Zobrazeno 1 - 10
of 13
pro vyhledávání: '"Zeqiong Huang"'
Publikováno v:
Journal of Financial Economics. 146:475-501
One of the most widely discussed issues in banking regulation and research is transparency. Yet, whether depositors – banks’ most important claimholders – are affected by transparency, is an empirical open question. Analyzing US commercial bank
Publikováno v:
Management Science. 67:5194-5208
We examine the effects of asymmetric timeliness in reporting good versus bad news on price informativeness when prices provide useful information to assist firms’ investment decisions. We find that a reporting system featuring more timely disclosur
Publikováno v:
2022 IEEE International Conference on Advances in Electrical Engineering and Computer Applications (AEECA).
Publikováno v:
Working paper (Federal Reserve Bank of Philadelphia).
Publikováno v:
SSRN Electronic Journal.
ASU 2016-01 requires that public companies' net incomes recognize changes in unrealized gains and losses from investments in equity securities. This paper studies the rule’s effects on stock prices and firms’ capital allocation decisions. We buil
We provide the first large-scale evidence that liquidity transformation by banks creates fragility, as uninsured depositors face an incentive to withdraw money before others (a so-called panic run). Such fragility manifests itself in stronger sensiti
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::fb395399069ad76a8de5c524c29faaf2
https://doi.org/10.3386/w27815
https://doi.org/10.3386/w27815
Publikováno v:
SSRN Electronic Journal.
Uniformity, the use of a common accounting measurement, is an essential feature of financial reporting, yet its desirability has long been debated. We study a model in which firms decide whether to adopt either their local accounting methods or a com
Publikováno v:
NBER Working Papers; 9/14/2020, Preceding p1-58, 59p
Publikováno v:
SSRN Electronic Journal.
We examine the effects of asymmetric disclosure of good and bad news on price We examine the effects of asymmetric disclosure of good vs. bad news on price informativeness when prices provide useful information to assist firms’ investment decisions
Publikováno v:
Journal of Accounting Research. 52:635-669
This paper analyzes the effects of public information in a perfect competition trading model populated by asymmetrically informed short-horizon investors with different levels of private information precision. We first show that information asymmetry