Zobrazeno 1 - 10
of 28
pro vyhledávání: '"Christo A. Pirinsky"'
Publikováno v:
The Accounting Review. 97:227-247
We analyze whether exposure to an SEC insider trading enforcement action affects how insiders trade. We find that following an insider trading enforcement action at one firm, exposed insiders earn significantly lower abnormal profits from their trade
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c11b9e3aeb05be3425757057c034757f
https://doi.org/10.2308/tar-2020-0003
https://doi.org/10.2308/tar-2020-0003
Publikováno v:
Journal of Corporate Finance. 75:102249
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::171b31ca38a68fe114316fe439aa8695
https://doi.org/10.1016/j.jcorpfin.2022.102249
https://doi.org/10.1016/j.jcorpfin.2022.102249
Publikováno v:
SSRN Electronic Journal.
We study the effect of terrorist attacks on the disclosure policies of local firms. We find that the managers of firms located closer to the epicenters of the attacks are more likely to issue optimistic earnings forecasts relative to the managers of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::33a96e627b6ec2d427e65070e63d9557
https://doi.org/10.2139/ssrn.3513352
https://doi.org/10.2139/ssrn.3513352
Publikováno v:
SSRN Electronic Journal.
We examine the effect of the Efficient Market Hypothesis (EMH) on the investment behavior of mutual fund managers. We show that managers who are more likely to be exposed to the ideas of EMH throughout their higher education are more “passive” th
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::dc93f74f811d837e805bb1bfe44196f9
https://doi.org/10.2139/ssrn.3716401
https://doi.org/10.2139/ssrn.3716401
Publikováno v:
Research Policy. 51:104426
We propose a new measure of the exploratory activities of companies based on the idea that experimentation with new courses of action and the need to describe them entails the adoption of new words in firm regulatory disclosures. Unlike traditional i
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::d73f8256e3d7d1b9c8c20c7a20587197
https://doi.org/10.1016/j.respol.2021.104426
https://doi.org/10.1016/j.respol.2021.104426
Publikováno v:
Journal of Financial and Quantitative Analysis. 54:967-991
We study the link between the individual propensity to violate moral principles and the demand for finance based on two data sets: the World Values Survey and a data set with the legal records of U.S. chief executive officers (CEOs). We find that ind
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8826c9702f3aa34df76bff0e0b9f1127
https://doi.org/10.1017/s0022109018000868
https://doi.org/10.1017/s0022109018000868
Publikováno v:
SSRN Electronic Journal.
Some U.S. firms have women directors and executives, while many do not. We seek to explain this heterogeneity. Using U.S. Census data from 1900, we find that firms in regions with populations originating from countries with more gender-egalitarian be
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::eb6c47d2214cb5df63c11351802e6e43
https://doi.org/10.2139/ssrn.3266169
https://doi.org/10.2139/ssrn.3266169
Autor:
Christo A. Pirinsky, Carrie H. Pan
Publikováno v:
Journal of Financial and Quantitative Analysis. 50:757-779
We utilize the decennial U.S. Census to study social effects in housing consumption across 4 million households from 126 ethnic groups and 2,071 geographic locations in the United States. We find that the homeownership decisions within ethnic groups
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9d75675a66ea0c7c0426478ea3241870
https://doi.org/10.1017/s0022109015000319
https://doi.org/10.1017/s0022109015000319
Autor:
Antonio J. Macias, Christo A. Pirinsky
Publikováno v:
Journal of Corporate Finance. 31:33-53
We find that firms that treat their employees better are less likely to be acquired. The shareholders of employee-friendly targets also receive lower premiums and smaller share of the surplus created by the deal. We also show that bidders tend to imp
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9a3a171c9235f286837cdaba4a160765
https://doi.org/10.1016/j.jcorpfin.2015.01.014
https://doi.org/10.1016/j.jcorpfin.2015.01.014
Autor:
Christo A. Pirinsky, K. Jeremy Ko
Publikováno v:
SSRN Electronic Journal.
We study the implications of social interactions for financial markets in which investors exhibit different degrees of sophistication and can influence each other's beliefs through their interaction. We show that social interactions can either increa
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::14bc8e41d2c292f0ab1694608e3ee424
https://doi.org/10.2139/ssrn.3079846
https://doi.org/10.2139/ssrn.3079846