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The Impact of State-Level Nutrition-Education Program Funding on BMI : Evidence from the Behavioral Risk Factor Surveillance System
McGeary, Kerry Anne - 2010
Currently, there is insufficient evidence regarding which policies will improve nutrition, reduce BMI, the probability of obesity and the probability of overweight nationwide. This preliminary study investigates the impact of a nutrition-education policy relative to price policy as a means to...
Persistent link: https://www.econbiz.de/10013152682
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Complex Disclosure
Jin, Ginger Zhe - 2018
We present evidence that complex disclosure can result from the strategic incentives to shroud information. We implement an experiment where senders are required to report their private information truthfully but can choose how complex to make their reports. We find that senders use complex...
Persistent link: https://www.econbiz.de/10012916904
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Investor Inattention, Firm Reaction, and Friday Earnings Announcements
DellaVigna, Stefano; Pollet, Joshua Matthew - 2021
Do firms release news strategically in response to investor inattention? We consider news about earnings and analyze the response of returns to announcements on Friday and other weekdays. Friday announcements have less immediate and more delayed stock return response. The delayed response as a...
Persistent link: https://www.econbiz.de/10013225055
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Continuing Dangers of Disinformation in Corporate Accounting Reports
Kane, Edward J. - 2009
Insiders can artificially deflect the market prices of financial instruments from their full-information or inside value' by issuing deceptive accounting reports. Incentive support for disinformational activity comes through forms of compensation that allow corporate insiders to profit...
Persistent link: https://www.econbiz.de/10012767752
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Inflation Announcements and Social Dynamics
Hachem, Kinda - 2014
We propose a new framework for understanding the effectiveness of central bank announcements when firms have heterogeneous inflation expectations. Expectations are updated through social dynamics and, with heterogeneity, not all firms choose to operate, putting downward pressure on realized...
Persistent link: https://www.econbiz.de/10013053470
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Central Bank Transparency : Causes, Consequences and Updates
Dincer, N. Nergiz; Eichengreen, Barry - 2021
We present updated estimates of central bank for 100 countries up through 2006 and use them to analyze both the determinants and consequences of monetary policy transparency in an integrated econometric framework. We establish that there has been significant movement in the direction of greater...
Persistent link: https://www.econbiz.de/10013225595
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Domestic Institutions and the Bypass Effect of Financial Globalization
Ju, Jiandong - 2007
which financial globalization can be a substitute for reforms of domestic financial system. Inefficient financial system and … investment. While financial globalization always improves the welfare of a developed country with a good financial system, its … the world than many developing countries. A noteworthy feature of this theory is that financial and property rights …
Persistent link: https://www.econbiz.de/10012776812
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Financial Globalization, Corporate Governance, and Eastern Europe
Stulz, René M. - 2021
financial world is not flat because poor governance prevents firms from being widely held and from taking full advantage of … financial globalization. Poor governance has implications for corporate finance as well as for macroeconomics. I show that poor …
Persistent link: https://www.econbiz.de/10013218982
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Law and Finance C. 1900
Musacchio, Aldo - 2010
development around the world today (La Porta et al, 1998, 1999 and passim). This paper examines the persistence of the effects of … variation observed in financial development around the world today is likely a product of events of the twentieth century rather …
Persistent link: https://www.econbiz.de/10013139896
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Blockholders and Corporate Governance
Edmans, Alex - 2013
This paper reviews the theoretical and empirical literature on the different channels through which blockholders (large shareholders) engage in corporate governance. In classical models, blockholders exert governance through direct intervention in a firm's operations, otherwise known as "voice."...
Persistent link: https://www.econbiz.de/10013073951