Loughran, Tim; McDonald, Bill - In: Financial innovation : FIN 9 (2023) 1, pp. 1-9
Public companies in the United States are required to file annual reports (i.e., Form 10-K) and disclose, among other things, the risk factors that may harm their stock price. The risk of a pandemic was well-known before the recent crisis, and we now know that the initial impact on many...