Guiding through Corona – the 2020 outlook of German firms
Most firms were just fine towards the beginning of 2020 and their CEOs and CFOs were preparing to release their 2019 numbers and provide outlooks […]
How to help the right firms when (all) firms struggle
With whole economies shutting down, policymakers around the world deliberate how to keep “healthy” businesses that temporarily struggle alive. Research by Inga Bethmann (PwC), and […]
Integrating ESG data in investment decision making
The “user-oriented” framework for evaluating high-quality environmental, social, and governance (ESG) data facilitates better investor decision-making according to the latest insights from Soh Young In, […]
Do rating agencies benefit from providing higher ratings?
Recalibration enabled the clients of major credit rating agencies to receive better ratings and lower yields, according to recent insights from Anne Beatty (Fisher College […]
Long-term economic consequences of hedge fund activist interventions
The long-term benefits of interventions by activist hedge funds’ for their shareholders are unproven, according to new insights from Ed deHaan (Foster School of Business), […]
An investigation of auditors’ judgments when companies release earnings before audit completion
Releasing annual earnings prior to the completion of auditing, is common practice in most U.S. public companies, according to the latest insights into financial reporting […]
Strategic reactions in corporate tax planning
Accounting firms often react to changes in tax planning made by their competitors, by adjusting their own tax planning, to match other firms. These are […]
The team at the top matters!
Financial reporting quality is impacted by characteristics of a firm’s management team, according to new insights from Dana Zhang (Susquehanna University). The study examines accounting […]
Does past performance matter?
Current-period performance at firms influences investors’ beliefs on whether it is accurate for managers to apply an optimistic strategy for the future, according to insights […]
Financial reporting quality, investment horizon, and institutional investor trading strategies
Poor financial reporting quality (FRQ) influences the holding costs of trading strategies, according to new insights by Brian J. Bushee (University of Pennsylvania), Theodore H. […]