This paper examines how experiences with salient climate events affect workers’ employment preferences. We find that after a region experiences climate disasters, local firms with worse environmental performance fill job vacancies at a slower rate compared to those with better environmental performa

This paper examines how expert networks function as information intermediaries in private capital markets. The global expert network industry now exceeds $2.3 billion in annual revenue and holds growing economic importance, yet research on how these networks influence investment outcomes remains lim

Using regular SEC filings filed between July 2008 and December 2018 with and without redacted contracts, we document that insiders trade on the redacted private information and that insider selling activities appear to be more pronounced and last longer than insider buying activities. We further fin

Leveraging exogenous upgrades of outdoor workers’ heat protection policies in 2010 and 2012 in a large Chinese city, our research tests whether employers take strategic responses to mitigate or even offset the increase of human capital cost and, thus, harm the welfare of employees.

This paper examines the impact of financial misconduct announcements on import penetration. We find that industry-level import penetration increases significantly following such announcements by regulators.

1、如何更好理解中国的改革与制度变革？ 2、学术研究如何有用还有趣？ 3、学术研究之外，还有哪些是科研工作者的兴趣？

The transition in banks’ loan loss accounting from the incurred loss model to the expected loss model (CECL) requires a forward-looking approach to estimating credit losses over the lifetime of loans.

Usinga near-universe sample of job postings from 2010 to 2020, we find thatmanagers disclose good news of job demand before insider trading so thatthey could sell securities in higher price immediately following thedisclosure.

The negative association between pre-financing price run-ups and post-financingprice drift-downs is well documented in the literature. We find that firms experiencingpre-financing run-ups and firms experiencing post-financing long-termunderperformance may not always be the same firms. The firms with

Dr. Wei is an Associate Professor of Accounting and Union PacificResearch Fellow at Creighton University, which is located in Omaha, NE.Dr. Wei earned her Ph.D. in Accounting from the University of Maryland –College Park in May 2017. At Creighton, Dr. Weicurrently teaches undergraduate accounting an

TJ is a professor at the University of Southern California Marshall School of Business. His research focuses on the institutions and corporate governance of listed firms in emerging markets. He has served as editor for The Accounting Review, associate editor for Management Science and editorial boar

Using US firm-level data, we document significant differences in pollution abatement activities over the life cycle of firms. Under financial constraints, smaller and younger firms invest more in capital and engage less in pollution abatement; as they accumulate more net worth, their abatement activ