This study examines how an increase in tick size affects algorithmic trading (AT), fundamental information acquisition (FIA), and the price discovery process around earnings announcements (EAs). Leveraging the SECs randomized Tick Size Pilot experiment, we show a tick size increase results in a...

The purpose of this paper is to investigate the impact of corporate social responsibility (CSR) on firm-specific information diffusion from 1,219 non-financial US firms between 2000 and 2012. By using Arellano-Bond dynamic panel-data estimation, we found evidence that suggests that stock prices...