Purpose This study aims to contribute to the emerging debate about materiality with novel
insights about the signaling effects related to the disclosure of environmental, social and …

We find firms' work-related injury rates are negatively associated with the level of analyst
coverage. This result is also robust at the establishment level at which we find local analysts …

We offer a novel perspective on the role of sell‐side analysts as information intermediaries
in capital markets by documenting a flow of information in a new direction, namely, from …

Purpose The purpose of this study is to investigate the interplay between institutional
investors' ownership (IIO), politically connected firms (POC) and sell-side analysts' stock …

This study constructs a novel measure that aims to capture face-to-face private
communications between firm managers and sell-side analysts by mapping detailed, large …

Following an exogenous regulation change in China, we examine the impact of company
visit disclosures on the fairness of market information acquisition. Before July 2012 …

The Securities and Exchange Commission (SEC) has a long-standing policy to keep formal
investigations confidential. In this study, we examine the extent to which compliance with the …

We argue that contracting with the federal government involves significant proprietary
information cost due to regulations requiring contractors to provide proprietary information …

This study examines the impact of language barriers on financial analysts' decisions to
perform corporate site visits and the extent to which corporate site visits help analysts …

This paper uses the difference-in-difference (DID) method to test the impact of government
audits on analysts' forecast accuracy. The empirical results show that after government audit …