Content and Characteristics of Private in-House Meetings

Jian Chen, Yixiao Zhou, Zhen Qi

    Research output: Contribution to journalArticle


    We investigate characteristics of private in-house meetings by analyzing 7,369 records of Chinese-listed companies' meetings. Using meeting content, we investigate four characteristics: number and heterogeneity of external participants, communication depth, communication breadth, and importance attributed to communication by executives. An increase in the number of institutional investors attending an in-house meeting increases depth and breadth of communication, as well as the importance attributed to it by executives. Participation of public funds, securities companies' research teams, and private equity funds increases the depth of communication, while public funds enhance its breadth. Executives of listed companies treat different types of investors differently.
    Original languageEnglish
    Pages (from-to)442-455
    JournalJournal of Behavioral Finance
    Issue number4
    Publication statusPublished - 2020


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