The investment industry is resilient and will continue conducting diligent company research and analysis while the investigations play out. As part of that process, companies and individuals will need to individually judge the potential reputational impact of using expert consultants. But given the need for quality information, the expert network industry — or its next incarnation — undoubtedly will remain a part of many analysts’ toolboxes.
—Glenn Doggett, Director of Standards of Practice, CFA Institute: via CFA Institute. Doggett reminds us that there have been bad actors outside of expert networks and bad actors inside of expert networks, but expert networks or their next incarnation will continue to provide an important research service.
3 comments
Comments feed for this article
27 May 2011 at 4:45 pm
rich vein of corruption « Stilltitled
[…] come of this, at least it will serve as a lesson to the importance of compliance policies, procedures, and systems when speaking with outside experts, and at most, it may provide the contours of a […]
17 June 2011 at 12:25 pm
who is this former gerson lehrman group executive? « Stilltitled
[…] ignore some basic facts that would belie the parallel, benefit Craigslist and illuminate some underlying strengths and lessons that expert networks could […]
14 July 2011 at 12:40 pm
linkedin does not an expert network make « Stilltitled
[…] both experts and clients. It’s the combination of everything – the systems, policies, compliance – that makes it work. Otherwise, it’s just a […]