Results 71 to 80 of about 7,508 (250)

Do Sustainability Restatements Impair Financial Analysts’ Earnings Forecast Accuracy?

Abacus, EarlyView.
This paper examines empirically the association between sustainability restatements (SRS), that is, restatements in sustainability reports, and analyst forecast accuracy, measured by analysts’ forecast errors for current‐year earnings. We find that SRS are related to greater earnings forecast errors, especially when they are related to environmental or
Isabel Cristin Hertl, Janine Maniora
wiley   +1 more source

Determinants of Climate-Smart Agriculture Adoption among Smallholder Dairy Farmers in Indonesia: Evidence from Malang Regency, East Java [PDF]

BIO Web of Conferences
Climate-Smart Agriculture (CSA) has emerged as a key strategy for enhancing climate resilience, productivity, and sustainability in livestock systems. However, empirical evidence on CSA adoption in Indonesia's dairy sector remains limited.
Pranadita Gilang Nanda, Purwanti Tina Sri   +1 more
doaj   +1 more source

Accelerating computation: A pairwise fitting technique for multivariate probit models

Computational Statistics & Data Analysis
Fitting multivariate probit models via maximum likelihood presents considerable computational challenges, particularly in terms of computation time and convergence difficulties, even for small numbers of responses. These issues are exacerbated when dealing with ordinal data. An efficient computational approach is introduced, based on a pairwise fitting
Delporte, Margaux, Verbeke, Geert, Fieuws, Steffen, Molenberghs, Geert   +3 more
openaire   +2 more sources

Analyzing tourists' satisfaction: A multivariate ordered probit approach [PDF]

Tourism Management, 2010
Abstract This article considers a Bayesian estimation of the multivariate ordered probit model using a Markov chain Monte Carlo (MCMC) method. The method is applied to unit record data on the satisfaction experienced by tourists. The data were obtained from the Annual Report on the Survey of Tourists' Satisfaction 2002, conducted by the Department of
openaire   +2 more sources

Corporate Carbon Management System Quality and Voluntary Carbon Assurance: The Moderating Effect of Institutional Setting

Accounting &Finance, EarlyView.
ABSTRACT This study examines the relationship between voluntary carbon assurance (VCA) and carbon management system quality (CMSQ). Using a sample representing more than 40 countries over the period 2011–2018, we show empirically that firms with superior CMSQ tend to adopt VCA to show their commitment to a green transition to a decarbonised business ...
Jibriel Elsayih, Rina Datt, Qingliang Tang, Abdullah Bugshan   +3 more
wiley   +1 more source

Simulated Classical Tests in the Multiperiod Multinomial Probit Model [PDF]

This paper compares different versions of the simulated counterparts of the Wald test, the score test, and the likelihood ratio test in the multiperiod multinomial probit model.
Ziegler, Andreas
core  

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

Simulated z-tests in multinomial probit models [PDF]

Within the framework of Monte Carlo experiments, this paper systematically compares different versions of the simulated z-test (using the GHK simulator) in one- and multiperiod multinomial probit models.
Ziegler, Andreas
core  

Empirical Evidence of Firm States of Corporate Social Responsibility and Irresponsibility: Transition Frequencies and State Drivers

Business Ethics, the Environment &Responsibility, EarlyView.
ABSTRACT A common assumption is that firms become more socially responsible over time. Indeed, numerous conceptual papers focus on the issue of describing the CSR states that firms advance through. Yet, related empirical research remains limited and the assumption of steady progression across CSR states remains untested.
Christopher Groening, Milad Mohammadi Darani   +1 more
wiley   +1 more source

Calculation of Multivariate Normal Probabilities by Simulation, with Applications to Maximum Simulated Likelihood Estimation [PDF]

We discuss methods for calculating multivariate normal probabilities by simulation and two new Stata programs for this purpose: mvdraws for deriving draws from the standard uniform density using either Halton or pseudo-random sequences, and an egen ...
Lorenzo Cappellari, Stephen P. Jenkins
core