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Resource Allocation Effects of Price Reactions to Disclosures
16 references·16 citing·50 second hopsampled
Resource Allocation Effects of Price Reactions to Disclosures (2002)Resource Allocation Effects of Price Reac…Take overs restructuring and corporate governance (1998)Take overs restructuring and …Stock Market Efficiency and Economic Efficiency: Is There a Connection? (1997)Stock Market Efficiency and E…Disclosure level and the cost of equity capital. (1997)Disclosure level and the cost…Markup pricing in mergers and acquisitions (1996)Markup pricing in mergers and…Disclosure Policy and Competition Cournot vs. Bertrand. (1993)Disclosure Policy and Competi…Escalation Errors and the Sunk Cost Effect: An Explanation Based on Reputation and Information Asymmetries (1989)Escalation Errors and the Sun…Duopoly information equilibrium: Cournot and Bertrand (1989)Duopoly information equilibri…Poison pill securities (1988)Poison pill securitiesEquity issues and offering dilution (1986)Equity issues and offering di…Strategic Accounting Choice and the Effects of Alternative Financial Reporting Requirements (1985)Strategic Accounting Choice a…Orange Juice and Weather (1984)Orange Juice and WeatherDuopoly information equilibrium: Cournot and bertrand (1984)Duopoly information equilibri…The Impact of Merger-Related Regulations on the Shareholders of Acquiring Firms (1983)The Impact of Merger-Related …Collusion and the Incentives for Information Sharing (1983)Collusion and the Incentives …Foundations of Finance. (1977)Foundations of Finance.Theory of Accounting Measurement. (1976)Theory of Accounting Measurem…The Real Effects of Modern Information Technologies: Evidence from the EDGAR Implementation (2023)The Real Effects of Modern In…The Real Effects of Modern Information Technologies: Evidence from the EDGAR Implementation (2020)The Real Effects of Modern In…The Effect of Tick Size on Managerial Learning from Stock Prices (2020)The Effect of Tick Size on Ma…The Role of Financial Reporting in Resolving Uncertainty about Corporate Investment Opportunities (2019)The Role of Financial Reporti…Should I Stay or Should I Grow? Using Voluntary Disclosure to Elicit Market Feedback (2019)Should I Stay or Should I Gro…Internal Information Quality and the Sensitivity of Investment to Market Prices and Accounting Profits (2018)Internal Information Quality …Disclosure and Choice (2017)Disclosure and ChoiceVoluntary Disclosures, Corporate Control, and Investment (2012)Voluntary Disclosures, Corpor…The effect of stock price on discretionary disclosure (2011)The effect of stock price on …Cash Savings and Stock Price Informativeness (2011)Cash Savings and Stock Price …Information-based trade (2010)Information-based tradeAccounting Disclosure and Real Effects (2010)Accounting Disclosure and Rea…Voluntary Disclosures and Analyst Feedback (2009)Voluntary Disclosures and Ana…Voluntary disclosures and information production by analysts (2007)Voluntary disclosures and inf…The Influences of Financial Statement Recognition and Analyst Coverage on the Market's Valuation of R&D Capital (2007)The Influences of Financial S…Using Capital Markets as Market Intelligence: Evidence from the Pharmaceutical Industry (2005)Using Capital Markets as Mark…Estimating betas from nonsynchronous data (1977)Risk measurement when shares are subject to infrequent trading (1979)Stock returns and the weekend effect (1980)When financial markets work too well: A cautious case for a securities transactions tax (1989)Combinatorial Information Market Design (2003)CO2 Prices, Energy and Weather (2007)Coefficient Alpha and the Internal Structure of Tests (1951)Disclosure, Liquidity, and the Cost of Capital (1991)The Cross-Section of Expected Stock Returns (1992)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The economic implications of corporate financial reporting (2005)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Reexamination of the perfectness concept for equilibrium points in extensive games (1975)A Theory of Auctions and Competitive Bidding (1982)Strategic Information Transmission (1982)Cournot Oligopoly with Information Sharing (1985)Exchange of Cost Information in Oligopoly (1986)Information Transmission--Cournot and Bertrand Equilibria (1986)Determinants of corporate borrowing (1977)On financial contracting (1979)Measuring security price performance (1980)Consistent Covariance Matrix Estimation with Cross-Sectional Dependence and Heteroskedasticity in Financial Data (1989)Shredded Reputation: The Cost of Audit Failure (2002)The Econometrics of Event Studies (2004)CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Efficient Capital Markets: II (1991)The New Issues Puzzle (1995)Event Studies in Economics and Finance (1997)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The market for corporate control (1983)Hostility in Takeovers: In the Eyes of the Beholder? (2000)Do Insiders Learn from Outsiders? Evidence from Mergers and Acquisitions (2005)Globalizing the boardroom—The effects of foreign directors on corporate governance and firm performance (2012)Financial Intermediation and Delegated Monitoring (1984)Continuous Auctions and Insider Trading (1985)The Use of Knowledge in Society (1996)Manipulation and the Allocational Role of Prices (2008)Have financial markets become more informative? (2016)Big Data as a Governance Mechanism (2018)Information Transparency of Business-to-Business Electronic Markets: A Game-Theoretic Analysis (2004)Knowing What Others Know: Coordination Motives in Information Acquisition (2008)The Value of Personal Information in Online Markets with Endogenous Privacy (2018)Accounting for Stewardship (1981)Alternative research paradigms in operations (1989)Earnings skewness and analyst forecast bias (2003)Does the Stock Market Overreact? (1985)Multifactor Explanations of Asset Pricing Anomalies (1996)
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References

