Unexpected distractions and investor attention to corporate announcements
We investigate how unexpected distractions affect investor reactions to corporate earnings
announcements. We use a daily news pressure (DNP) index as a proxy for the presence of …
announcements. We use a daily news pressure (DNP) index as a proxy for the presence of …
[PDF][PDF] Earnings quality
D Nissim - … School Research Paper Forthcoming. Assessed from …, 2021 - researchgate.net
This monograph provides a thorough review of earnings quality issues and analysis. Its
primary objectives are to help gain a deep understanding of earnings quality and facilitate …
primary objectives are to help gain a deep understanding of earnings quality and facilitate …
Subscription price discounts of stock warrants and cost of potential ownership dilution
CC Lee, SH Ng, RWL Khong - International Review of Economics & …, 2024 - Elsevier
We examine two important views in the literature of warrants: the undervaluation signal of
firm value associated with out-of-the-money warrants and the usage of warrants as …
firm value associated with out-of-the-money warrants and the usage of warrants as …
Non-GAAP EPS denominator choices
We provide the first evidence after Regulation G on firms' non-GAAP EPS denominator
choices and whether they are informative or opportunistic. From 2013 to 2019, 17 percent of …
choices and whether they are informative or opportunistic. From 2013 to 2019, 17 percent of …
[PDF][PDF] Does capital asset pricing hold in Pakistan stock exchange? An application of seemingly unrelated regression
The aim of the study is to critically evaluate role of Capital Asset Pricing Model with the
respect to Pakistan Stock Exchange through applying Seemingly Unrelated Technique of …
respect to Pakistan Stock Exchange through applying Seemingly Unrelated Technique of …
Earnings quality, fundamental analysis and valuation
D Nissim - Columbia Business School Research Paper, 2021 - papers.ssrn.com
This monograph provides a thorough review of earnings quality issues and analysis. Its
primary objectives are to help gain a deep understanding of earnings quality and facilitate …
primary objectives are to help gain a deep understanding of earnings quality and facilitate …
Sentiment Management: AI-based Evidence from Earnings Guidance
We investigate whether firms manage sentiment within their disclosures, and whether such
sentiment management plays a role in shaping investor reactions to information. U sing …
sentiment management plays a role in shaping investor reactions to information. U sing …
SPACs: An overview and assessment of returns
JR Barth, M Gu, J Liu - American Journal of Economics and …, 2023 - Wiley Online Library
Special purpose acquisition companies (SPACs) originated in the 1980s. A SPAC is a shell
company formed by a sponsor to raise capital through a SPAC IPO to acquire or merge with …
company formed by a sponsor to raise capital through a SPAC IPO to acquire or merge with …
Firms' Tweets and Stock Price Discovery
J Berkovitch, D Israeli, V Subramanian - Available at SSRN, 2023 - papers.ssrn.com
Do firms' tweets improve stock price discovery at quarterly earnings announcements? We
address this question using a comprehensive sample of 148,656 tweets released by 855 …
address this question using a comprehensive sample of 148,656 tweets released by 855 …
Public Disclosure Around Confidentially-Marketed Public Offerings
PR Demerjian, Y Ertimur… - Available at SSRN …, 2023 - papers.ssrn.com
Most follow-on equity offerings by small-and mid-sized firms are now conducted using
confidentially-marketed public offerings (CMPOs). CMPOs are accelerated offerings that pair …
confidentially-marketed public offerings (CMPOs). CMPOs are accelerated offerings that pair …