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

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 …

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

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 …

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 investigate whether managers “hide” bad news by announcing earnings during periods
of low attention, or by providing less forewarning of an upcoming earnings announcement …

Abstract In 2014, the Associated Press (AP) began using algorithms to write articles about
firms' earnings announcements. These “robo-journalism” articles synthesize 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 …

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 …

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 …