CEOs Who Attend Investor Conferences See Lower Operating Performance

Are executives who travel to exotic investor conferences where they can rub shoulders with financial analysts and investors wasting time and corporate resources? A new study says that while it might improve stock liquidity, operating performance can suffer. Researchers Paul Brockman, Musa Subasi, Cihan Uzmanoglu note in a study the positive impact that CEOs paying attention to investors pays off under certain circumstances and with specific company types, and that information democracy can lead to higher valuations.

[munger]

The Wall Street perception game and investor conferences

There has always been a game on Wall Street, one of those illogical human oddities that a machine learning system might not understand. It is typically...