativeness of sell-side analyst reports depends on the strength of the regulatory environment of a country and the regulatory background of the institutional investors of a company. Our analyses are based on more than 600,000 analyst reports from 2005 through 2010...
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shareholders, thereby reducing political risk.of principles guiding government management of public corporations and effective …
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Shareholders of a target company must be well informed of the merits of a takeover bid for their shares. The takeovers … law requires the board of the bidder to provide all information necessary to enable the shareholders of the target to … adviser to assist the shareholders in making their decision. The Securities Commission Malaysia (SC) has published a …
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