Research Papers / Publications


  • Henry Friedman, Mirko S. Heinle (2016), Taste, Information, and Asset Prices: Implications for the Valuation of CSR, Review of Accounting Studies, Forthcoming.  Abstract
  • Christopher Armstrong, S. Huang (Working), Corporate Hedging and the Design of Incentive-Compensation Contracts.
  • Christopher Armstrong, S. Huang, Daniel Taylor (Working), The Effect of Institutional Ownership on Corporate Transparency.
  • Christopher Armstrong, John Core, Wayne Guay (Working), Why do CEOs hold so much equity?.
  • Christopher Armstrong, Carlo Gallimberti, David Tsui (Working), Debt contracting and risk taking incentives.
  • Christopher Armstrong, David F. Larcker, Gaizka Ormazabal (Work In Progress), Measuring Risk-Taking Equity Incentives.
  • Jennifer Blouin, Brian Bushee, Stephanie Sikes (Under Revision), Tax-Sensitive Institutional Investors .
  • Jennifer Blouin, Linda K. Krull, Casey Schwab (Under Revision), The Effect of the Domestic Manufacturing Deduction on Corporate Payout Behavior.
  • Jennifer Blouin, H. Huizinga, L. Laeven, G. Nicodeme (Under Review), Thin Capitalization Rules and Multinational Firm Capital Structure .
  • Jennifer Blouin, Linda K. Krull, Leslie Robinson (Under Review), The location and composition of permanently reinvested earnings .
  • Jennifer Blouin, Leslie Robinson, Jeri Seidman (Under Review), Coordination of Transfer Prices on Intra-Firm Trade .
  • Karthik Balakrishnan, Jennifer Blouin, Wayne Guay (Under Review), Does Tax Aggressiveness Reduce Financial Reporting Transparency?.
  • Jennifer Blouin, Linda K. Krull, Leslie Robinson (Work In Progress), The investment implications of permanently reinvested earnings. .
  • Jennifer Blouin, Linda K. Krull (Work In Progress), Does Organizational Form Affect Firms’ Foreign Operations? The Role of “Check-theBox” on Multinational Tax Planning? .
  • Terrence Blackburne, Jennifer Blouin (Work In Progress), Understanding the Informativeness of Book-Tax Differences.
  • Jennifer Blouin, Mary Ellen Carter (Work In Progress), The Economics of Restricted Stock and the Section 83(b) Election .
  • Jennifer Blouin, Bryan Cloyd (Work In Progress), Price Pressure from Dividend Reinvestment Activity: Evidence from Closed-End Funds .
  • Jennifer Blouin, M Devereux, D. Shackelford (Work In Progress), Investment, Tax Uncertainty, and Aggressive Tax Avoidance .
  • Jennifer Blouin, Irem Tuna (Work In Progress), Tax Contingencies: Cushioning the Blow to Earnings? .
  • Matthew Cedergren, Baruch Lev, Paul Zarowin (Under Revision), SFAS 142, Conditional Conservatism, and Acquisition Profitability and Risk.
  • Matthew Cedergren (Working), Joining the Conversation: How Quiet is the IPO Quiet Period?.
  • Mary Brooke Billings, Matthew Cedergren, Svenja Dube (Working), Do Managers Respond to Litigation With Silence?.
  • Mary Brooke Billings, Matthew Cedergren, Stephen Ryan (Working), R&D Jumps as Exercises of Real Continuation Call Options.
  • Matthew Cedergren, Changling Chen, Kai Chen (Working), The Implication of Unrecognized Intangible Assets on the Relation between Market Valuation and Debt Valuation Adjustment.
  • Brian Bushee, Matthew Cedergren, Jeremy Michels (Work In Progress), Predictive ability of institutional trading around the first earnings announcement after the IPO.
  • Paul Fischer, Jarred Jennings, Mark Soliman (Working), Meeting, Beating, Streaks and Bubbles.
  • Paul Fischer, Hong Qu (Working), Coarse Reporting and Cooperation.
  • Wayne Guay, Delphine Samuels, Daniel Taylor (Working), Guiding Through Fog: Financial Statement Complexity and Voluntary Disclosure.
  • Wayne Guay, Daniel Taylor, Liang (Jason) Xiao (Working), Adapt or Perish: Evidence of CEO Adaptability to Industry Shocks.
  • Wayne Guay, Robert E. Verrecchia (Working), Conservative Disclosure.
  • John Core, Wayne Guay (Working), When are Executive Compensation and Incentives Appropriately Measured by Their Market Values?.
  • John Core, Wayne Guay (Working), The Other Side of the Trade-Off: The Impact of Risk on Executive Compensation: A Revised Comment.
  • Paul Fischer, Mirko S. Heinle, Kevin Smith (Work In Progress), Strategic Listening.
