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Regulation Fair Disclosure (Reg FD) altered the voluntary disclosure practices of firms with publicly traded securities, thereby affecting relationships between value and growth stock expectations and actual earnings. The results show that earnings forecasts for both stock groups are biased but...
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We study two characteristics found to be associated with reduced financial advisor misconduct: gender and professional designations. Our findings suggest consumer guidelines helpful in avoiding adverse advisor experiences. These can be especially valuable given the advisory market's absence of...
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The financial advisory industry lacks professional standardization/regulation. There are few guideposts to assess advisor quality, and risks to consumer welfare abound. Some 91% of investment advisors operate on conflicted sales commission licenses, though many market themselves as fiduciaries....
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Purpose – This study aspires to explore how the US stock market reacts to ISO 14001 certification announcements. Design/methodology/approach – The paper employs an event‐study methodology on a sample of 140 announcements and matching control firms to study the impact of ISO 14001...
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Purpose – The focus of this paper is to identify factors determining willingness to pay, preferences for geographic areas, and preferred times for study abroad and semester abroad programs. Design/methodology/approach – A unique survey instrument is utilized, which was administered to a...
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