Narrow search
Showing 1 - 10 of 3,499
Cover Image
The Information Content of Corporate Earnings : Evidence from the Securities Exchange Act of 1934
Binz, Oliver; Graham, John R. - National Bureau of Economic Research - 2022
We examine whether the Securities Exchange Act of 1934 increased the information content of corporate earnings disclosures. Prior research questions whether the Act improved disclosure quality but generally relies on long-window tests and yields mixed results. We focus on whether the Act...
Persistent link: https://www.econbiz.de/10012938716
Cover Image
Understanding U.S. Corporate Tax Losses
Altshuler, Rosanne - 2008
Recent data present a puzzle: the ratio of corporate tax losses to positive income was much higher around 2001 than in earlier recessions. Using a comprehensive 1982-2005 sample of U.S. corporation tax returns, we explore a variety of potential explanations for this surge in tax losses, taking...
Persistent link: https://www.econbiz.de/10012464242
Cover Image
Returns on FDI : Does the U.S. Really Do Better?
Bosworth, Barry - 2007
According to the U.S. external accounts, U.S. investors earn a significantly higher rate of return on their foreign investments than foreigners earn in the United States. This continued strong performance has produced a positive net investment income balance despite the deterioration in the U.S....
Persistent link: https://www.econbiz.de/10012465337
Cover Image
The Cost of US Pharmaceutical Price Reductions : A Financial Simulation Model of R&D Decisions
Abbott, Thomas A. - 2005
Previous empirical studies that have examined the links between pharmaceutical price controls, profits, cash flows, and investment in research and development (R&D) have been largely based on retrospective statistical analyses of firm- and/or industry-level data. These studies, which have...
Persistent link: https://www.econbiz.de/10012467571
Cover Image
The Margins of Global Sourcing : Theory and Evidence from U.S. Firms
Antràs, Pol - 2014
We develop a quantifiable multi-country sourcing model in which firms self-select into importing based on their productivity and country-specific variables. In contrast to canonical export models where firm profits are additively separable across destination markets, global sourcing decisions...
Persistent link: https://www.econbiz.de/10012457894
Cover Image
Changing Times, Changing Values : A Historical Analysis of Sectors within the US Stock Market 1872-2013
Bunn, Oliver D. - 2014
We construct a price, dividend, and earnings series for the Industrials sector, the Utilities sector, and the Railroads sector from the beginning of the 1870s until the beginning of the year 2013 from primary sources. To infer about mispricings in the sector markets over more than a century, we...
Persistent link: https://www.econbiz.de/10012458297
Cover Image
Does Federal Student Aid Raise Tuition? : New Evidence on For-Profit Colleges
Riegg Cellini, Stephanie; Goldin, Claudia - National Bureau of Economic Research - 2012
We use administrative data from five states to provide the first comprehensive estimates of the size of the for-profit … number of for-profit institutions is double the official count and the number of students enrolled during the year is between … one-quarter and one-third greater. Many for-profit institutions that are not Title IV eligible offer certificate (non …
Persistent link: https://www.econbiz.de/10012460831
Cover Image
The For-Profit Postsecondary School Sector : Nimble Critters or Agile Predators?
Deming, David J.; Goldin, Claudia; Katz, Lawrence F. - National Bureau of Economic Research - 2011
Private for-profit institutions have been the fastest growing part of the U.S. higher education sector. For-profit … enrollment increased from 0.2 percent to 9.1 percent of total enrollment in degree-granting schools from 1970 to 2009, and for-profit …, students, and programs in the for-profit higher education sector, its phenomenal recent growth, and its relationship to the …
Persistent link: https://www.econbiz.de/10012460947
Cover Image
The Impacts of COVID-19 on Racial Inequality in Business Earnings
Fairlie, Robert W. - National Bureau of Economic Research - 2022
Many small businesses have closed, lost revenues, or downsized as a response to health and economic disruptions caused by COVID-19. But, were economic losses in the pandemic disproportionately felt by businesses owned by people of color? This paper provides the first study of the impacts of...
Persistent link: https://www.econbiz.de/10013435094
Cover Image
Valuing the Reload Features of Executive Stock Options
Huddart, Steven - 1999
Under Statement of Financial Accounting Standards No. 123, the grant date value of executive stock options excludes the value of any reload feature because, at the time of writing the standard in 1995, the Financial Accounting Standards Board believed it was not feasible to value a reload...
Persistent link: https://www.econbiz.de/10012471780