Based upon an analysis of a town government’s meeting records between March 2001 and October 2007, as well as interviews with its key officials and the town government’s annual work reports, this essay addresses and explains the repertoire of social stability control employed by this town...

This study investigates the effect of long horizon institutional ownership on CEO career concerns to meet the short-term earnings benchmark by examining the extent to which long horizon institutional investors mitigate the positive relation between CEO turnover and missing the quarterly...

This paper examines how institutional investors respond to accounting restatements. We show that transient institutional investors, defined as institutions with shorter investment horizons and higher portfolio turnover, significantly reduce their holdings in a restating firm at least one quarter...

This study examines how institutions respond to insider trade in addition to accounting information. I show that transient institutions defined as those with short investment horizon and high turnover, reduce holdings in the following quarters when insiders are net sellers following earnings...

We examine the effect of employment contract horizon on managers' discretion in financial reporting. During the contract horizon, the board learns about a new CEO's ability from realized firm performance and uses this information to determine whether to renew or terminate the CEO's contract....

Quantifying the effect of transportation on urban air pollution is challenging because decisions to travel are endogenous to air quality. The spread of COVID-19 offers a unique opportunity for causal identification, as the pandemic directly affects decisions to travel and choices of...

Changes in trading relationships including trade wars can have a large impact on the distribution of GHG emissions across supply chains. While previous studies have examined the emission impacts resulting from tariff adjustments during China-US trade wars they do not investigate what would...

Digital nucleic acid amplification technologies (dNAATs) have become an emerging platform for pathogen detection. It is not only suitable for the absolute quantitative analysis of target pathogens with very low concentration in samples, but also have strong resistance to complex matrix. Thanks...