Analyst and management forecasts signal a firm's future prospects and research suggests that investors are conscious of the differing incentives to release news. We examine investor reaction to the information contained in these forecasts by considering whether decisions about their...

We study how geographic distance affects bank regulatory monitoring and its flow on effect to borrowing firms' risk-taking. Using a sample of 304 Chinese commercial banks over the period 2007 to 2020, we find that banks monitored by a distant regulator take on additional risk in terms of lower...

We explore corporate environmental accountability by examining how carbon emissions affect voluntary climate-related information disclosure based on TCFD principles. Using computerized textual analysis to measure such climate-related disclosure, our results show that firms with higher levels of...

We examine how financial analysts use the information contained in TCFD aligned climate change disclosures in their forecasts, using firm-level textual climate change disclosures. The results show that climate change disclosures are associated with reduced forecast error and dispersion. This...

We examine how firm-imposed trading policies affect returns to trades conducted by corporate insiders. A firm's insider trading policy is a specific aspect of corporate governance which ensures and promotes ethical and responsible decision making so that investor confidence and corporate...

Analyst and management forecasts signal a firm's future prospects, and research suggests that investors are conscious of the differing incentives to release news. We examine investor reaction to the information contained in these forecasts by considering whether decisions about their...

High disclosure quality can be achieved through an effective investor-relations program and results in firm benefits such as enhanced market exposure, increased analyst coverage and institutional following. We examine the association between disclosure quality and information asymmetry where a...

type="main" xml:id="acfi12046-abs-0001" <title type="main">Abstract</title> <p>We study the relationship between investor relations disclosure and analyst forecast properties in Australian firms, a setting dominated by small firms with limited analyst coverage and requiring continuous disclosure of price sensitive...</p>