This paper investigates the effect of vivid language on investor judgments. Recent research finds that investor judgments are significantly influenced by disclosure tone (positive versus negative). Holding tone constant, we investigate investors' reactions to vivid versus pallid information....

This paper investigates the effect of vivid language on investor judgments. Recent research finds that investor judgments are significantly influenced by disclosure tone (positive versus negative). Holding tone constant, we investigate investors' reactions to vivid versus pallid information....

We examine how clawback provisions and board monitoring affect managers' use of discretion to achieve earnings targets. Using an experiment, we find that when board monitoring is weak, imposing clawback provisions has little impact on the total amount of earnings management activity. This null...

We use two experiments to examine the effects of relative performance information (RPI) on self-reported performance achieved by employees who exhibit varying degrees of narcissism. In experiment one, we find that high narcissists not only inflate self-reported performance more than low...