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analysts in capital markets. Using a sample of S&P 1500 firms over 1992-2002, we find that firms that compensate top managers …
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We examine whether CEO extraversion, an important personality trait associated with leadership, affects firms' expected cost of equity capital. We measure CEO extraversion using CEOs' speech patterns during the unscripted portion of conference calls. After controlling for several CEO and firm...
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This study investigates the perceived and actual trustworthiness and truthfulness of female managers when using …, inconsistently with the notion that the trust rhetoric of women managers is more truthful than that of their male counterparts, trust …
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This paper examines the association between chief executive officers’ (CEOs’) prosocial tendency and their companies’ accounting information quality. We measure CEOs’ prosocial tendency using their involvement with charitable organizations. Our results suggest that prosocial CEOs are...
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This research aims to examine empirically the overreliance on representativeness heuristic and anchoring-adjustment influences experienced by investors in forecasting future earnings. This research was a laboratory experiment with a design of 2x2 full factorial between subject. The results...
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a nudge promoting a social norm of exerting one’s best forecast effort and document its impact on the forecasting … that nudging reduces forecast herding, and leads to a less biased, more accurate, and more representative consensus … forecast. However, the effects of nudging depend on forecasters’ commitment to the forecasting task as only committed …
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