Accounting quality and the transmission of monetary policy
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 …
balance sheet channel of monetary policy predicts that the quality of firms' accounting …
Information acquisition and expected returns: Evidence from EDGAR search traffic
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 …
EDGAR system, we show that the abnormal number of IPs searching for firms' financial …
Machine Readership and Financial Reporting Decisions
Abstract Machine learning and AI technologies can identify data patterns related to financial
misreporting that traditional methods overlook. This study investigates whether increasing …
misreporting that traditional methods overlook. This study investigates whether increasing …
Silent Activism
T Kirmse - Available at SSRN 4045637, 2022 - papers.ssrn.com
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 …
filings. However, much of their communication occurs through direct interaction with …
[图书][B] Hedge Funds, Corporate Governance, and Information Acquisition
TK Kirmse - 2023 - search.proquest.com
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 …
into the goals and strategies of investors, firms, and regulators. My dissertation uses a …
The value of lending to bellwether firms by institutional investors
WR Landsman, FD Peña-Romera, J Zhao - Journal of Accounting and …, 2024 - Elsevier
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 …
spreads as compensation for having access to private information that can help identify …
[PDF][PDF] Top-Down vs. Bottom-Up Index Forecasts: Are Equity Strategists Strategically Pessimistic?
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 …
and market returns. Unlike traditional firm-level analysts who focus on individual stocks …
[PDF][PDF] Do Analysts Learn from the News Media? Evidence from a Natural Experiment
S Das, RI Zhong - efmaefm.org
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 …
what they learn, and the extent to which the learning affects their private research. Exploiting …
Informational Foundations for the Macroeconomic Role of Aggregated Accounting Disclosures
G Lind - 2019 - search.proquest.com
I show that accounting reports contain macroeconomic signals that, when aggregated,
inform agents about the economic state. These signals influence agents' economic …
inform agents about the economic state. These signals influence agents' economic …
[PDF][PDF] Standing in the Limelight: Sophisticated Active Attention and Managerial Bad News Hoarding
TAO CHEN, JC QU - 2021 - efmaefm.org
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 …
managerial bad news hoarding. Using EDGAR searching volume, we first find a positive …