  • Henry Friedman, Mirko S. Heinle (Work In Progress), Lobbying and uniform disclosure regulation.
  • Mirko S. Heinle, Kevin Smith (Work In Progress), A Theory of Risk Disclosure.
  • Mirko S. Heinle (Work In Progress), The Use of Price and Accounting Information in Compensation Contracts.
  • Francesca Franco, Christopher D. Ittner, Oktay Urcan (2016), Determinants and Trading Performance of Equity Deferrals by Corporate Outside Directors , Management Science, Forthcoming.  Abstract
  • Joseph Gerakos, Christopher D. Ittner, Frank Moers (Under Revision), Compensation Objectives and Business Unit Pay Strategy.
  • Christopher D. Ittner, D. Oyon (Under Revision), CFO Risk Ownership and the Influence of the Finance Function on Enterprise Risk Management.
  • H. Chang, J. Chen, R. Duh, Christopher D. Ittner (Under Revision), “Is Sunlight the Best Disinfectant? Evidence From Differential Auditor Fee Disclosure Requirements.
  • Christopher Armstrong, Christopher D. Ittner, David F. Larcker (Working), The Determinants and Ratings Implications of Performance Appraisal Plan Characteristics.
  • Christopher D. Ittner, Jeremy Michels (Under Review), Risk-Based Planning and Control Practices and Management Earnings Forecasts.
  • Christopher D. Ittner, Thomas Keusch (Working), The Influence of Board of Directors’ Risk Oversight on Risk Management Maturity and Firm Risk-Taking.
  • Christopher Armstrong, Yuen Kit Chau, Christopher D. Ittner, Liang (Jason) Xiao (Working), Internal Versus External Earning per Share Goals and CEO Incentives.
  • Jonathan Rogers, Catherine M. Schrand, Sarah Zechman (Working), Do managers tacitly collude to withhold industry-wide bad news?.
  • Kathryn Dewenter, Catherine M. Schrand, Clare Wang (Working), The impact of currency risk on US MNCs: New evidence from returns and cross-border investment around currency crises.
  • Karthik Balakrishnan, Catherine M. Schrand, Rahul Vashishtha (Working), Analyst recommendations, traders’ beliefs, and rational speculation.
  • Catherine M. Schrand, Daniel Taylor, Beverly Walther, Clare Wang (Working), Information diffusion as reflected in analyst forecast revisions.
  • Christian Leuz, Catherine M. Schrand (Working), Voluntary disclosure and the cost of capital: Evidence from firms’ responses to the Enron shock.
  • Carlo Gallimberti, Christopher D. Ittner (Work In Progress), Management Sales Forecasts and Capital Expenditure Decisions.
  • Christopher D. Ittner (Work In Progress), Bringing Big(ger) Data to Managerial Accounting Research.
  • Jeremy Michels, Robert E. Verrecchia (Working), Is Disclosure Priced Ex Ante?.
  • Christopher Armstrong, George Foster, Daniel Taylor (2016), Abnormal Accruals in Newly Public Companies: Opportunistic Misreporting or Economic Activity?, Management Science, 62 (5), 1316 - 1338.  Abstract
  • Alex Edmans, Mirko S. Heinle, Chong Huang (2016), The Real Costs of Financial Efficiency When Some Information Is Soft, Review of Finance, forthcoming
  • Paul Fischer, Mirko S. Heinle, Robert E. Verrecchia (2016), Beliefs-driven price association, Journal of Accounting and Economics, 61 (2-3), 563 - 583.  Abstract
  • Christopher Armstrong, Daniel Taylor, Robert E. Verrecchia (2016), Asymmetric Reporting, Journal of Financial Reporting, 1 (1), 15 - 32.  Abstract
  • Bernadette A. Minton, Catherine M. Schrand (2016), Institutional investments in pure play stocks and implications for hedging decisions , Journal of Corporate Finance, 37, 132 - 151.  Abstract
  • Brian Bushee, Henry Friedman (2016), Disclosure Standards and the Sensitivity of Returns to Mood, The Review of Financial Studies, 29 (3), 787 - 822.  Abstract
  • Luzi Hail, Stephanie Sikes, Clare Wang (2016), Cross-country evidence on the relation between capital gains taxes, risk, and expected returns, Journal of Public Economics  Abstract
  • Stephanie Sikes (Work In Progress), Aggregate Corporate Tax Avoidance and Cost of Capital.  Abstract
  • Mirko S. Heinle, Henry Friedman (2016), Lobbying and uniform disclosure regulation, Journal of Accounting Research, forthcoming.  Abstract
  • Mirko S. Heinle, Robert E. Verrecchia (2016), Bias and the Commitment to Disclosure, Management Science, Forthcoming.  Abstract
  • Stephanie Sikes, Leslie Robinson, Pavel Savor (Work In Progress), Do investors view income tax expense as less value relevant post FIN 48?.  Abstract