Showing 1 - 10 of 11
Persistent link: https://www.econbiz.de/10010361562
Persistent link: https://www.econbiz.de/10003816060
Persistent link: https://www.econbiz.de/10010518784
Persistent link: https://www.econbiz.de/10012306142
Persistent link: https://www.econbiz.de/10015133802
Persistent link: https://www.econbiz.de/10015165219
Job vacancy duration reflects the time a firm spends searching, selecting, and hiring for a job opening. Capturing vacancy duration using the creation and deletion dates of job postings by U.S. public firms, we examine the informativeness of vacancy duration for future firm profitability. We...
Persistent link: https://www.econbiz.de/10014348887
We study how uniformed traders (defined as strategic traders not endowed with private information) use public disclosure and prices to form beliefs and trade. We manipulate the availability of public forecasts (e.g. earnings forecasts) of forthcoming public signals (e.g., earnings...
Persistent link: https://www.econbiz.de/10012953734
When information asymmetry is a major market friction, earnings forecasts can lead to higher price efficiency even after the information in forecasts completely dissipates upon earnings realizations. We show this in an experimental market that features information asymmetry (i.e., some traders...
Persistent link: https://www.econbiz.de/10012830245
This study examines whether the use of cash-flow-based performance metrics (CFM) in setting CEO compensation affects the design of loan contracts. Cash-flow-based performance evaluation can motivate managers to improve cash flows, which potentially enhances the firms’ debt repayment ability...
Persistent link: https://www.econbiz.de/10014244565