The real effects of modern information technologies: Evidence from the EDGAR implementation

I Goldstein, S Yang, L Zuo - Journal of Accounting Research, 2023 - Wiley Online Library
Using the implementation of the Electronic Data Gathering, Analysis, and Retrieval (EDGAR)
system from 1993 to 1996 as a shock to information dissemination technologies, we …

The Learning Hypothesis revisited: A discussion of Sani, Shroff and White (2023)

E Gelsomin, A Hutton - Journal of Accounting and Economics, 2023 - Elsevier
Abstract While Sani, Shroff and White (2023) examine a plausibly exogenous shock to the
information acquisition landscape that arguably changes informed traders' incentives to …

Product market bonding and cross-listings: Evidence from global competition law reforms

A Tsang, KT Wang, NZ Zhu - Journal of International Business Studies, 2024 - Springer
We propose and empirically test a product market motive for cross-listing, positing that
intensified competition in domestic markets incentivizes firms to cross-list their securities as …

The effect of tick size on managerial learning from stock prices

M Ye, MY Zheng, W Zhu - Journal of Accounting and Economics, 2023 - Elsevier
We investigate the effect of tick size, a key feature of market microstructure, on managerial
learning from stock prices. Using a randomized controlled tick-size experiment, the 2016 …

Do firms listen to the ESG voices of minority investors? evidence from China

R Luo, Y Ye - International Review of Financial Analysis, 2024 - Elsevier
This study examines whether and how the expression of ESG (Environmental, Social, and
Governance) concerns by minority investors in their communication with firms affects firms' …

Virtual shareholder meetings

F Brochet, R Chychyla, F Ferri - Management Science, 2024 - pubsonline.informs.org
We examine determinants and consequences of virtual shareholder meetings (VSMs) using
a sample of voluntary (precoronavirus disease 2019) and forced (ie, because of coronavirus …

The dark side of investor conferences: Evidence of managerial opportunism

BJ Bushee, DJ Taylor, C Zhu - The Accounting Review, 2023 - publications.aaahq.org
Although the shareholder benefits of investor conferences are well-documented, evidence
on whether these conferences facilitate managerial opportunism is scarce. We examine …

The ripple effect of environmental shareholder activism and corporate green innovation: Evidence from Chinese listed companies

Y Sun, YY Wen, S Jiang, H Zhang - International Review of Financial …, 2024 - Elsevier
This study examines the effect of environmental shareholder activism on corporate green
innovation and the underlying mechanism. Our results show that environmental shareholder …

Overlapping ownership along the supply chain

KM Freeman - Journal of Financial and Quantitative Analysis, 2023 - cambridge.org
I find overlapping institutional ownership (OIO) in a customer and supplier increases the
duration of their supply chain relationship. Results are stronger when vertical holdup is more …

The Information Role of Investors' Site Visits in Management Forecasts

H Guo, S Tang, Z Wei - Emerging Markets Finance and Trade, 2024 - Taylor & Francis
Prior research mainly focuses on how investors acquire private information through
corporate site visits. Rarely evidence shows whether firms can obtain external information …