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…
CEOs Who Attend Investor Conferences See Lower Operating Performance
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.