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A Measure of Competition Based on 10-K Filings

Li, Feng - 2012

In this paper we develop a measure of competition based on management's disclosures in their 10-K filing and find that …. We find limited and indirect evidence that management strategically makes misleading statements about their competitive …

Persistent link: https://www.econbiz.de/10013114292

Firm Exit Through Bankruptcy – The Effect of Accounting Bias on Product Market Competition

Chen, Hui - 2011

We analyze the effect of accounting biases on the profits of firms that compete in a Cournot product market. We find accounting biases strictly decrease firms' profits when the firms are fully equity-financed. However, different results emerge when we introduce debt into the firms' financial...

Persistent link: https://www.econbiz.de/10013120064

Cost Efficient Product Design for Sustainable Competitive Power

Yilmaz, Rifat - 2011

market. To this end, in this study as techniques supporting cost management at the stage of design, the following cost … management techniques have been handled: product life cycle costing, target costing, design for cost, design for manufacture …, design for reliability, functional cost analysis and inter organizational cost management …

Persistent link: https://www.econbiz.de/10013121096

Bertrand Competition, Market Information and Observability

Callahan, Carolyn M. - 2011

Recent economics literature shows renewed interest in models of Bertrand competition with cost uncertainty. We continue this reexamination and introduce cost correlation as a way to mitigate the asymmetry of information between firms facing Bertrand competition. We also allow firms to make an...

Persistent link: https://www.econbiz.de/10013121499

Preannouncing Competitive Decisions in Oligopoly Markets

Corona, Carlos - 2013

We examine a duopolistic setting in which firms can preannounce their future competitive decisions before they actually implement them. We show that there is a unique equilibrium in which both firms preannounce and overstate their future actions when uncertainty of demand is low. We find that...

Persistent link: https://www.econbiz.de/10013085931

Competition and Financial Accounting Misreporting

Balakrishnan, Karthik - 2013

We show that, on average, product market competition acts as a disciplining force constraining managers from misreporting accounting information. Further, in a quasi-natural experiment that uses shifts in import tariffs to identify intensification of competition, difference-in-difference...

Persistent link: https://www.econbiz.de/10013092429

Audit Market Competition and Client Portfolio Risk

Jang, Daun - 2020

documented that auditors make portfolio management decisions based on risk avoidance, and that audit market competition affects …

Persistent link: https://www.econbiz.de/10012833445

Product Market Competition and Firms’ Disclosure of Cross-Segment Differences in Performance

Königsgruber, Roland - 2020

This study examines how product market competition affects firms' disclosures of their individual segments' performance. We explicitly account for different types of product market competition by distinguishing between competitors who are already active in a particular market and potential...

Persistent link: https://www.econbiz.de/10012834122

The Impact of Vertical and Horizontal Wage Dispersion on Employee Collusion and Effort in Tournaments

Guo, Lan - 2020

We investigate the effect of vertical wage dispersion, defined as the difference in wages between superiors and subordinates, on subordinates' behaviors in a competitive setting. We propose that higher vertical wage dispersion shifts subordinates' pay referent from peers to superiors, thereby...

Persistent link: https://www.econbiz.de/10012836882

Product Market Competition, Disclosure Framing, and Casting in Earnings Conference Calls

Allee, Kristian D. - 2020

is associated with more negative and uncertain earnings conference calls, both in the management prepared narrative and …

Persistent link: https://www.econbiz.de/10012840729