We examine how firms' accounting quality affects their reaction to monetary policy. The
balance sheet channel of monetary policy predicts that the quality of firms' accounting …

Using a novel dataset containing investors' access of company filings through the SEC's
EDGAR system, we show that the abnormal number of IPs searching for firms' financial …

Abstract Machine learning and AI technologies can identify data patterns related to financial
misreporting that traditional methods overlook. This study investigates whether increasing …

A portion of hedge funds' engagement can be observed through their votes and regulatory
filings. However, much of their communication occurs through direct interaction with …

Observing information acquisition by various market participants can yield valuable insights
into the goals and strategies of investors, firms, and regulators. My dissertation uses a …

We predict that institutional investors in loan syndicates charge bellwether firms lower loan
spreads as compensation for having access to private information that can help identify …

This study examines the distinct role of equity strategists in forecasting aggregate earnings
and market returns. Unlike traditional firm-level analysts who focus on individual stocks …

This study examines whether analysts learn from local media about covered firms, and if so,
what they learn, and the extent to which the learning affects their private research. Exploiting …

I show that accounting reports contain macroeconomic signals that, when aggregated,
inform agents about the economic state. These signals influence agents' economic …

This paper examines the effect of active attention from sophisticated market participants on
managerial bad news hoarding. Using EDGAR searching volume, we first find a positive …