Browsing by Author "Black, Ervin"

Now showing items 1-5 of 5

    • Do Non-GAAP Exclusions Impact the Extent to Which Current Returns Reflect Future Earnings Information? 

      Brockbank, Bryan G. (2017-05-12)
      Motivated by regulators’ concerns about non-GAAP financial measures and building on research that finds more informative disclosures allow current stock returns to better reflect future earnings, I examine whether non-GAAP ...

    • The Effects of Audit-Firm Monopoly Within Local Audit Markets 

      Ahn, Jaehan (2017-05-12)
      This study examines auditors who monopolize audit markets (monopolist auditors), defined as a particular industry within a city (Numan and Willekens 2012), and their pricing strategy as well as audit quality. I document ...

    • Manager-Debtholder Alignment and Opportunistic Income Smoothing 

      Shu, Qing (2016-05-13)
      Managers’ risk preferences are typically greater than those of debtholders. Managers have the potential to gain from risky activities, but debtholders share only in the losses. Debtholders recognize their misalignment with ...

    • Non-GAAP Disclosure and Classification Shifting 

      Ha, Seoyoon (Kelly) (2021-05-14)
      I investigate two discretionary reporting strategies used by managers to highlight core performance – non-GAAP disclosure and classification shifting. Non-GAAP disclosures represent managers’ voluntary disclosure of GAAP ...

    • Strategic Non-disclosure of Major Customer Identity 

      Akamah, Herita (2016-05)
      This study investigates firms’ decision to withhold the identity of their major customers. I first document that the extent of private firms in the industry (private firm intensity) relates positively to non-disclosure of ...