Browsing HBS Scholarly Articles by Author "Yu, Gwen Gwen"

Now showing items 1-8 of 8

    • 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 ...

    • 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 ...

    • Causes and consequences of linguistic complexity in non-U.S. firm conference calls 

      Brochet, Francois; Naranjo, Patricia; Yu, Gwen (2012-10-10)
      We examine the determinants and capital market consequences of linguistic complexity in conference calls held in English by non-U.S. firms. We find that linguistic complexity is positively associated with the language ...

    • FIN around the world: the contribution of financing activity to profitability 

      Lundholm, Russell; Serafeim, Georgios; Yu, Gwen (2012-09-10)
      We study how the availability of domestic credit influences the contribution that financing activities make to a firm’s return on equity (ROE). Using a sample of 51,866 firms from 69 countries, we find that financing ...

    • Information Environment and the Investment Decisions of Multinational Corporations 

      Shroff, Nemit O.; Verdi, Rodrigo S.; Yu, Gwen Gwen (2014)
      This paper examines how the external information environment in which foreign subsidiaries operate affects the investment decisions of multinational corporations (MNCs). We hypothesize and find that the investment decisions ...

    • Managers’ cultural background and disclosure attributes 

      Brochet, Francois; Miller, Gregory S.; Naranjo, Patricia; Yu, Gwen (2017-03-23)
      We examine how a manager’s ethnic cultural background affects managers’ communication with investors. Using a sample of earnings conference calls transcripts with 26,430 executives from 42 countries, we find that managers ...

    • Market Competition, Earnings Management, and Persistence in Accounting Profitability Around the World 

      Healy, Paul Murray; Serafeim, Georgios; Srinivasan, Suraj; Yu, Gwen Gwen (2014-11-25)
      We examine how cross-country differences in product, capital, and labor market competition, and earnings management affect mean reversion in accounting return on assets. Using a sample of 48,465 unique firms from 49 ...

    • Securities Litigation Risk for Foreign Companies Listed in the U.S. 

      Cheng, Beiting; Srinivasan, Suraj; Yu, Gwen (2013-01-24)
      We study securities litigation risk faced by foreign firms listed on U.S. exchanges. We find that U.S. listed foreign companies experience securities class action lawsuits at about half the rate as do U.S. firms with similar ...