Accounting Publications
- We provide initial evidence that stock exchange procedures around closing auctions advantage speed traders at the expense of auction participants. We show that, on Nasdaq and NYSE Arca, 4:00 pm earnings releases result in informed trading in the
- While accounting research has extensively examined initial guidance disclosures, the disclosures that managers make when initial forecasts become materially inaccurate have received much less attention. These updates are unique because managers are
- We find that corporate credit rating changes have an effect on firms' voluntary disclosure behavior that is independent of the information they convey about firm fundamentals. Our analyses exploit two separate quasi-experimental settings that
- For many accounting research questions, empirical researchers cannot randomly assign observations to treatment conditions or identify a quasi-experimental setting. In these cases, entropy balancing (Hainmueller 2012) is an increasingly popular
- Pawliczek, Andrea; Skinner, A. Nicole; Wellman, Laura A. A new take on voice: the influence of BlackRock's 'Dear CEO' letters. Review of Accounting Studies. Sep2021, Vol. 26 Issue 3, p1088-1136. We examine whether broad-based
- Stephan, Andrew P.; Walther, Beverly R.; Wellman, Laura A. Profiting from connections: Do politicians receive stock tips from brokerage houses? Journal of Accounting & Economics. Aug2021, Vol. 72 Issue 1, pN.PAG-N.PAG.
- Laurion, H. (2020). Implications of non-GAAP earnings for real activities and accounting choices. Journal of Accounting & Economics, 70(1), 101333. https://doi.org/10.1016/j.jacceco.2020.101333
- Arif, S., Marshall, N. T., Schroeder, J. H., & Yohn, T. L. (2019).
- Omer, Thomas C. and Shelley, Marjorie and Tice, Frances M., (2018)