We survey recent research in accounting anomalies and fundamental analysis. We use
forecasting of future earnings and returns as our organizing framework and suggest a …

An extensive body of academic research in accounting develops theory and empirical
evidence on the relation between earnings information and stock returns. This literature …

We examine whether firms use social media to strategically disseminate financial
information. Analyzing S&P 1500 firms' use of Twitter to disseminate quarterly earnings …

We review recent literature on the role of financial reporting transparency in reducing
governance-related agency conflicts among managers, directors, and shareholders, as well …

The basic paradigm of asset pricing is in vibrant flux. The purely rational approach is being
subsumed by a broader approach based upon the psychology of investors. In this approach …

This paper models firms' choices between alternative means of presenting information, and
the effects of different presentations on market prices when investors have limited attention …

Using a database of more than 1.85 million retail investor transactions over 1991–1996, we
show that these trades are systematically correlated—that is, individuals buy (or sell) stocks …

This study investigates the role of the business press in the pricing of accounting
information. Using a comprehensive dataset of more than 111,000 earnings-related …

Those who believe markets are inefficient rarely provide a coherent and refutable alternative
to the Efficiency Markets Hypothesis (EMH). This paper presents the Incomplete Revelation …

We review extensive evidence about how psychological biases affect investor behavior and
prices. Systematic mispricing probably causes substantial resource misallocation. We argue …