Bank ESG Disclosure: A Help or a Hindrance?
Banks claiming to be more socially and environmentally responsible are in fact investing less money into home ownership among low-income communities.
What Factors Drive People’s Selection of Financial Services?
Roughly a quarter of households do not have access to basic financial services. Insights into their decision-making can help bridge the financial inclusion gap.
Studying share retention of early-stage ventures through the initial coin offerings market
Samuel Rosen uses the initial coin offerings market to support the long-standing theory that share retention mitigates information asymmetry between entrepreneurs and investors.
A New Way to Measure Expectations of Future Stock Returns
The prices of credit default swaps are useful when estimating the risk-neutral distributions of individual firms.
How do financial analysts shape firms’ non-GAAP reporting?
Financial analysts play an important role in holding managers accountable when firms present data that is not audited.
Less than half of eligible public firms accepted COVID-19 relief loans
The Paycheck Protection Program, a segment of the Coronavirus Aid, Relief and Economic Security Act, allocated an unprecedented $349 billion fund toward business relief. Why did so many public firms turn down free resources?
Accounting restatements reduce the amount of liquidity that banks create – but why?
Banks that issue accounting restatements create less liquidity in the economy, but not for the reason that you might expect.
How reciprocity lead to conflicts of interest in underwriter syndications
Larger banks pressure syndication underwriters to show their client in a positive light–and punish those that don’t.
Transforming accounting with artificial intelligence
Cory Ng published a book that helps accountants incorporate AI initiatives to increase productivity and profitability.
How are politicians influencing independent regulators?
Political pressure indirectly influences the quality of work performed by independent regulatory bodies.
Unpacking the assumption that stock option compensation leads to earnings management
Hyun Jong Park provides evidence that the traditional belief of the relationship between executive risk-taking incentives and earnings management doesn’t hold true in many circumstances
Businesses are facing unforeseen challenges. Can captive insurance models protect them?
As the changing global environment puts new stresses on businesses, captive insurance may be the key to handling the evolving challenges of modern day .
Using Language to Identify Underserved Groups
Amir Shoham uses gendered language marking to demonstrate that global microfinance institutions are targeting services to women in most need.
Should Your Company Consider Creating A Finance Committee?
Why do some firms benefit from finance committees while others do not?
The Benefits of Cross-Selling for Firms and Banks
Cross-selling allows banks to better monitor their borrowers and reduces interest rates for firms.