Using the staggered changes in unemployment insurance (UI) benefits across states in the US as an exogenous shock to employees’ costs of unemployment and the hiring firm’s costs of disclosure, this study investigates whether and how a firm’s relationship with its employees impacts its...

The Intergovernmental Panel on Climate Change (IPCC) Fourth Assessment Report (AR4) ( Intergovernmental Panel on Climate Change, 2007 ) of 2007 concluded that most of the warming of the climate is very likely driven by human activities that increase greenhouse gas (GHG) concentrations in the...

This paper examines the impact of analyst corporate site visits on stock price crash risk using a unique data set of Chinese A-share stocks listed on the Shenzhen stock exchange (SZSE) over the 2012–2019 period. We find that the frequency of analyst corporate site visits is positively...