It is increasingly common for individuals to be both investors in, and customers of, a company. Despite its prevalence, we have little understanding of whether these investor-customers’ investment judgments differ from those of investors-only. Using three experiments, we examine how...

We examine how information dissemination via mobile device applications (apps) affects nonprofessional investors' judgments. In response to the prevalence of mobile device use, the media ungroups content into smaller pieces to accommodate users, and apps use push notifications to highlight this...

Firms often issue disaggregated earnings forecasts, and prior research reveals benefits to doing so. However, we hypothesize and experimentally find that the benefits of disaggregated forecasts do not necessarily carry over to the time of actual earnings announcements. Rather, disaggregated...