We examine how short sellers affect long-run management forecasts using a natural experiment (Regulation SHO) that relaxes short-selling constraints on a group of randomly selected firms (referred to as pilot firms). We find that compared to other firms, the pilot firms issue more long-run good...

We examine how short sellers affect long-run management forecasts using a natural experiment (Regulation SHO) that relaxes short-selling constraints on a group of randomly selected firms (referred to as pilot firms). We find that compared to other firms, the pilot firms issue more long-run good...

Graphene/hexagonal boron nitride composites have great application prospects in the field of lubrication due to their unique layered structure and excellent mechanical properties. However, due to their complex synthesis process, easy agglomeration and poor stability, graphene/hexagonal boron...

It is well-known that the presence of serial correlation may result in an inefficient or even biased estimation in time series analysis. In this paper, we consider testing serial correlation when the model error follows a GARCH process which is frequently used in modelling financial data. Two...

This study examines whether auditors incorporate information contained in their clients’ stock prices when auditing the clients’ financial reports. We find that audit adjustments are significantly associated with the misalignment between clients’ annual stock returns and pre-audited...

Order promising is central to the profitability of intermodal marketing companies. We study their order promising processes, where limited inventoriable containers are dynamically allocated to customers with different profit levels and delivery leadtime requirements. The container supply in the...