Wall Street Analysts Explore a New Career Path

Here are a blog post and related paper by Ole-Kristian Hope, Zhongwei Huang and Rucsandra Moldovan, titled "Economic Consequences of Hiring Wall Street Analysts as Investor Relations Officers." That is of course a career path: If you are a Wall Street sell-side analyst writing research reports to help investors understand a company, you might end up getting hired by that company (or some other company) to help it explain itself to analysts and investors.

The authors describe the benefits to companies of hiring analysts to run investor relations. For one thing, they tend to improve the writing style of a company's disclosure -- making it less complex and more readable -- presumably because, if they weren't writing the disclosure, the lawyers would be.