Browsing HBS Scholarly Articles by Keyword "quality"

Now showing items 1-9 of 9

    • Comovement and Predictability Relationships Between Bonds and the Cross-Section of Stocks 

      Baker, Malcolm P.; Wurgler, Jeffrey (2012)
      Government bonds comove more strongly with bond-like stocks: stocks of large, mature, low-volatility, profitable, dividend-paying firms that are neither high growth nor distressed. Variables derived from the yield curve ...

    • Does Mandatory IFRS Adoption Improve the Information Environment? 

      Horton, Joanne; Serafeim, Georgios; Serafeim, Ioanna (2012-11-09)
      More than 120 countries require or permit the use of International Financial Reporting Standards (‘IFRS’) by publicly listed companies on the basis of higher information quality and accounting comparability from IFRS ...

    • Issuer Quality and Corporate Bond Returns 

      Greenwood, Robin Marc; Hanson, Samuel Gregory (Oxford University Press (OUP), 2013)
      We show that the credit quality of corporate debt issuers deteriorates during credit booms, and that this deterioration forecasts low excess returns to corporate bondholders. The key insight is that changes in the pricing ...

    • Learning from My Successes and from Others' Failures: Evidence from Minimally Invasive Cardiac Surgery 

      KC, Diwas; Staats, Bradley R.; Gino, Francesca (INFORMS, 2013-09-03)
      Learning from past experience is central to an organization's adaptation and survival. A key dimension of prior experience is whether an outcome was successful or unsuccessful. While empirical studies have investigated the ...

    • Non-audit services and financial reporting quality: evidence from 1978 to 1980 

      Koh, Kevin; Rajgopal, Shiva; Srinivasan, Suraj (2013)
      We provide evidence for the long-standing concern on auditor conflicts of interest from providing non-audit services (NAS) to audit clients by using rarely explored NAS fee data from 1978 to 1980. Using this earlier setting, ...

    • Salience in Quality Disclosure: Evidence from the U.S. News College Rankings 

      Luca, Michael; Smith, Jonathan (Wiley-Blackwell, 2013)
      How do rankings affect demand? This paper investigates the impact of college rankings, and the visibility of those rankings, on students' application decisions. Using natural experiments from U.S. News and World Report ...

    • What Drives Sell-Side Analyst Compensation at High-Status Investment Banks? 

      Groysberg, Boris; Healy, Paul Murray; Maber, David A. (2011)
      We use proprietary data from a major investment bank to investigate factors associated with analysts' annual compensation. We find compensation to be positively related to "All-Star" recognition, investment-banking ...

    • What Factors Drive Analyst Forecasts? 

      Groysberg, Boris; Healy, Paul Murray; Nohria, Nitin; Serafeim, Georgios (2011)
      A firm's competitive environment, its strategic choices, and its internal capabilities are considered important determinants of its future performance. Yet there is little evidence on whether analysts' forecasts of firm ...

    • What Makes a Critic Tick? Connected Authors and the Determinants of Book Reviews 

      Dobrescu, Loretti I.; Luca, Michael; Motta, Alberto (Elsevier, 2013)
      This paper investigates the determinants of expert reviews in the book industry. Reviews are determined not only by the quality of the product, but also by the incentives of the media outlet providing the review. For ...