This study examines the value relevance of the timing of earnings announcement dates relative to prior expectations. It shows that when firms advance their earnings announcements at least four days prior to expectations, the earnings surprises in those quarters tend to be positive and the...

Range forecasts have evolved to be the most common form of management forecasts. Prior studies typically use the midpoint to evaluate analyst reaction to range forecasts, implicitly assuming that analysts place equal weights on the upper and the lower bounds of management range forecasts. We...

We investigate the credit market's response via changes in credit default swap (CDS) spreads to management earnings forecasts and evaluate the importance of these forecasts relative to earnings news during the periods before and during the recent credit crisis. We document that credit markets...

Introduction : privatizing China : powers of the self, socialism from afar / Aihwa Ong and Li Zhang -- Private homes, distinct lifestyles : performing a new middle class / Li Zhang -- Property rights and homeowner activism in new neighborhoods / Benjamin L. Read -- Socialist land masters : the...

With the deregulation of the electric power market in New England, an independent system operator (ISO) has been separated from the New England Power Pool (NEPOOL). The ISO provides a regional spot market, with bids on various electricity-related products and services submitted by utilities and...

Genetic association studies aim to detect association between one or more genetic polymorphisms and complex traits, which might be some quantitative characteristic or a qualitative attribute of disease. In Chapter 1, we introduce the development of methods for association mapping in the past...

In case–control studies of gene-environment association with disease, when genetic and environmental exposures can be assumed to be independent in the underlying population, one may exploit the independence in order to derive more efficient estimation techniques than the traditional logistic...