Zobrazeno 1 - 10
of 44
pro vyhledávání: '"Charles E. Wasley"'
Publikováno v:
The Accounting Review. 98:229-255
There is limited evidence about when, why, and which individuals incur costs to acquire nonpublic information about a firm, largely due to the difficulty of observing private information acquisition. To overcome this difficulty, we obtain data on Fre
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7a81f84360fb131cc7f5d30f2c06b4df
https://doi.org/10.2308/tar-2021-0146
https://doi.org/10.2308/tar-2021-0146
Publikováno v:
Review of Accounting Studies. 25:1410-1443
We develop and test explanations for sources of intertemporal variation in the information content of aggregate earnings and how that variation explains variation in the relation between aggregate earnings growth and market returns over time. We find
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2a4102425536af40e68827d1eced2c55
https://doi.org/10.1007/s11142-020-09538-9
https://doi.org/10.1007/s11142-020-09538-9
Publikováno v:
Contemporary Accounting Research. 37:1172-1198
To test hypotheses about earnings management, many studies investigate managers' manipulation of real activities (real earnings management, REM). Tests using measures of abnormal REM hinge critically on the measurement of normal real activities. Yet,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b23324f147ad66fae6fb23d3ec551734
https://doi.org/10.1111/1911-3846.12553
https://doi.org/10.1111/1911-3846.12553
Autor:
Charles E. Wasley, S.P. Kothari
Publikováno v:
SSRN
© University of Chicago on behalf of the Accounting Research Center, 2019 We commemorate the 50th anniversary of Ball and Brown [1968] by chronicling its impact on capital market research in accounting. We trace the evolution of various research pat
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e2dd55135169fde53a877604397af6fb
https://doi.org/10.1111/1475-679x.12287
https://doi.org/10.1111/1475-679x.12287
Publikováno v:
SSRN Electronic Journal.
There is limited empirical evidence about when and why individuals incur costs to acquire information about a firm that is not publicly available, which we refer to as private information acquisition. This lack of evidence is due in large part to the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::455d63890c46c83f9369d42ecda6a6f5
https://doi.org/10.2139/ssrn.3554850
https://doi.org/10.2139/ssrn.3554850
Autor:
Charles E. Wasley, S.P. Kothari
Publikováno v:
SSRN Electronic Journal.
We commemorate the 50th anniversary of Ball and Brown [1968] by chronicling its impact on capital market research in accounting. We trace the evolution of various research paths that post-Ball and Brown [1968] researchers took as they sought to build
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::85f2510c011144e4846e4809982b0043
https://doi.org/10.2139/ssrn.3417149
https://doi.org/10.2139/ssrn.3417149
Publikováno v:
Journal of Law, Finance, and Accounting. 1:187-233
Prior research generally argues that managers issue management earnings forecasts (MFs) to secure capital market benefits (that is, to reduce information asymmetry between managers and investors to lower a firmâs cost of capital), to reduce the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::20a2d69ce0b03ffb521036a3f7505412
https://doi.org/10.1561/108.00000001
https://doi.org/10.1561/108.00000001
Publikováno v:
The Accounting Review. 94:337-364
Accounting studies often encounter observations with extreme values that can influence coefficient estimates and inferences. Two widely used approaches to address influential observations in accounting studies are winsorization and truncation. While
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5072a968d317bdb9ca46fa8bebb8a626
https://doi.org/10.2308/accr-52396
https://doi.org/10.2308/accr-52396
Publikováno v:
SSRN Electronic Journal.
We draw on Merton (1987) to develop predictions for the benefits of voluntary disclosures made by firms pursuing an initial public offering (IPO) prior to providing regulated financial information via an IPO prospectus. For our sample of IPOs, we fin
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e7faf9ba14f75a94be327567c2e6406b
https://doi.org/10.2139/ssrn.3213482
https://doi.org/10.2139/ssrn.3213482
Publikováno v:
SSRN Electronic Journal.
This study examines whether aggregated daily firm-level earnings announcement information induces market-wide volatility after controlling for numerous competing sources of regularly-released macroeconomic information. Using an exponential GARCH mode
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ae8372f89643c9dce0340df6173e96ba
https://doi.org/10.2139/ssrn.3219384
https://doi.org/10.2139/ssrn.3219384