This paper reviews the literature examining how costs of monitoring for, acquiring, and
analyzing firm disclosures–collectively,“disclosure processing costs”–affect investor …

Social network analysis (SNA) examines whether interactions between individuals, teams,
and organizations result in network structures and patterns that can explain important …

This study examines the effect of ESG rating disagreement on analysts' earning forecast
using a sample consisting of ESG ratings of Chinese A-share listed companies from 2015 to …

We examine changes in the scope of the sell‐side analyst industry and whether these
changes impact information dissemination and the quality of analysts' reports. Our findings …

We document that the likelihood of an analyst following a supplier–customer firm pair
increases with the strength of the economic ties along the supply chain, as measured by the …

A long-standing literature documents intra-industry capital market co-movements around
earnings releases, yet the dynamics of these information transfers remain largely …

This paper studies how peer performance affects firms' earnings management decisions.
Using peer firms' idiosyncratic returns as an exogenous peer performance measure and the …

This study examines whether sell-side equity analysts engage in “social learning” in which
their earnings forecasts for certain firms are influenced by the forecasts and outcomes of …

Prior research suggests that (1) politically active firms have an information advantage over
firms that do not engage in the political process but also that (2) politically active firms are …

This paper studies the role of shared analysts, who cover the target and the acquirer, in
mergers and acquisitions outcomes. We find that deals where both firms are connected …