Independent Equity Research from Business Schools: A Possibility

The investigations of New York Attorney General brought out the fact that research of investment banks had conflicts of interest. As a consequence, the need for independent research was recognized and a fund for independent research was set up there. The faculty and students of business schools have the capability to analyze the equity shares employing the analytical methods and disseminate research based recommendations to the investors. Such research can be disseminated through various means, institute website being one of them. This paper argues that business school faculty should take up the responsibility for preparing and communicating equity research reports and also describes two initiatives by business schools in this context.