Search Results - subject_exact:"Information value"

Examining the impact of price sensitivity on customer lifetime value : empirical analysis

Awaad, Sarah Ahmed; Kortam, Wael; Ayad, Nihal - 2024

This study examines how price sensitivity parameters affect customer lifetime value in the luxury business. Quality, position, information, time, and customer lifetime were examined as price sensitivity factors followed by a conceptual model and research hypotheses were produced based on...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015427236

Coarse categories in a complex world

Graeber, Thomas; Roth, Christopher; Sammon, Marco - 2026

Most news stories contain both granular quantitative information and coarse categorizations. For instance, company earnings are reported as a dollar figure alongside categorizations, such as whether earnings beat or missed market expectations. We formalize and study the hypothesis that when a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614363

Show 2 more versions 2

Coarse categories in a complex world

Graeber, Thomas; Roth, Christopher; Sammon, Marco - 2025

Book / Working Paper

Coarse categories in a complex world

Graeber, Thomas; Roth, Christopher; Sammon, Marco - 2025

Book / Working Paper

Online reviews : information content, drivers, and platform design

Bondi, Tommaso; Rossi, Michelangelo - 2026

Online ratings emerge from a multi-stage process that can systematically distort their informational content. We develop a unified framework decomposing the rating process into distinct components: experienced quality (driven by intrinsic quality, seller effort, and price), expectations formed...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015592820

Accounting basis and verification : survey evidence from U.S. private firms

Call, Andrew C.; Hendricks, Bradley E.; Labro, Eva; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015626688

Local information demand and the cross-section of stock returns

Chu, Gang; Goodell, John W.; Li, Xiao - 2026

Using internet search data, we examine how geographic proximity shapes individual investors' information acquisition behavior. Focusing on the Chinese stock market, we document a pronounced local bias in information demand: individual investors search more intensively for stocks of firms...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015637550

Online search activity and market reaction to earnings announcements

Ahluwalia, Saurabh - 2026

This paper leverages Google Trends search volume data from 2004 to 2008 as a proxy for investor information demand. The analysis documents that greater search activity prior to earnings announcements is positively associated with future market reaction to earnings announcements, pre-earnings...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015643095

With a grain of salt : investor reactions to uncertain news and (non)disclosure

Libgober, Jonathan; Michaeli, Beatrice; Wiedman, Elyashiv - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651761

Digital reputation risk disclosure and firm value : novel evidence using textual analysis of Saudi non‑financial listed companies

Sobehy, Khaled Muhammad Hosni; Mahjoub, Lassaad Ben; … - 2026

Current accounting standards do not allow recognition of intangible assets for indigenously created properties, resulting in a discrepancy between the book value and market value of firms operating within digital economies, where investments like cybersecurity and data governance are grossed up...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652128

Robustly non-harmful information for biased learners

Kornemann, Malte - 2026

I examine when robustly beneficial information can be provided to a receiver who also learns from misspecified background sources that are outside the provider's control. In contrast to information provision for rational receivers, any source can be harmful under certain misspecifications of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654931

Pollution control under uncertainty : integrating optimal control theory and value of information

Gromov, Dmitry; Verma, Prateek; Upmann, Thorsten - 2026

This study analyses the economic value of information in dynamic environmental decision-making, focusing on how pre-decision resolution of parameter risk affects optimal policy paths. We develop a framework that integrates optimal control (OC) theory with the Value of Information (VoI) concept....

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015666597

Probability pricing

Dávila, Eduardo; Parlatore, Cecilia; Walther, Ansgar - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015616771

Investors' quantitative disclosure: target prices by short sellers

Madelaine, Alexandre; Paugam, Luc; Stolowy, Hervé; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015618158

Corporate ESG performance and the capital market's information environment : evidence from analysts' forecasts

Chen, Wanyi; Xie, Zilin; Huang, Mengqi - 2025

The role of ESG is not confined to investments, but extends to the influence it exerts on capital markets. This study investigates the impact of corporate ESG performance on the information environment. Our results show that as companies demonstrate higher ESG performance, there is a significant...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015618498

