Using hand-collected biographical information on financial analysts from 1983 to 2011, we find that analysts making forecasts on firms in industries related to their pre-analyst experience have better forecast accuracy, evoke stronger market reactions to earning revisions, and are more likely to...

Research questions: Does a manager in a small- and medium-sized company accept an expert on the same hierarchy level or are conflicts the consequences due to her/his power motivation? Methods: Questionnaire across different hierarchy levels in a medium-sized company Results: Managers are aware...