We extend prior research on the value relevance of accounting information for loss-making firms by allowing the coefficient of book value to vary across three distinct set of loss-making firm observations in our valuation model. Our key findings are, first, that book value is a less important...

This paper examines how self-selection shapes the quality of applicant pools for part-time work relative to full-time work. In a large-scale recruitment drive for data-entry workers in Ethiopia, we implemented a field experiment that randomly offers either a part- or full-time job opportunity....