Bayesian persuasion without commitment

Arieli, Itai; Stewart, Colin - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015546775

Keeping in the dark with hard evidence

Bird, Daniel; Frug, Alexander - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015655330

Show one more version 1

Keeping in the dark with hard evidence

Bird, Daniel; Frug, Alexander - 2025

Book / Working Paper

Principled mechanism design with evidence

Schweighofer-Kodritsch, Sebastian; Strausz, Roland - 2025

Casting mechanism design with evidence in the framework of Myerson (1982) implies that his generalized revelation principle directly applies, and we thus obtain standard notions of incentive compatible direct mechanisms. Their specific nature depends, however, on whether the presentation of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015371822

Show 2 more versions 2

Principled mechanism design with evidence

Schweighofer-Kodritsch, Sebastian; Strausz, Roland - 2024

Book / Working Paper

Principled mechanism design with evidence

Schweighofer-Kodritsch, Sebastian; Strausz, Roland - 2023

Book / Working Paper

How do managers use MD&A disclosures to respond to negative news?

Liu, Lingbing; Geng, Huixin; Wang, Yutong - 2025

This study investigates whether and how managers respond to major negative news by increasing the information content of their MD&A disclosures. We predict that major negative news influences managers' disclosure decisions by increasing legitimacy pressures and reducing opportunities to obscure...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015374456

The limits of crowdfunding with common values

Ellman, Matthew; Hurkens, Sjaak - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015374855

Finding out who you are : a self-exploration view of education

Park, Sungmin - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015374933

Disclosure spillover from going-private activity

Hinson, Lisa A.; Piao, Zhenhao - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015376034

Earnings informativeness, debt financing, and managerial characteristics

Chen, Li-Yu; Chen, Jing-Chi; Li, Chun-Ming - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015331884

Liquidity and the strategic value of information

Kadan, Ohad; Manela, Asaf - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015357632

Show one more version 1

Liquidity and the Strategic Value of Information

Kadan, Ohad - 2020

Book / Working Paper

Monetary policy uncertainty and corporate credit financing in China : the role of accounting information quality

Li, Xiao-Lin; Yang, Miao; Ge, Xinyu; Zhao, Chen - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015193800

Optimal discriminatory disclosure

Guo, Yingni; Li, Hao; Shi, Xianwen - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015179484

Can digital transformation of enterprise improve the information environment of the capital market? : evidence from Analyst's perspective

Li, Shu; Zhang, Xiaoyun - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015326617

Dividend cuts and a firm's investment opportunity set

Das, Somnath; Dhole, Sandip - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015394986

Sequential information selling : perfect price discrimination and the role of encryption

Förster, Manuel; Närmann, Fynn Louis - 2025

We study a dynamic game in which a monopolistic seller sequentially discloses information about a binary state to a consumer through priced experiments. The consumer privately observes a binary signal which influences her willingness to pay for information. We show that if buyer types favor...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015423970

Investor overreactions to transnational peer firm earnings : the role of accounting standards

Herkenhoff, Manuel; Nienhaus, Martin - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015463674

Information illusion : different amounts of information and stock price estimates

Oehler, Andreas; Horn, Matthias; Wendt, Stefan - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015464717

Artificial intelligence applications and audit fees : an empirical study

Lai, Jing - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015470792

Influencing beauty perceptions : role of TikTok influencer information adoption in shaping consumer views of cosmetic product quality

Ben Arbia, Mohamed; Ertz, Myriam; Horrich, Aws; … - 2025

This research examines how influencer information spreads and is accepted by consumers, focusing on a Tunisian sample of social media users, and how these effects percolate into consumers' perception of the quality of cosmetic products. Drawing on the Information Adoption Model (IAM), this study...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015450343

Quality of accounting information and corporate green innovation performance

Xu, Runfang; Qiao, Yixiang; Lv, Hongjun - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015455600

