The Effect of Algorithmic Trading on Management Guidance
A Stephan - The Accounting Review, 2024 - publications.aaahq.org
I investigate whether algorithmic trading (AT) affects the provision of management guidance.
Existing research finds that AT decreases fundamental information acquisition before …
Existing research finds that AT decreases fundamental information acquisition before …
The Effect of Mandatory Climate Risk Disclosure on Environmentally Responsible Investing: Evidence from the US Insurance Industry
We examine the effect of mandatory climate risk disclosure on insurers' investment portfolios
by exploiting the US insurance industry's adoption of the Climate Risk Disclosure Survey …
by exploiting the US insurance industry's adoption of the Climate Risk Disclosure Survey …
Tick Size and Investment Efficiency of Small-Cap US Firms: Evidence from SEC's Tick Size Pilot Program 2016
A Ashraf, B Qi, M Saleem, A Shakill - Available at SSRN 4839191, 2023 - papers.ssrn.com
Abstract Utilizing the Tick Size Pilot Program of 2016, we document a significant and positive
impact of tick size increase on the investment efficiency of small-cap firms. Our results …
impact of tick size increase on the investment efficiency of small-cap firms. Our results …
[PDF][PDF] When does the tick size help or harm market quality? evidence from the tick size pilot
YH Barardehi, P Dixon, Q Liu, A Lohr - When Does the Tick Size Help …, 2023 - cba.lmu.edu
Tick sizes provide a market quality tradeoff between pricing fidelity and undercutting—
suggesting that the same tick size change may affect narrow and wide-spread stocks …
suggesting that the same tick size change may affect narrow and wide-spread stocks …
The Tick Size Tradeoff: Implications for Optimal Tick Sizes and Causal Inference
YH Barardehi, P Dixon, Q Liu, A Lohr - Available at SSRN 4302058, 2022 - papers.ssrn.com
Abstract Using the Tick Size Pilot (TSP), we provide new empirical evidence on stock-
specific optimal tick sizes. Our method differs from the common practice that treats stocks …
specific optimal tick sizes. Our method differs from the common practice that treats stocks …