<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading>This paper examines the information content of the forward-looking statements (FLS) in the Management Discussion and Analysis section (MD&A) of 10-K and 10-Q filings using a Naïve Bayesian machine learning algorithm. I find that firms with better current performance, lower accruals,...

The hydrogenation activity and sulfur-tolerant ability of nano-NiMo catalysts prepared by sol–gel method were investigated by hydrogenation of ethylbenzene containing thiophene. The results show that the adding of molybdenum has a profound effect on the structure and the sulfur-tolerant...

We investigate the use of a warrant-pricing approach to incorporate employee stock options (ESOs) into equity valuation and to account for the dilutive effect of ESOs in the valuation of option grants for financial reporting purposes. Our valuation approach accounts for the jointly determined...