Sell-side analysts with accounting experience

Andres, Christian; Brochet, François; Limbach, Peter; … - 2025

This study provides evidence on the performance and labor market trajectories of sell-side equity analysts with prior experience or education in accounting. Analysts with work experience in accounting issue both more accurate earnings per share (EPS) forecasts and more profitable sell...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015408455

FOMC news and segmented markets

Golez, Benjamin; Kelly, Peter; Matthies, Ben - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015432423

Textual dimensions of sustainability information, stock price informativeness, and proprietary costs : evidence from integrated reports

Barth, Mary E.; Cahan, Steven F.; Chen, Li; Venter, Elmar R. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015436303

Investment decision-making in the information-return space

Astaíza-Gómez, José Gabriel - 2025

In this paper, I examine the value that investors place on analysts who exhibit lower forecast error volatility. Building on prior empirical research, I develop a theoretical model that formalizes the role of error volatility in investment decision-making. I propose an investment strategy that...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015438167

Disclosure quality ratings by the stock exchanges : evidence from China

Yang, Shuo; Zhao, Jingran - 2025

Purpose - The stock exchanges in China assess firms' disclosure quality annually according to a grading sheet. The grading sheet evaluates mandatory and voluntary disclosures, investor relations, and compliance with and violations of securities laws; some items are publicly observable, others...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015438524

Can information help bridge the attitude-behavior gap in sustainable clothing consumption?

Ries, Teresa; Rese, Alexandra - 2025

This research explores the widely known gap between the attitudes on sustainability that consumers express and their subsequent behavior concerning the purchase of sustainable clothing. Given the increasing global mass production and consumption of clothes, the textile industry is taking action...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015455926

Informative value of non-financial reports : analyzing the impact of disclosure format and auditing

Hirsch, Simon; Heichl, Veronika - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015462048

Mandatory versus voluntary non-financial reporting : reporting practices and economic consequences

Breijer, R.; Erkens, M. H. R.; Orij, R. P.; Vergoossen, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015442385

The value of information risk : is there an acquisition discount for less readable financial disclosures?

Hussaini, Mussa; Nguyen, Van Diem; Rigoni, Ugo; Perego, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015443099

Strategic commitment to forgo information : evidence from the lab

Kandel, Emanuel; Mugerman, Yevgeny; Winter, Eyal - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015426421

Equilibrium failure rates in tests of endogenous competence

Bertola, Giuseppe - 2025

Rational individuals who obtain a premium by passing an imprecise test change their choice of costly competence when the pass threshold varies. At given premium that reaction prevents variation of the failure rate completely if the marginal cost of competence is constant, only partially if it is...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015427274

The value of a value : the benefits of improved decision making informed by non-market valuation

Pannell, David J.; Johnston, Robert J.; Burton, Michael P. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015561645

Decoding CSR report : how report readability and tone influence M&A target and acquirer likelihood

Li, Yufei - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015562480

Political connections and earnings opacity : the role of integrated reporting quality

Soliman, Sabah; El-Deeb, Mohamed Samy; Korein, Sarah - 2025

Purpose This paper empirically investigates the ability of integrated reporting quality (IRQ) to mitigate earnings opacity (EO) in politically connected firms and improve financial transparency. It also examines how IRQ moderates the relationship between political connections (PC) and EO among...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612322

Biased recommendations and differentially informed consumers

Peitz, Martin; Sobolev, Anton - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015594803

Show one more version 1

Biased recommendations and differentially informed consumers

Peitz, Martin; Sobolev, Anton - 2025

Book / Working Paper

Information acquisition costs and price informativeness : global evidence

McClure, Charles; Shi, Shawn Xiaofeng; Watts, Edward M. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015554055

Will major customers push suppliers to improve their internal information quality?

Liu, Yongda - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015555246

Value of bidders default risk information : designing reliable auction using post-bidding mechanism

Chatterjee, Anirban; Mukherjee, Subhadip - 2025

Traditional auction theory typically assumes that bidders will fully honor their commitments upon winning. However, this assumption often proves inadequate in high-stakes auctions, such as those for infrastructure projects or luxury assets, where securing the necessary funds post-auction can...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015587611