信息披露不仅影响资本市场，对于产品市场中的资源配置效率产生重要影响。本讲座将结合有关研究，讨论信息披露在产品市场中的经济后果，侧重于考察信息披露在招标采购中的作用。

We examine the differences in corporate culture as depicted by executives and employees and the associated value implications. Applying a supervised machine learning technique and a nine-cultural-dimension framework, we measure executive-depicted culture (EXEC) based on executive earnings call commu

This paper investigates the real and capital market effects of a mandatory change in the presentation format of research and development (R&D) expense. We utilize a setting of China’s implementation of a new presentation format of corporate R&D expense that requires Chinese public firms to prese

Social audits help customers to assess the ESG performance of their suppliers to ensure that they are working with sustainable suppliers. This study investigates the impact of mandatory ESG disclosure on firms’ employment of social audits in terms of SMETA audits. We find that firms are more likely

Global warming has been a growing global concern that forces regulators to find ways to promote green justice and imposes significant environmental litigation cost on firms and in turn, reduce environmental damage. We examine whether the staggered establishment of environmental courts and tribunals

The push for pay transparency as a mechanism to promote fairness in employee compensation has recently gained momentum. In this study, we exploit the state-level staggered adoption of pay transparency laws to study how pay transparency affects firms’ product recalls. We find an increase in produ

This study provides novel evidence on the magnitude of switching costs in auditing. We use a discrete choice approach to infer switching costs from clients’ auditor choices. The demand estimation reveals that switching costs matter and that they differ by the direction with switching from non-Big 4

Exploiting the country-level mandatory adoption of public credit registries (PCRs), which improve banks’ ability to monitor borrowers through sharing their credit information among banks, we document a negative impact of enhanced bank monitoring ability on firms’ decisions to voluntarily provi

Retail investors have become more vocal in pressuring firms to improve their environmental performance, yet little is known about whether and when firms respond to these pressures. We conduct a field experiment on investor online platforms where we inject investor pressure by posting requests for en

Institutional investors often simultaneously hold large stakes in same-industry firms (hereafter common ownership). This study intends to explore the implications of common ownership for incentive contracting by examining the relation between common ownership and peer selection in relative performan

This study examines whether improved environmental, social, and governance (ESG) transparency enhances firms’ competitiveness for foreign government procurement contracts. Exploiting the staggered adoption of mandatory ESG disclosure requirements across countries, we find that, following the ESG

【讲座时间】2023年11月21日 14:00 【讲座地点】会计学院108室【讲座主题】人工智能、算法、另类数据与会计研究：“计算机+会计”=？【嘉宾介绍】李晓荣，上海交通大学安泰经济与管理学院讲师，博士 复旦大学计算机软件与理论专业博士。李老师长期从事基于信息技术的会计学、金融学研究，形成“经济含义智能化计量”系列性研究成果，该系列研究成果相关的信息技术有人工智能、自然语言处理、大数据、云计算等，在Management Science,International Review of Financial Analysis,Accounting Horizons等期刊发表多篇论文，另有两篇工作