... disaggregation criteria. Consistent with capital markets being informationally segmented by industry, I find that industry disaggregation is negatively associated with analyst forecast error and dispersion, and positively associated with analyst following and information transfers among analysts and investors...

... is an undocumented and widespread mechanism that insiders use to avoid regulatory scrutiny. Data Availability: Data are available from the public sources cited in the text. JEL Classifications: D4; G14; K22. 2021 business partners insider trading private information information transfers spillover...

...Young Jun Cho; Yongtae Kim; Yoonseok Zang ABSTRACT We examine the relation between information externalities along the supply chain and voluntary disclosure. Information transfers from a major customer's earnings announcement (EA) can substitute for its supplier's disclosure. Conversely...