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Learn from peers? The impact of peer firms' analyst earnings forecasts on a focal firm's corporate investment efficiency
16 references·4 citing·43 second hop
Learn from peers? The impact of peer firms' analyst earnings forecasts on a focal firm's corporate investment efficiency (2023)Learn from peers? The impact of peer firm…The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review (2019)The Effects of Financial Repo…Measuring Economic Policy Uncertainty* (2016)Measuring Economic Policy Unc…Do Peer Firms Affect Corporate Financial Policy? (2013)Do Peer Firms Affect Corporat…Investment, Idiosyncratic Risk, and Ownership (2012)Investment, Idiosyncratic Ris…The financial reporting environment: Review of the recent literature (2010)The financial reporting envir…How does financial reporting quality relate to investment efficiency? (2009)How does financial reporting …Over-investment of free cash flow (2006)Over-investment of free cash …Does Greater Firm‐Specific Return Variation Mean More or Less Informed Stock Pricing? (2003)Does Greater Firm‐Specific Re…Illiquidity and stock returns: cross-section and time-series effects (2002)Illiquidity and stock returns…Analyst Coverage and Intangible Assets (2001)Analyst Coverage and Intangib…Detecting Earnings Management. (1995)Detecting Earnings Management.Asset pricing and the bid-ask spread (1986)Asset pricing and the bid-ask…The effect of bonus schemes on accounting decisions (1985)The effect of bonus schemes o…Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Bid, ask and transaction pric…On financial contracting (1979)On financial contractingAn Empirical Evaluation of Accounting Income Numbers (1968)An Empirical Evaluation of Ac…Data Elements Marketization and Corporate Investment Efficiency: Causal Inference via Double Machine Learning (2025)Data Elements Marketization a…Women in C-suite: Does Top Management Team gender diversity matter? Evidence from firm investment efficiency (2024)Women in C-suite: Does Top Ma…How does executives' overseas experience affect corporate resource allocation efficiency? (2024)How does executives' overseas…Hear all parties: Peer effect of digital transformation on long‐term firm investment in China (2023)Hear all parties: Peer effect…The Problem of Social Cost (1960)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Financial Intermediation and Delegated Monitoring (1984)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 "Lemons": Quality Uncertainty and the Market Mechanism (1970)Investor Psychology and Security Market Under‐ and Overreactions (1998)Market Liquidity and Funding Liquidity (2008)Risk, Return, and Equilibrium: Empirical Tests (1973)The relationship between return and market value of common stocks (1981)The theory and practice of econometrics (1986)Liquidity Risk and Expected Stock Returns (2003)Investor Sentiment and the Cross‐Section of Stock Returns (2006)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Using daily stock returns (1985)Efficient Capital Markets: II (1991)Corporate financing and investment decisions when firms have information that investors do not have (1984)A Survey of Corporate Governance (1997)Government intervention and investment efficiency: Evidence from China (2010)Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets (2011)Editor's Choice Digesting Anomalies: An Investment ApproachThe Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Asset pricing with liquidity risk (2005)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)A review of tax research (2010)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Textual Analysis in Accounting and Finance: A Survey (2016)The Role of Monetary Policy (1995)The Impact of Uncertainty Shocks (2009)Measuring Uncertainty (2015)COVID-19 pandemic, oil prices, stock market, geopolitical risk and policy uncertainty nexus in the US economy: Fresh evidence from the wavelet-based approach (2020)The Unprecedented Stock Market Reaction to COVID-19 (2020)Measuring Geopolitical Risk (2022)Towards a Positive Theory of the Determination of Accounting Standards. (1978)Agency Problems and the Theory of the Firm (1980)A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)The economic implications of corporate financial reporting (2005)Earnings management and investor protection: an international comparison (2003)Earnings Management through Real Activities Manipulation (2003)Performance matched discretionary accrual measures (2005)
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References

  • 2016Measuring Economic Policy Uncertainty*12,311 cited
  • 2002Illiquidity and stock returns: cross-section and time-series effects10,008 cited
  • 1995Detecting Earnings Management.6,532 cited
  • 1968An Empirical Evaluation of Accounting Income Numbers6,384 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1986Asset pricing and the bid-ask spread5,087 cited
  • 1985The effect of bonus schemes on accounting decisions3,311 cited
  • 2009How does financial reporting quality relate to investment efficiency?3,211 cited
  • 2006Over-investment of free cash flow2,918 cited
  • 1979On financial contracting2,901 cited
  • 2010The financial reporting environment: Review of the recent literature2,622 cited
  • 2013Do Peer Firms Affect Corporate Financial Policy?1,166 cited
  • 2001Analyst Coverage and Intangible Assets1,078 cited
  • 2003Does Greater Firm‐Specific Return Variation Mean More or Less Informed Stock Pricing?951 cited
  • 2019The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review740 cited
  • 2012

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Investment, Idiosyncratic Risk, and Ownership
654 cited

Cited by

  • 2023Hear all parties: Peer effect of digital transformation on long‐term firm investment in China24 cited
  • 2025Data Elements Marketization and Corporate Investment Efficiency: Causal Inference via Double Machine Learning14 cited
  • 2024Women in C-suite: Does Top Management Team gender diversity matter? Evidence from firm investment efficiency11 cited
  • 2024How does executives' overseas experience affect corporate resource allocation efficiency?11 cited