The extant literature on family-controlled firms in the U.S. presents a mixed picture on how family control affects opacity and value creation. In this study, we show that the mixed results arise from the differences among family firms with regard to the presence of founders and the extent of...

This dissertation comprises two essays on earnings forecasting accuracy. Chapter 2 focuses on how management forecasting accuracy is affected by managers behavioral biases over time and Chapter 3 addresses how analyst portfolio design choices affect cross-sectional differences in analyst...

The corporate governance literature generally assumes that shareholders incentives to monitor management depend on how much of the firm the shareholders own. This dissertation proposes that another determinant of monitoring incentive is how long large shareholders intend to hold their shares,...