Disclosure processing costs, investors' information choice, and equity market outcomes: A review
This paper reviews the literature examining how costs of monitoring for, acquiring, and
analyzing firm disclosures–collectively,“disclosure processing costs”–affect investor …
analyzing firm disclosures–collectively,“disclosure processing costs”–affect investor …
Does media coverage deter firms from withholding bad news? Evidence from stock price crash risk
Spurred by the informational and disciplinary roles that the media fulfils, this study provides
initial evidence on how higher media coverage is associated with a lower tendency of firms …
initial evidence on how higher media coverage is associated with a lower tendency of firms …
The impact of information processing costs on firm disclosure choice: Evidence from the XBRL mandate
E Blankespoor - Journal of Accounting Research, 2019 - Wiley Online Library
This paper examines the effect of market participants' information processing costs on firms'
disclosure choice. Using the recent eXtensible Business Reporting Language (XBRL) …
disclosure choice. Using the recent eXtensible Business Reporting Language (XBRL) …
The governance effect of the media's news dissemination role: Evidence from insider trading
L Dai, JT Parwada, B Zhang - Journal of Accounting Research, 2015 - Wiley Online Library
We investigate whether the media plays a role in corporate governance by disseminating
news. Using a comprehensive data set of corporate and insider news coverage for the 2001 …
news. Using a comprehensive data set of corporate and insider news coverage for the 2001 …
Do firms strategically disseminate? Evidence from corporate use of social media
We examine whether firms use social media to strategically disseminate financial
information. Analyzing S&P 1500 firms' use of Twitter to disseminate quarterly earnings …
information. Analyzing S&P 1500 firms' use of Twitter to disseminate quarterly earnings …
Market (in) attention and the strategic scheduling and timing of earnings announcements
We investigate whether managers “hide” bad news by announcing earnings during periods
of low attention, or by providing less forewarning of an upcoming earnings announcement …
of low attention, or by providing less forewarning of an upcoming earnings announcement …
Capital market effects of media synthesis and dissemination: Evidence from robo-journalism
Abstract In 2014, the Associated Press (AP) began using algorithms to write articles about
firms' earnings announcements. These “robo-journalism” articles synthesize information …
firms' earnings announcements. These “robo-journalism” articles synthesize information …
The media and mispricing: The role of the business press in the pricing of accounting information
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 …
information. Using a comprehensive dataset of more than 111,000 earnings-related …
Investor relations and information assimilation
This paper examines whether investor relations (IR) officers provide value by facilitating the
assimilation of firm information by the market. We find that firms with IR officers have lower …
assimilation of firm information by the market. We find that firms with IR officers have lower …
The determinants and consequences of information acquisition via EDGAR
MS Drake, DT Roulstone… - Contemporary …, 2015 - Wiley Online Library
Using a novel data set that tracks all web traffic on the SEC's EDGAR servers from 2008 to
2011, we examine the determinants and capital market consequences of investor …
2011, we examine the determinants and capital market consequences of investor …