This paper reviews the literature examining how costs of monitoring for, acquiring, and
analyzing firm disclosures–collectively,“disclosure processing costs”–affect investor …

We investigate the impact of enterprise digital transformation on the breadth of ownership
and stock price volatility. Our findings demonstrate that enterprise digital transformation has …

Background: The use of advanced algorithmic techniques is increasingly changing the
nature of work for highly trained professionals. In the media industry, one of the technical …

This study empirically investigates two effects of alternative data availability: stock price
informativeness and its disciplining effect on managers' actions. Recent computing …

This paper examines the effect of market participants' information processing costs on firms'
disclosure choice. Using the recent eXtensible Business Reporting Language (XBRL) …

Using an hourly data set on retail investor individual security positions from Robinhood
Markets, we find no evidence that environmental, social, and governance (ESG) disclosures …

We investigate the frictions that impede individual investors' use of accounting information
and, in particular, their costs of monitoring and acquiring accounting disclosures. We do so …

The data explosion of the last few years from social media and 'big'data, along with the
impact of disruptive technologies, like blockchain and machine learning, have changed the …

We investigate whether increased investor demand for financial information arising from
higher market uncertainty leads to greater media coverage of earnings announcements. We …

This paper estimates the effect of news positioning on the speed of price discovery, using
exogenous variation in prominent (“front‐page”) positioning of news articles on the …