An important debate exists around the extent to which retail investors make sustainable
investments and, if they do, why. We contribute to this debate by investigating the aggregate …

Focusing on the global financial crisis period, this paper examines risk disclosure patterns
and outcomes in a cross‐country setting. We build on prior risk disclosure literature and …

We analyze the standard error bias associated with the use of generated regressors—
independent variables generated from first‐step regressions—in accounting research …

The impact of earnings announcements (EAs) on investor uncertainty depends not only on
how much new information they contain but also on how long it would take comparable …

This monograph provides a thorough review of earnings quality issues and analysis. Its
primary objectives are to help gain a deep understanding of earnings quality and facilitate …

We hand-collect and process mandatory risk disclosures from the annual reports of firms that
are cross-listed in both the Chinese and Hong Kong stock markets from 2009 to 2015. We …

This paper examines how changes in risk disclosures affect uncertainty about risk. We
measure changes in risk disclosures using the addition and removal of individual risk factors …

This monograph reports on developing research that assesses the risk of equity investing
from financial statements. The relevant information is conveyed by accounting numbers …

When valuing a firm, investors must assess not only its expected future cash flows but also
the systematic risk inherent in these cash flows. In this paper, we model the process by …

This paper studies how public information regarding a firm's riskiness affects investors'
incentives to acquire information about the firm and the firm's ability to learn decision-useful …