Results 151 to 160 of about 4,529 (276)

When Accounting Qualities Collide: Accruals Quality, Comparability and Information Risk in SEO Underpricing

Accounting &Finance, EarlyView.
ABSTRACT We examine how accounting quality attributes jointly mitigate underpricing associated with two dimensions of information risk in seasoned equity offerings (SEOs). In information environments with relatively more potent information asymmetry, the evidence suggests that accruals quality and accounting comparability act as substitutes; i.e ...
Adam Bordeman, Philip B. Shane, David B. Smith, Suning Zhang   +3 more
wiley   +1 more source

Who Moves First? Price Discovery by Institutional and Retail Investors

Accounting &Finance, EarlyView.
ABSTRACT This paper uses 77 million Finnish trades, classified as foreign institutional or domestic retail, to examine the drivers of price discovery. The results show that foreign institutional investors dominate price discovery overall, including during the Global Financial Crisis. Their informational advantage is explained by buy‐ and sell‐initiated
Zheng Wu, P. Joakim Westerholm, Shumi Akhtar   +2 more
wiley   +1 more source

Firm Financial Performance: Disentangling the Corporate Gender Diversity as Driver of ESG Disclosure in EU Companies

Accounting &Finance, EarlyView.
ABSTRACT This study investigates the relationship between gender diversity in senior corporate positions and environmental, social and governance (ESG) initiatives, alongside their impact on corporate financial performance across European Union companies.
Paolo Saona, Laura Muro
wiley   +1 more source

Measuring the time‐varying market efficiency in the prewar and wartime Japanese stock market, 1924–1943

Asia‐Pacific Economic History Review, Volume 65, Issue 1, Page 131-159, March 2025.
Abstract This study examines the adaptive market hypothesis in the prewar and wartime Japanese stock market using a new market capitalization‐weighted price index. First, we find that the degree of market efficiency varies over time and with major historical events. This implies that the hypothesis is supported in this market.
Kenichi Hirayama, Akihiko Noda
wiley   +1 more source

Rural land rental markets in developing countries: Can survey design innovations improve land market participation statistics?

American Journal of Agricultural Economics, EarlyView.
Abstract A longstanding puzzle in the African land rental market literature is the often‐observed discrepancy between the number of tenants (renters‐in) and the much smaller number of landlords (renters‐out) in survey data. If this discrepancy derives from systematic biases in survey data responses on rental market participation, then the existing body
Gashaw T. Abate, Kibrom A. Abay, Jordan Chamberlin, Samuel Sebsibie   +3 more
wiley   +1 more source

Scale Versus Technology—M&A Effects by Firm Size and Ex‐Post M&A Time Horizon in Korea

Asian-Pacific Economic Literature, EarlyView.
ABSTRACT This study aims to examine the effects of mergers and acquisitions (M&A) on technical change (TC) and the scale component (SC)—the two primary constituents of total factor productivity (TFP)—by firm size and ex‐post M&A time horizon (i.e., short‐term vs. long‐term effects).
Sinwoo Lee, Dong‐hyun Oh, Soyoung Kim, Sungdo Jung, Hyundo Choi   +4 more
wiley   +1 more source

The Effects of External Macroeconomic Shocks and Uncertainty on Bangladesh's Fiscal Sustainability

Asian-Pacific Economic Literature, EarlyView.
ABSTRACT In recent years, Bangladesh has adopted a deficit‐biased fiscal policy, supported by robust GDP growth and relatively low interest rates, capitalizing on its access to concessional financing. However, Bangladesh's graduation to lower‐middle‐income status and its gradual integration into the global economy have exposed the country to external ...
Mohammad Mahabub Alam
wiley   +1 more source

Enhancing generalizability theory with mixed‐effects models for heteroscedasticity in psychological measurement: A theoretical introduction with an application from EEG data

British Journal of Mathematical and Statistical Psychology, EarlyView.
Abstract Generalizability theory (G‐theory) defines a statistical framework for assessing measurement reliability by decomposing observed variance into meaningful components attributable to persons, facets, and error. Classic G‐theory assumes homoscedastic residual variances across measurement conditions, an assumption that is often violated in ...
Philippe Rast, Peter E. Clayson
wiley   +1 more source

Using multilabel classification neural network to detect intersectional DIF with small sample sizes

British Journal of Mathematical and Statistical Psychology, EarlyView.
Abstract This study introduces InterDIFNet, a multilabel classification neural network for detecting intersectional differential item functioning (DIF) in educational and psychological assessments, with a focus on small sample sizes. Unlike traditional marginal DIF methods, which often fail to capture the effects of intersecting identities and require ...
Yale Quan, Chun Wang
wiley   +1 more source

Estimating the reliability of round‐robin judgments with social relations confirmatory factor analyses

British Journal of Mathematical and Statistical Psychology, EarlyView.
Abstract The social relations model (SRM) is commonly used in psychological research to analyse interdependent data from round‐robin designs, where all members of a group rate each other. Based on the recently suggested social relations confirmatory factor analysis (SR‐CFA), we present general formulas for determining the reliability of composites of ...
Steffen Nestler, Oliver Lüdtke, Alexander Robitzsch   +2 more
wiley   +1 more source