Now showing items 1-20 of 853

    • Accountability of independent directors: Evidence from firms subject to securities litigation 

      Brochet, Francois; Srinivasan, Suraj (Elsevier, 2014)
      We examine which independent directors are held accountable when investors sue firms for financial- and disclosure-related fraud. Investors can name independent directors as defendants in lawsuits, and they can vote against ...
    • Accounting Data, Market Values, and the Cross Section of Expected Returns Worldwide 

      Chattopadhyay, Akash; Lyle, Matthew R.; Wang, Changyi Chang-Yi (2015-06-08)
      Under fairly general assumptions, expected stock returns are a linear combination of two accounting fundamentals―book to market and ROE. Empirical estimates based on this relation predict the cross section of out-of-sample ...
    • Accounting for Crises 

      Nagar, Venky; Yu, Gwen Gwen (American Economic Association, 2014)
      We provide among the first empirical evidence consistent with recent macro global-game crisis models, which show that the precision of public signals can coordinate crises (e.g., Angeletos and Werning, 2006; Morris and ...
    • The Accounting Rookie Job Market: A Practitioner’s Guide 

      Rouen, Ethan Casey (2017-07-20)
      This paper offers guidance and shares collective wisdom for accounting Ph.D. students who will be entering the academic job market. It is divided into two sections. The first offers subjective advice on the dissertation ...
    • Accounting Standards and International Portfolio Holdings 

      Yu, Gwen Gwen; Wahid, Aida Sijamic (American Accounting Association, 2014)
      Do differences in countries' accounting standards affect global investment decisions? We explore this question by examining how accounting distance, the difference in the accounting standards used in the investor's and the ...
    • Activist Directors: Determinants and Consequences 

      Gow, Ian D; Shin, Sa-Pyung; Srinivasan, Suraj (2014-12-09)
      This paper examines the determinants and consequences of hedge fund activism with a focus on activist directors, i.e., those directors appointed in response to demands by activists. Using a sample of 1,969 activism events ...
    • Adding Bricks to Clicks: On the Role of Physical Stores in a World of Online Shopping 

      Avery, Jill Janice; Steenburgh, Thomas; Deighton, John Anthony; Caravella, Mary (DeGruyter, 2013)
      Buying a product has never been easier. Consumers can shop online, over the phone or via mail order, from home or on the go, and if they want to experience touch and feel, they can also visit a “real” store. Often, one and ...
    • Adding Bricks to Clicks: Predicting the Patterns of Cross-Channel Elasticities over Time 

      Avery, Jill Janice; Steenburgh, Thomas J.; Deighton, John Anthony; Caravella, Mary (2012)
      The authors propose a conceptual framework to explain whether and when the introduction of a new retail store channel helps or hurts sales in existing direct channels. A conceptual framework separates short- and long-term ...
    • Advancing Digital Health Applications: Priorities for Innovation in Real-World Evidence Generation 

      Stern, Ariel; Brönneke, Jan; Debatin, Jörg F; Hagen, Julia; Matthies, Henrik; Patel, Smit; Clay, Ieuan; Eskofier, Bjoern; Herr, Annika; Hoeller, Kurt; Jaksa, Ashley; Kramer, Daniel B; Kyhlstedt, Mattias; Lofgren, Katherine T; Mahendraratnam, Nirosha; Muehlan, Holger; Reif, Simon; Riedemann, Lars; Goldsack, Jennifer C (Elsevier BV, 2022-03)
      In 2019, Germany passed the Digital Healthcare Act, which, among other things, created a “Fast-Track” regulatory and reimbursement pathway for digital health applications in the German market. The pathway explicitly provides ...
    • Agency Costs, Mispricing, and Ownership Structure 

      Chernenko, Sergey; Foley, C. Fritz; Greenwood, Robin Marc (Wiley Online, 2012)
      Standard theories of corporate ownership assume that because markets are efficient, insiders ultimately bear all agency costs that they create and therefore have a strong incentive to minimize conflicts of interest with ...
    • Agenda Setting at the FASB: Evidence from the Role of the FASAC 

      Allen, Abigail Mcintosh (2014-12-08)
      I examine the extent to which the FASB’s agenda determination is a function of the contemporaneous preferences of its primary constituents: auditors, preparers, and financial statement users. Using the FASB’s consultation ...
    • Agent-based Modeling: A Guide for Social Psychologists 

      Jackson, Joshua Conrad; Rand, David; Lewis, Kevin; Norton, Michael Irwin; Gray, Kurt (SAGE Publications, 2017-02-03)
      Agent-based modeling is a longstanding but underused method that allows researchers to simulate artificial worlds for hypothesis testing and theory building. Agent-based models (ABMs) offer unprecedented control and ...
    • Agglomeration and Innovation 

      Carlino, Gerald; Kerr, William Robert (2014-11-07)
      This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the conceptual distinctions between invention and innovation. We then describe how these factors are frequently ...
    • Agglomerative Forces and Cluster Shapes 

      Kerr, William Robert; Kominers, Scott Duke (Massachusetts Institute of Technology Press (MIT Press), 2014-10-28)
      We model spatial clusters of similar firms. Our model highlights how agglomerative forces lead to localized, individual connections among firms, while interaction costs generate a defined distance over which attraction ...
    • Aggregation of consumer ratings: an application to Yelp.com 

      Dai, Weijia; Jin, Ginger; Lee, Jungmin; Luca, Michael (Springer Nature, 2018-09)
      Because consumer reviews leverage the wisdom of the crowd, the way in which they are aggregated is a central decision faced by platforms. We explore this "rating aggregation problem" and offer a structural approach to ...
    • The Air War versus The Ground Game: An Analysis of Multi-Channel Marketing in U.S. Presidential Elections 

      Chung, Doug Jin; Lingling, Zhang (2014-11-06)
      Firms increasingly use both mass-media advertising and targeted personal selling to successfully promote products and brands in the marketplace. In this study, we jointly examine the effect of mass-media advertising and ...
    • Algorithm-Augmented Work and Domain Experience: The Countervailing Forces of Ability and Aversion 

      Allen, Ryan; Choudhury, Prithwiraj (Institute for Operations Research and the Management Sciences (INFORMS), 2022-01)
      Past research offers mixed perspectives on whether domain experience helps or hurts algorithm-augmented worker performance. Reconciling these perspectives, we theorize that intermediate levels of domain experience are ...
    • Alternative Paths of Green Entrepreneurship: The Environmental Legacies of the North Face’s Doug Tompkins and Patagonia’s Yvon Chouinard 

      Jones, Geoffrey G.; Gettinger, Ben (2017-03-23)
      This working paper examines the impact of two entrepreneurs who offered alternative paths to reach their shared goal of a more sustainable world. Yvon Chouinard and Doug Tompkins were respective founders of the prominent ...
    • Americans Do IT Better: US Multinationals and the Productivity Miracle 

      Bloom, Nicholas; Sadun, Raffaella; Van Reenen, John (American Economic Association, 2012)
      US productivity growth accelerated after 1995 (unlike Europe's), particularly in sectors that intensively use information technologies (IT). Using two new micro panel datasets we show that US multinationals operating in ...