Results 181 to 190 of about 47,560 (302)

Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes Oxley Periods

, 2008
Daniel A. Cohen, Aiyesha Dey, Thomas Z Lys   +2 more
semanticscholar   +1 more source

Do Banks Learn From Natural Disasters? Evidence From the U.S. Financial Sector

European Financial Management, EarlyView.
ABSTRACT This paper examines whether U.S. banks learn from natural disasters. We explore several potential channels of adjustment and find that exposed banks primarily respond by adopting precautionary capital measures. This behaviour is evident both in the long run, when assessing divergent trends in the evolution of equity over time, and in the short
Dennis Dreusch, Gunnar Niemann, Peter Reichling   +2 more
wiley   +1 more source

From Regression to Reasoning: Predicting M&A Announcement Returns With Large Language Models

European Financial Management, EarlyView.
ABSTRACT This study investigates whether large language models (LLMs) can predict short‐term market reactions to M&A announcements. We prompt OpenAI's latest reasoning models (o3, GPT‐5, and GPT‐5.1) to forecast whether the combined market value of acquirer and target will increase or decrease, drawing on deal‐, firm‐, and macroeconomic data for large ...
Maximilian Schreiter, Aldrik Struve, Maximilian Uhle   +2 more
wiley   +1 more source

Are managers of emerging markets more opportunistic? application of Benford's Law. [PDF]

PLoS One
Hassan S, Aksar M, Ahmad M, Kajanova J.
europepmc   +1 more source

The Effect of the Adoption of K-IFRS on Accrual Earnings Management and Real Earnings Management

Korea International Accounting Review, 2014
null 이장희, null 김희진, null 권정훈   +2 more
openaire   +1 more source

Lender‐Affiliated Analysts and Syndicated Loans

Financial Management, EarlyView.
ABSTRACT Loans to borrowers covered by affiliated analysts have lower spreads. This effect is driven mostly by affiliated analysts sharing information with, rather than demanding information from, lending arms. Exploiting plausibly exogenous changes in brokerage affiliations, we find that the results are likely to be causal.
Yongqiang Chu, Tao Ma, Cong (Roman) Wang
wiley   +1 more source

Residual Income Valuation and Stock Returns: Evidence From a Value‐to‐Price Investment Strategy*

Financial Review, EarlyView.
ABSTRACT This paper contributes to the accounting and asset pricing anomalies literature by investigating the performance of value‐to‐price (V/P) strategies, and the relationship between V/P ratio and various risk proxies. If the V/P ratio successfully predicts future returns at stock level, we hypothesize that portfolios based on the V/P ratio ...
Ahmad Haboub, Aris Kartsaklas, Vasilis Sarafidis   +2 more
wiley   +1 more source

Labor unionization and real earnings management: Evidence from labor elections. [PDF]

PLoS One
Astvansh V, Wang B, Chen T, Qu JC.
europepmc   +1 more source

Long‐Term Institutional Investors and Executive Compensation

Financial Review, EarlyView.
ABSTRACT Standard agency theory views would suggest that long‐term investors will use long‐term CEO compensation to align incentives and promote long‐term value maximization. An alternative view is that long‐term investors—who are more able to bear the fixed costs associated with monitoring—will monitor more heavily than short‐term investors, reducing ...
T. Colin Campbell, Haimanot Kassa, Timothy E. Trombley   +2 more
wiley   +1 more source

Trade policy uncertainty and stock price crash risk in China: The moderating role of marketization and digital transformation. [PDF]

PLoS One
Liu C, Masron TA, Huo H.
europepmc   +1 more source