Modern information technologies have fundamentally changed how information is disseminated in financial markets. Using the staggered implementation of the EDGAR system in 1993-1996 as a shock to information dissemination technologies, we find evidence that internet dissemination of corporate...

This paper examines the hypothesis that hedge fund managers gain an informational advantage in securities trading through their connections with lobbyists. Using datasets on the long-equity holdings and lobbyist connections of hedge funds from 1999 through 2012, we show that hedge funds...

This paper uses a regression discontinuity design to identify the effect of missing relative performance goals on insider trading. I find that CEOs who narrowly miss relative performance goals and hence receive a lower pay earn higher profits from their insider trades subsequent to the...

The development of high-performance magnetocaloric material is one of the keys to actualize the room-temperature magnetic refrigeration technology. Here the effects and mechanisms of solidification behaviors and microstructures on the magnetocaloric effect (MCE) of AlFe 2 B 2 intermetallics are...

The influence of the deposition of three different particles (NaCl, C and SiO2) on the initial atmospheric corrosion of 7B04 aluminum alloy was investigated via laboratory exposure testing, environmental scanning electron microscope (E-SEM), energy dispersive X-ray spectroscopy (EDS), and...

Following instantaneous profiling method, a multi-ring was applied in the wetting apparatus to ascertain water diffusivities of three bentonites (MX-80, Kunigel-V1, and Kunibon). Hydraulic conductivities of unsaturated bentonites were calculated though water diffusivities and soil water...

The solid-state lithium metal batteries are considered a promising direction for developing lithium-based energy storage devices because of their superiority over lithium-ion batteries containing liquid electrolytes in energy density and safety performance. However, the design, preparation, and...

Abstract In attempting to address the problems about low solar light utilization and easy compounding of photo-generated electrons-hole of the commonly used single transition metal oxide photocatalysts, this paper uses MXene ( Ti 3 C 2 ) with excellent wave absorption performance as a...

How special interests shape legislative decisions is a fundamental question in political economy. In this paper, we examine the influence of corporations on climate change legislation, which plays an important role in addressing the negative externalities associated with greenhouse gas...