Analyst Coverage Networks and Corporate Financial Policies

The authors thank Victoria Ivashina, the department editor, an associate editor, and two anonymous referees for valuable comments and suggestions and Ambrus Kecskés (discussant), Markku Kaustia (discussant), Murray Frank (discussant), Felipe Cortes, and conference and seminar participants at the 2019 FMA Annual Meetings, 2018 Western Finance Association Meetings, 2017 American Finance Association Meetings, 2017 Edinburgh Corporate Finance Conference, Universidad Católica de Chile, Universidad Adolfo Ibañez, Central Bank of Chile and Universidad de Chile for helpful comments and discussions. This paper is dedicated to the memory of our colleague and friend Radhakrishnan Gopalan, who passed away in December 2022. He will be dearly missed.