Browsing HBS Scholarly Articles by Keyword "markets"
Now showing items 1-5 of 5
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Consequences of Financial Reporting Failure for Outside Directors: Evidence from Accounting Restatements and Audit Committee Members
(2005)I use a sample of 409 companies that restated their earnings from 1997 to 2001 to examine penalties for outside directors, particularly audit committee members, when their companies experience accounting restatements. ... -
Disclosure Practices of Foreign Companies Interacting with U.S. Markets
(2004)We analyze the disclosure practices of companies as a function of their interaction with the U.S. markets for a group of 794 firms from 24 countries in Asia-Pacific and Europe. Our analysis uses the Transparency and ... -
Global, Local, and Contagious Investor Sentiment
(Elsevier, 2015-06-16)We construct investor sentiment indices for six major stock markets and decompose them into one global and six local indices. In a validation test, we find that relative sentiment is correlated with the relative prices of ... -
Narrow Networks On The Health Insurance Marketplaces: Prevalence, Pricing, And The Cost Of Network Breadth
(Health Affairs (Project Hope), 2017-09)Anecdotal reports and systematic research highlight the prevalence of narrow-network plans on the Affordable Care Act’s health insurance Marketplaces. At the same time, Marketplace premiums in the period 2014–2016 were ... -
Securitization without Adverse Selection: The Case of CLOs
(Elsevier, 2013-11-25)In this paper, we investigate whether securitization was associated with risky lending in the corporate loan market by examining the performance of individual loans held by CLOs. We employ two different datasets that ...