  • 1997Disclosure level and the cost of equity capital.3,577 cited
  • 1986Equity issues and offering dilution1,397 cited
  • 1977Foundations of Finance.1,128 cited
  • 1996Markup pricing in mergers and acquisitions811 cited
  • 1984Duopoly information equilibrium: Cournot and bertrand721 cited
  • 1997Stock Market Efficiency and Economic Efficiency: Is There a Connection?634 cited
  • 1976Theory of Accounting Measurement.561 cited
  • 1983The Impact of Merger-Related Regulations on the Shareholders of Acquiring Firms547 cited
  • 1984Orange Juice and Weather540 cited
  • 1989Duopoly information equilibrium: Cournot and Bertrand538 cited
  • 1988Poison pill securities366 cited
  • 1983Collusion and the Incentives for Information Sharing358 cited
  • 1998Take overs restructuring and corporate governance340 cited
  • 1993Disclosure Policy and Competition Cournot vs. Bertrand.305 cited
  • 1989Escalation Errors and the Sunk Cost Effect: An Explanation Based on Reputation and Information Asymmetries242 cited
  • 1985Strategic Accounting Choice and the Effects of Alternative Financial Reporting Requirements

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193 cited

Cited by

  • 2019Should I Stay or Should I Grow? Using Voluntary Disclosure to Elicit Market Feedback131 cited
  • 2023The Real Effects of Modern Information Technologies: Evidence from the EDGAR Implementation110 cited
  • 2009Voluntary Disclosures and Analyst Feedback109 cited
  • 2020The Effect of Tick Size on Managerial Learning from Stock Prices106 cited
  • 2011The effect of stock price on discretionary disclosure104 cited
  • 2011Cash Savings and Stock Price Informativeness101 cited
  • 2007The Influences of Financial Statement Recognition and Analyst Coverage on the Market's Valuation of R&D Capital89 cited
  • 2005Using Capital Markets as Market Intelligence: Evidence from the Pharmaceutical Industry89 cited
  • 2019The Role of Financial Reporting in Resolving Uncertainty about Corporate Investment Opportunities87 cited
  • 2018Internal Information Quality and the Sensitivity of Investment to Market Prices and Accounting Profits86 cited
  • 2007Voluntary disclosures and information production by analysts69 cited
  • 2012Voluntary Disclosures, Corporate Control, and Investment57 cited
  • 2020The Real Effects of Modern Information Technologies: Evidence from the EDGAR Implementation56 cited
  • 2017Disclosure and Choice55 cited
  • 2010Accounting Disclosure and Real Effects49 cited
  • 2010Information-based trade46 cited