We use information from product descriptions in firm 10-Ks to analyze whether product market competition influences analysts' decisions to cover firms, the accuracy and consistency of their earnings reports and their likelihood of obtaining Analyst All-Star status. We find that a firm's analyst...

We examine the effect of institutional investors on labor-related misconduct. We find that institutional ownership is negatively associated with firms' propensity to violate federal labor laws. Additional tests using instrumental variables and regression discontinuity suggest a causal relation....