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Browsing Dissertations and Theses by Subject "Accounting"
Now showing items 1-20 of 28
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A LONGITUDINAL STUDY OF SPECIAL PURPOSE LOCAL OPTION SALES TAXES AND SOCIAL INDICATORS OF CRIME ACROSS WASHINGTON COUNTIES
The 19th century witnessed an unprecedented urbanization trend that increased the density and synergy of communal networks, social behaviors, and interjurisdictional legislative policies, thereby deeply reshaping social ... -
Audit Committee Expertise: An Examination of the Post-SOX Era
I examine whether accounting experts on the audit committee outperform other financial experts in monitoring financial reporting in the post-SOX era. SOX changed both the audit committee composition and financial reporting ... -
Can “I” and “We” in Accounting Disclosures Influence Investors’ Perceptions of Manager Credibility and Investment Decisions?
I contribute to a growing literature on the role of managers’ language choices in financial reporting by studying whether managers’ pronouns influence investor judgments and decisions. I study the impact of managers’ use ... -
Corporate Social Media: How Two-Way Disclosure Channels Influence Investors
I examine how a firm’s engagement with individuals on social media affects the firm’s reputation and its attractiveness as an investment. I focus on a case in which a Twitter user criticizes an application of managerial ... -
Do two Libor reforms reduce the effect of incentives on submitted rates?
Libor is a set of survey-based reference interest rates for an estimated $350 trillion in financial instruments. In 2013, administrators adopted several reforms designed to improve Libor. Two key reforms were (1) eliminate ... -
The Effect of Passive Investment on a Firm’s Information Environment
Passive investment strategies (i.e., indexing) have grown substantially over the past twenty years to over $3 trillion in assets, but there is little empirical evidence on the effect of indexers on a firm’s information ... -
Examining the Effects of Varying Levels of Similar or Dissimilar Detail on Investors' Risk Perceptions and Investment Decisions
I use an experiment to examine how varying levels of similar or dissimilar detail between risk oversight disclosures influences nonprofessional investors' judgments and decisions. Investors evaluate the risk oversight ... -
Fair Play: Play and Community in Inclusive Settings, Considered Through the Philosophies of John Dewey and Jean-Jacques Rousseau
An inclusive education setting is one in which students with and without disabilities are able to learn and play in the same educational setting. Inclusion does not happen simply by placing students of varying ability ... -
The Financial Crisis and Credibility of Corporate Credit Ratings
(2013-07-25)Credit ratings on certain structured finance products significantly underestimated default risk prior to the recent financial crisis. Rating agency executives acknowledge that these failures damaged the agencies' credibility ... -
Heterogenous Earnings Growth Paths and the Risk Resolution Role of Earnings: An Examination of the Earnings Announcement Risk Premium
I establish a link between the heterogeneity in firms’ expected earnings growth paths and theearnings announcement risk premium. My evidence suggests that variation in the expected timing of earnings growth conveys ex-ante ... -
How Does a Firm’s Rumor Response Practice Affect Investors’ Reactions to Rumors?
Despite the unverified nature of rumors, prior research suggests that investors’ judgments and financial market outcomes often reflect an overreaction to rumors. I use an experiment to examine how a firm’s rumor response ... -
How Does Managers' Humor Influence Investor Judgments?
Managers use humor when communicating with market participants, and research finds that successfully using humor can provide several benefits for managers. However, theory suggests that these benefits could give rise to ... -
How Shareholder Accusations of Managerial Misconduct Affect Sell-side Analysts
(2012-09-13)In this paper, I examine how the firm's information environment changes after an accusation of managerial misconduct associated with management disclosure. Filing a security class action lawsuit under SEC Rule 10(b)-5 is ... -
Implications of Disclosing Order Backlog
Features of the requirement to disclose order backlog raise questions about the usefulness of these disclosures in practice. Despite these concerns, I provide evidence that disclosing the dollar amount of order backlog in ... -
Income Shifting Incentives and Offshored U.S. Jobs
This study uses a small, but detailed sample of offshored U.S. jobs from a program within the Department of Labor called Trade Adjustment Assistance (TAA) to examine the association between international income shifting ... -
Institutional Investor Coordination and Firms’ Information Environments
This study examines the impact of institutional investor coordination on firms’ capital market outcomes. I proxy for investor coordination by constructing networks of institutional investors who share common investments. ... -
Intangible Asset Valuation: The Impact of Scalability and Economic Dependence
I examine two sources of heterogeneity in the valuation of intangible assets: scalability and economic dependence. Scalability positively impacts the value of a firm’s option to extend the use of existing intangible assets. ... -
Investor Relations and Firm Disclosures: Evidence from Quarterly Earnings Conference Calls
This paper examines the effect of investor relations (IR) on a firm’s quarterly earnings conference call. IR is defined as a “strategic management responsibility” in charge of establishing a two-way communication between ... -
Investors’ Reactions to Revision Restatements: An Examination of Investment Position and Quantitative Reconciliation
Revision restatements are a growing phenomenon in which firms correct errors related to prior financials. Revision restatements are permitted only when firms consider the errors individually immaterial for the periods in ... -
Is the risk of product market predation a cost of disclosure?
Competitors engage in product market predation when they lower prices or increase expenditures on non-price competition with the goal of forcing a rival to exit. This study provides evidence consistent with the hypothesis ...