Zobrazeno 1 - 10
of 21
pro vyhledávání: '"Edward Xuejun Li"'
Publikováno v:
The Accounting Review. :1-27
This study provides the first empirical evidence that the Federal Reserve (the Fed) systematically retrieves micro-level accounting reports to aid its understanding of the state of the macroeconomy. Using unique data identifying its direct access of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::abf3545ec0dc2a75d0aa104590acacd3
https://doi.org/10.2308/tar-2022-0105
https://doi.org/10.2308/tar-2022-0105
Publikováno v:
Management Science. 67:5145-5162
Although researchers often view earnings management as being widespread, measuring the cost and level of earnings management is a nontrivial task. We derive a measure of earnings management cost and the associated equilibrium level of earnings manage
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8a5e3b330b78530f453b45f357c8b306
https://doi.org/10.1287/mnsc.2020.3717
https://doi.org/10.1287/mnsc.2020.3717
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b0d7cfa447ac85a16a9f339627f12da2
https://doi.org/10.2139/ssrn.4266130
https://doi.org/10.2139/ssrn.4266130
Publikováno v:
Journal of Accounting and Economics. 71:101355
This study examines changes in SEC enforcement and firm cooperation after the SEC introduced its new cooperation program in 2010. While previous research shows that the SEC penalized cooperative firms prior to 2010, our results suggest that after tha
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::83ad57197f7cb39123151096f2e0481e
https://doi.org/10.1016/j.jacceco.2020.101355
https://doi.org/10.1016/j.jacceco.2020.101355
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:
SSRN Electronic Journal.
We derive a measure of earnings management cost and the associated equilibrium level of earnings management from the cross-sectional properties of earnings and prices. This approach enables us to separate economic shocks from reporting discretion by
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f7303566427f41bc2c86924289242875
https://doi.org/10.2139/ssrn.3153047
https://doi.org/10.2139/ssrn.3153047
Publikováno v:
SSRN Electronic Journal.
This paper examines the interplay between the SEC and misconduct firms under the modified leniency program of 2010. In contrast to prior research that finds the SEC penalizes cooperative violators prior to 2010, we show that the Commission now reward
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a4ff65e00b799a7d8373182b5082b86b
https://doi.org/10.2139/ssrn.3159112
https://doi.org/10.2139/ssrn.3159112
Publikováno v:
SSRN Electronic Journal.
Prior research on strategic corporate disclosure in good times versus bad often produces divergent inferences when focusing on selected channels and different disclosure windows. In this paper, we instead study a comprehensive set of corporate disclo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7fdd0b2e7d7b238bec4c0e100aa91383
https://doi.org/10.2139/ssrn.3394544
https://doi.org/10.2139/ssrn.3394544
Publikováno v:
Journal of Accounting Research. 53:821-861
Analysts often update their recommendations following corporate news. Questions have been raised regarding analysts’ ability to generate new information beyond recent corporate events. Employing a comprehensive database on corporate news, we show t
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d520892084053a55ac7d678b8ea9948f
https://doi.org/10.1111/1475-679x.12083
https://doi.org/10.1111/1475-679x.12083
Publikováno v:
The Accounting Review. 90:2235-2266
This study examines the unintended effects of a pre-Reg FD practice that gave a broad group of sophisticated market participants 15-minute earlier access to all corporate press releases than the general public. We find that roughly one-eighth of the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::10b71037891c92aadab636b579093d96
https://doi.org/10.2308/accr-51139
https://doi.org/10.2308/accr-51139