---
title: Who is Calling? Information Gathering versus Lobbying in Analyst Forecasts
url: https://www.ml-quant.com/papers/ssrn/7664081/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-30
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7664081
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7664081
featured: 2026-10-30
citations: unknown
topic: Trading, Microstructure & Execution
---


# Who is Calling? Information Gathering versus Lobbying in Analyst Forecasts

Mobile-call data between brokerages and firms reveals that brokerage-initiated calls improve forecast accuracy, while firm-initiated calls reduce it, suggesting information gathering versus lobbying.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7664081
- Identifier: SSRN 7664081
- Released: 2026-10-28
- First featured: Quant Letter No. 137 (2026-10-30): https://www.ml-quant.com/issues/2026-10-30/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Trading, Microstructure & Execution
- Authors: Di Lu, Yongxiang Wang, Nianhang Xu

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