Conference calls held in conjunction with an earnings release have become increasingly
common in recent years, yet there is little evidence regarding the reasons that these calls …

Corporate financial disclosure consists of an integrated series of communications that can
reduce information asymmetry and agency conflicts between a firm's managers and its …

Religion has been shown to influence economic choices and outcomes in a variety of
contexts. Honesty and risk aversion are two social norms forwarded to characterize the …

This paper explores the role of textual disclosures in the Management, Discussion, and
Analysis (MD&A) section of a firm's SEC 10-K filing in predicting a firm's ability to continue as …

Theory argues that career concerns (ie, concerns about the impact of current performance
on contemporaneous and future compensation) encourage managers to withhold bad news …

This paper examines whether market participants infer negative information about future
unexpected firm performance when managers adhere to predetermined scripts when …

This study examines the effect of the mandatory adoption of International Financial
Reporting Standards (IFRS) on voluntary disclosure. Using a difference-in-differences …

This study uses 462,678 monthly observations of US-listed firms for the period 1990–2018 to
document a strong positive relationship between short-term changes in financial distress risk …

This paper studies how the human capital embedded in rank-and-file employees affects
firms' stock price crash risk. Employing a unique setting in China where we measure human …

This study explores whether and how the management manipulates the tone of CSR reports
to greenwash earnings management. Using the dataset of Chinese A‐share companies that …