This article examines the industry classification schemes used in business research from the
Standard Industrial Classification system and the North American Industry Classification …

Abstract Research Summary This study extends recent findings that inventor CEOs increase
innovative output in large established firms by examining how their involvement in the …

Purpose Surprisingly little is known of the various methods of security analysis used by
financial analysts with industry-specific knowledge. Financial analysts' industry knowledge is …

By using foreign institutional investors' daily trading data on 958 firms in China and COVID-
19 infection data of six countries, this paper aims to investigate how the pandemic has …

We examine twelve industry classifications from three classification systems: SIC (including
Fama French classifications), NAICS and GICS, over the period from 1963 to 2017. The …

We revisit the stock market anomaly documented by Thomas and Zhang (2008) and show
that the apparent mispricing of information transfers has decayed over time, as the US …

This paper utilizes nonfinancial information disclosure to develop a measure of text-based
competition network. Using the data of China's listed firms, the authors adopt the textual …

This paper finds that the level of industry classification plays a significant role in the
performance of industry momentum strategies. From 1963 to 2018, it appears that using …

Industry classification has been rigorously utilized in academic research and business
analytics. The existing classification schemes, however, have been constructed and …

Although industrial classification plays an important role in various contexts, it is rarely
questioned. However, as diversification and business transformation are ongoing, it is …