Using data from 21 countries, this paper analyzes the relation among analyst coverage, earnings management and financial development in an international context. We document that the effectiveness of financial analysts as monitors increases with a country's financial development (FD). We find...

This paper analyses the impact of increases in the price of two primary products - coffee and cocoa - on the growth of the national and regional economies in Brazil. It aims at explaining the factors that have determined salutary effects in the coffee region and negligible effects in the cocoa...