In this paper, I examine the impact of ambiguity (Knightian uncertainty), alongside that of risk, on firms’ voluntary disclosure decisions. I confirm the well-known result that an increase in risk— uncertainty over outcomes—is associated with an increase in management guidance (earnings...

We explore the role of foreign directors in mitigating the effects of supply chain disruptions caused by economic policy uncertainty (EPU) spikes in their home countries. Using a large sample of global supply chain relationships of US manufacturing firms, we show that the likelihood of a US...

Industry, firm, CEO, CFO, and time effects are likely to have a significant influence on a firm’s financial reporting quality (FRQ). However, our understanding of the extent to which each of these factors affects different facets of FRQ remains limited. In this paper, we employ hierarchical...

In this paper, we provide a broad analysis of the performance of organ procurement organizations (OPOs) in the United States and investigate factors affecting the number and quality of procured organs. Using comprehensive data from 51 OPOs’ annual cost reports from 2015 to 2020, we find wide...

In this paper, we provide a broad analysis of the performance of organ procurement organizations (OPOs) in the United States and investigate factors affecting the number and quality of procured organs. Using comprehensive data from 51 OPOs’ annual cost reports from 2015 to 2020, we find wide...