The financial reporting environment: Review of the recent literature
The corporate information environment develops endogenously as a consequence of
information asymmetries and agency problems between investors, entrepreneurs, and …
information asymmetries and agency problems between investors, entrepreneurs, and …
Quality disclosure and certification: Theory and practice
This essay reviews the theoretical and empirical literature on quality disclosure and
certification. After comparing quality disclosure with other quality assurance mechanisms …
certification. After comparing quality disclosure with other quality assurance mechanisms …
Stock price reactions to ESG news: The role of ESG ratings and disagreement
G Serafeim, A Yoon - Review of accounting studies, 2023 - Springer
We investigate whether environmental, social, and governance (ESG) ratings predict future
ESG news and the associated market reactions. We find that the consensus rating predicts …
ESG news and the associated market reactions. We find that the consensus rating predicts …
[BOOK][B] The Black Swan:: The Impact of the Highly Improbable: With a new section:" On Robustness and Fragility"
NN Taleb - 2010 - books.google.com
The most influential book of the past seventy-five years: a groundbreaking exploration of
everything we know about what we don't know, now with a new section called “On …
everything we know about what we don't know, now with a new section called “On …
The dark side of analyst coverage: The case of innovation
We examine the effects of financial analysts on the real economy in the case of innovation.
Our baseline results show that firms covered by a larger number of analysts generate fewer …
Our baseline results show that firms covered by a larger number of analysts generate fewer …
Who blows the whistle on corporate fraud?
To identify the most effective mechanisms for detecting corporate fraud, we study all reported
fraud cases in large US companies between 1996 and 2004. We find that fraud detection …
fraud cases in large US companies between 1996 and 2004. We find that fraud detection …
Analyst coverage and earnings management
FF Yu - Journal of financial economics, 2008 - Elsevier
What is the role of information intermediaries in corporate governance? This paper
examines equity analysts' influence on managers' earnings management decisions. Do …
examines equity analysts' influence on managers' earnings management decisions. Do …
Corporate governance and control
Corporate governance is concerned with the resolution of collective action problems among
dispersed investors and the reconciliation of conflicts of interest between various corporate …
dispersed investors and the reconciliation of conflicts of interest between various corporate …
The effect of annual report readability on analyst following and the properties of their earnings forecasts
This study examines the effect of the readability of firms' written communication on the
behavior of sell-side financial analysts. Using a measure of the readability of corporate 10-K …
behavior of sell-side financial analysts. Using a measure of the readability of corporate 10-K …