This paper investigates the effect of vivid language on investor judgments. Recent research finds that investor … sensitive to the differences between vivid and pallid language when the underlying information is preference-inconsistent, but … not when the information is preference-consistent. Results of two experiments support our prediction. Vivid language …

experiment with MBA students as participants, we investigate how the effect of language sentiment varies with readability and …Recent studies document that market participants react positively to the positive language sentiment or tone embedded …. However, while language sentiment and readability co-occur in practice, their joint effects remain largely unexplored. In an …

experiment with MBA students as participants, we investigate how the effect of language sentiment varies with readability and …Recent studies document that market participants react positively to the positive language sentiment or tone embedded …. However, while language sentiment and readability co-occur in practice, their joint effects remain largely unexplored. In an …

This paper examines the consequences of Financial Reporting Quality (FRQ) on Corporate Performance, using three proxies … estimator proposed by Arellano and Bond (1991), highlights the positive effect of financial reporting quality (FRQ) on financial …

I argue that external financial reporting quality has at best a 2nd order effect on firm value of U.S. publicly traded … companies and that attempts to improve a firm's external reporting quality has a 3rd order effect on these firms' value …. Recognizing that external financial reporting quality is at best a 2nd order effect on firm value imposes an important external …

does not extend to internal control effectiveness. Given auditors' limited ability to distinguish financial reporting … tasked with reforming the audit reporting model, and legislators who recently passed Title I of the Jumpstart Our Business … Startups Act that exempts qualifying IPO companies from Section 404(b) reporting requirements for up to five years …

examining why French traded corporations use pro forma reporting in their annual press releases to announce earnings …