Due to the uncertain nature of research and development (R&D) activities, analysts often
have difficulty predicting how the outcome of those activities will benefit a firm (Barron …

This paper investigates how companies can utilise Twitter social media-derived sentiment
as a method of generating short-term corporate value from statements based on initiated …

This chapter surveys the empirical literature on corporate breakup transactions (divestitures,
spinoffs, equity carveouts, tracking stocks), leveraged recapitalizations, and leveraged …

This study investigates whether and how information asymmetry in the stock market affects
the quantum of audit fees paid by auditees. It is based on a sample of 218 US publicly …

Employee engagement is becoming a hot topic among business organizations and decision
making bodies. The main aim of this study is to check the relationship between the …

There is little research on how accounting information quality affects a firm's external
financing choices. In this paper, we use the occurrence of accounting restatements as a …

Using a sample of US seasoned equity offering (SEO) during the period 2002–2017, we
document that audit quality is associated with SEO issuance method choice. Specifically …

We examine the relation between firm diversification and asymmetric information empirically
using metrics drawn from the market microstructure literature. We find that the average …

Abstract In 2015 the Tokyo Stock Exchange (TSE) implemented Arrowhead Renewal
improvements (ARI) that reduced latency from about one millisecond to less than 0.5 ms …

The literature suggests that corporate diversification destroys firm value. This value
destruction is usually considered to be a consequence of managers' pursuing diversification …