Topic: Finance

A man dressed in pink dress shirt and tie pointing at himself in the mirror Research Brief / Finance

“How’re Sales, Roger?” “Good Question, Roger!”

When CEO and analyst share a first name, earnings estimates are sharper

A folded paper fortune teller gsme with good news written on one flap and bad news written on another in black lettering. Research Brief / Debt

What Investors Infer From External News And Management Silence

Uncertainty about outside news alters company disclosures and how markets interpret them, study finds

Book cover of American Default Book Review / Economics

A Shocking Tale of Sovereign Default and Private Contracts Nullified

Sebastian Edwards brings to life a widely forgotten chapter of U.S. history starring FDR, his no-name economist and the demise of the gold standard

A person looking a computer screen with stock ticker Research Brief / Stock Returns

A Tool for Finding Mispriced Stocks

Less sophisticated investors reveal their sentiment in certain trades, and a 20-year study measures it company by company

Six office workers seen talking and performing various tasks Research Brief / Finance

Adapting Value Investing to the 21st Century

Including intangible assets in book value vastly improves the strategy’s returns

Inverted image of a calculator Research Brief / Taxes

Boo! Does Merely Mentioning an Audit Increase Taxpayer Compliance?

Research undermines the notion that companies coldly calculate tax avoidance

Road marking - One Way with snow Research Brief / Investing

Bringing a Sharper Focus to the Study of the Decline of Investment Diversification

Research measures the impact of global economic factors on returns

Illustration of office buildings with a silhouette of a figure holding their arms out Research Brief / Taxes

Businesses Vastly Overestimate the Likelihood of Being Audited

Should tax-collecting agencies keep audit activity secret to discourage cheating?

FDIC logo on a window Research Brief / Banking

Calculating a Value for the Government Support Banks Enjoy

Researchers’ model could quantify the risks in the growing movement to ease up on Dodd-Frank regulations

Jay Powell Research Brief / Markets

Corporate Bond Market Meltdown Averted after Fed Action

Decade-old bank-risk limits may have exacerbated liquidity problems

Manila file folders with U.S. government form 8-K on top Research Brief / Corporate Finance

Corporate Borrowing on the Down Low

18% of firms fail to promptly disclose new loan deals

Illustration of two men talking Research Brief / Investing

Do Fair Disclosure Rules Lead to More or Less Information?

Managers, forced to inform a broader audience, choose not to gather information even for themselves

Digital map Research Brief / Markets

Does Better Corporate Disclosure Boost Markets?

Stronger financial reporting standards seem to mean more for growth of countries’ credit markets than their stock markets

Closeup shot of newspapers Research Brief / Finance

Does Big News Drown Out Corporate Earnings Disclosures?

Henry Friedman’s research finds, surprisingly, that major economic news actually heightens attention paid to company announcements

Man's hands with strings for puppets coming from them Research Brief / Investing

Does Cross Ownership By Big Investors Make Industries Less Competitive?

Examining executive pay tied to revenue growth to identify any correlation

A group of people on separate phone lines Research Brief / Markets

Financial Constraints on Intermediaries Cause Asset Mispricing

Real-world bond data reveals how the capital positions and liquidity of middlemen affect prices of securities they broker