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Laura Martin: Real Options and the Cable Industry
https://www.hbs.edu/faculty/Pages/item.aspx?num=27393
Question
What functions do equity analysts have in the financial system? What constituencies do they serve and what are their incentives? Are analysts' incentives consistent with the purpose of the role that they are expected to fulfill in the market? When and how might Laura Martin try to stand out from other analysts? How can the quality of an analyst be assessed?
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