volume 34, issue 3, P305-323 2019
DOI: 10.1108/maj-01-2018-1783
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Omaima Hassan, Gianluigi Giorgioni

Abstract: This study investigates the impact of country-level corruption and firms' antibribery policies on analyst coverage. Analyst coverage has been identified as a powerful tool to detect fraud and should equally act as a possible tool to reduce corruption. Design/methodology/approach: It employs a negative binomial count regression method on a longitudinal dataset of a sample of S&P Global 1200 companies for the years 2010 to 2015. To control for potential endogeneity bias and improve the reliability of the estimat…

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