Prior studies employ a two period empirical model and interpret the negative association between accruals in period one and returns in period two as evidence that investors misprice the information contained in accruals. In contrast to prior studies, I employ a three period log-linear model...

We use two experiments to examine the effects of relative performance information (RPI) on self-reported performance achieved by employees who exhibit varying degrees of narcissism. In experiment one, we find that high narcissists not only inflate self-reported performance more than low...

I propose an explanation for the positive relation between R&D, future earnings, and future stock returns based on the fixed-cost qualities of R&D. If R&D is relatively fixed over short horizons, demand shocks realized by some R&D firms will push these firms into R&D intensity levels that are...