Valuation theory, investment managers, financial analysts, and textbooks advocating horizontal financial statement analysis suggest that the change in earnings growth (earnings acceleration) conveys value relevant information. We test this assertion using a large sample of U.S. firms. Results...

Inadequate rural financial services and low service efficiency lead to the situation that a large sum of money flows from rural areas to urban areas through commercial banks. The situation goes against the development of rural production and causes the extreme lack of rural capital, the...

Using psychological terms such as cognitive dissonance and confirmation bias, this study reveals how individual consumers inadequately process (food safety) information, pay limited attention to signals, and make purchase decisions that are bias towards their initial choices. While it is...

This paper addresses the problem of social interactions and the lender-borrower relationship by measuring the disconnect between borrowers and lenders across a wide range of lending-related attributes. The degree by which lenders and borrowers connect disconnect depends on whether lenders’ and...

This study explored demographic variations among victims injured in the 2008 Wenchuan earthquake. The study analyzed records of 2,148 patients who were hospitalized with earthquake-related injuries in 14 hospitals between May 12 and May 21 of 2008. We tested the effects of gender and age on the...

The H2 production rate from H2S photocatalytic decomposition under visible light irradiation (λ  400 nm) over CdS nanoparticules formed in HY-zeolite pore (named CdS/HY) was much higher compared to the commercial bulk CdS. The CdS/HY photocatalyst was characterized by UV–Vis, XRD, FT-IR,...

Previous studies have found underestimation of risk, or overconfidence, to be pervasive. In this paper, we model overconfidence as a reduction in perceived variance. We generalize the analysis of Sandmo and examine the effects of competition on firms displaying overconfidence. Cases for both...

Purpose – This paper explored factors that impact insurance choices of demand (farmers) and supply (insurance companies) side, respectively. Design/methodology/approach – Specially designed survey questions allow one to fully observe the demand tendency from farmers and partially observe the...

This paper explores the factors that impact insurance choices. Specially designed survey questions allow one to fully observe the demand tendency by the farmers and partially observe the supply tendency by the insurance company. A joint estimation of insurance decision by both supply and demand...