This study investigates whether financial analysts accurately incorporate other
comprehensive income (OCI) and its components into earnings per share (EPS) forecasts …

This paper studies the effect of net income measurement on firms' stock prices and
investment decisions when investors have limited attention. We build a model to analyze …

The role of the insurance industry in national economic stability is indispensable, particularly
in developing nations like the Maldives. Despite substantial potential, the industry's …

We study the impact of recognizing fair value changes in net income rather than in other
comprehensive income on the risk firms take in their investment portfolios. As our setting, we …

Academic research provides mixed claims and evidence regarding the situations under
which different asset measurement methods aid investment decisions. Surprisingly …

This paper studies the interaction between investor inattention and firms' capital allocation
decisions by exploiting an accounting rule change that requires publicly traded firms to …

This dissertation consists of two essays that examine the financial performance of property-
liability insurance firms with common-stock ownership structure. The first essay considers …

Abstract Upon adoption of Accounting Standards Update (ASU) 2016-01, unrealized gains
and losses on equity investments (equity-URGL) that would have previously been …