... Agency problems Bias Jumps Crashes Despite the value generated by analysts, ample amount of prior literature argues that their research is fraught with bias (Beyer et al., 2010 ; Farooq, 2013). The bias in analyst research comes from the conflict of interest that they face in their job...

... Emerald Publishing Limited 2022 Emerald Publishing Limited Licensed re-use rights only Product market competition Analyst coverage Agency problems Emerging markets Harit Satt can be contacted at: h.satt@aui.ma 10 08 2021 12 12 2021 04 01 2022 We believe...

... switch from guardians of decent governance and firm’s resources to a menace to creditors’ interests. Practical implications Our results expose the severity of agency problems in CSE. It is the duty of all market participants including regulators, board of directors, financial analysts, shareholders...