Barth, Andreas; Laturnus, Valerie; Mansouri, Sasan; … - 2021
Initial Coin Offerings (ICOs) provide a clean opportunity and rich data to study the contribution of analysts to the … functioning of capital markets. The assessments of freelancing ICO analysts vary in quality and exhibit biases due to the … reciprocal interactions of analysts with ICO team members. Ratings predict ICO success, but imperfectly. Even favorably rated …