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We examine whether home country investor protection and ownership structure affect cross-listed firms' compliance with SOX-mandated internal control deficiency (ICD) disclosures. We develop a proxy for the likelihood of cross-listed firms' ICD misreporting during the Section 302 reporting...
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Using a proprietary database of institutional investors' daily stock trading records in the post-Regulation FD period, this study examines whether transient institutions have the independent ability to correctly process small negative earnings surprise announcements, which management claims...
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