This study examines the effect on investors' judgments of corporate social responsibility
(CSR) measures when integrated with financial information in a single report versus when …

Purpose The purpose of this study is to investigate whether investor views regarding the
benefits of corporate environmental responsibility moderate the influence of environmental …

Current financial reporting guidance allows managers flexibility as to whether to
disaggregate income statement items. Such flexibility is problematic if managers prefer to …

Recent years have seen widespread interest in supplementing or replacing accounting
information with nonfinancial information (NFI) in a variety of uses such as incentive …

This paper presents an experiment that examines how enhanced disclosure of nonfinancial
performance indicators affects the stock‐price estimates of nonprofessional and professional …

This study experimentally tests the hypothesis that investor reaction to favorable investment
ratings is influenced by attributes of analysts' supporting arguments. Specifically, I argue that …

Investors frequently rely on individual analysts' stock price targets. Aggressive price targets
often reflect analysts' attempts to strategically influence investors. Therefore, investors' …

This study experimentally examines the joint effect of causal linkages between nonfinancial
measures (NFMs) and firm financial performance on investors' reactions to management …

This study uses two experiments to examine whether nonprofessional investors rely on
voluntarily disclosed nonfinancial information (NFI) and the factors that affect their reliance …

Value-based management and the balanced scorecard are two of the most distinguished
management concepts of the past decades. The main criticism levelled at value-based …