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spikes in firm-specific price volatility, a pattern that poses a puzzle in terms of existing financial theory. The most …
Persistent link: https://www.econbiz.de/10010259665
disclosures help to reduce analysts' forecast error. According to the results, signaling theory is more helpful than the …
Persistent link: https://www.econbiz.de/10013001951
We analyze the effects of CSR disclosure on the accuracy of analysts' share price targets. The accuracy of analysts' price targets is value-relevant as it reduces firms' capital costs. We assess this relationship for S&P 500 firms from 2009 to 2014, applying panel regressions. We find that the...
Persistent link: https://www.econbiz.de/10012966732
Based on a quasi-natural experiment that mandates a subset of listed firms to issue standalone corporate social responsibility (CSR) reports, we examine whether mandatory CSR disclosure improves analysts' information environment. We focus on two properties of analysts' earnings forecasts:...
Persistent link: https://www.econbiz.de/10014281518
If policy-makers care about well-being, they need a recursive model of how adult life-satisfaction is predicted by childhood influences, acting both directly and (indirectly) through adult circumstances. We estimate such a model using the British Cohort Study (1970). The most powerful childhood...
Persistent link: https://www.econbiz.de/10013073851
Suppliers of consumer packaged goods are facing an increasingly challenging situation as they work to fulfill orders from their retail partners' distribution facilities. Traditionally these suppliers have generated forecasts of a given retailer's orders using records of that retailer's past...
Persistent link: https://www.econbiz.de/10013025290
To their credit, empirical legal scholars try to live up to the highest methodological standards from the social sciences. But these standards do not always match the legal research question. This paper focuses on normative legal argument based on empirical evidence. Whether there is a normative...
Persistent link: https://www.econbiz.de/10011645949
So far, if one wished to analyse economic markets in all their complexity - i.e. by incorporating all information regarding firm and consumer behavior available from the fields of economics, marketing, consumer research, competitive strategy, and business analysis - she had to use formulas with...
Persistent link: https://www.econbiz.de/10014053605
Generating Cyber Intelligence (CYBINT) scenarios & solutions to address uncertainty for decision-advantage: Using Intelligence Engineering & Strategic Options Analysis -- A Macro Cyber Scenario Case Study using Intelligence Engineering & Strategic Options Analysis Methods -- Examining the...
Persistent link: https://www.econbiz.de/10015081269