Purpose – Values-attitudes hierarchical models are quite frequent in the consumer behaviour literature. In attitudinal models specific to food produced in an environmentally friendly way (i.e. “green” food), past research evidence mainly originating in Western cultures posits that the...

I propose to use volatility to infer opportunistic insider sales. I argue that insider sales occurring when volatility is low are suspicious and that these suspicious sales are likely to be driven by insiders’ private information for the following reasons. Suppose that insider sales are not...

I construct a new measure of accounting conservatism and offer validation tests. The new measure, DGOLOA, equals to the growth of operating liabilities minus the growth of operating assets. The rationale behind DGOLOA is that operating liabilities and operating assets shall grow at the same rate...