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Full-Text Articles in Business

Product Categories As Judgment Devices: The Moral Awakening Of The Investment Industry, Diane-Laure Arjaliès, Rodolphe Durand Jul 2019

Product Categories As Judgment Devices: The Moral Awakening Of The Investment Industry, Diane-Laure Arjaliès, Rodolphe Durand

Business Publications

Product categories are more than classification devices that organize markets; when reflecting market actors' purposes, they are also judgment devices. Taking stock of the literature on product categories and drawing on the distinction between the faculties of knowing and judging, we elaborate a framework that accounts for how and why market actors include or exclude normative attributes in a product category definition. Based on a field study of the development of Socially Responsible Investment (SRI) funds in France, we describe the phases and conditions of a judgment framework for category definition, for both established and nascent categories. We discuss implications …


Management Earnings Forecasts And Value Of Analyst Forecast Revisions, Yongtae Kim, Minsup Song Jul 2015

Management Earnings Forecasts And Value Of Analyst Forecast Revisions, Yongtae Kim, Minsup Song

Accounting

This study examines the stock-price reactions to analyst forecast revisions around earnings announcements to test whether preannouncement forecasts reflect analysts' private information or piggybacking on confounding events and news. We find that management earnings forecasts influence the timing and precision of analyst forecasts. More importantly, evidence suggests that prior studies' finding of weaker (stronger) stock-price responses to forecast revisions in the period immediately after (before) the prior-quarter earnings announcement disappears once management earnings forecasts are controlled for. To the extent that management earnings forecasts are public disclosures, our results suggest that the importance of analysts' information discovery role documented in …


Interlinkages Between Equity, Currency, Precious Metals And Oil Markets: An Emphasis On Emerging Markets, Lucia Morales Jan 2009

Interlinkages Between Equity, Currency, Precious Metals And Oil Markets: An Emphasis On Emerging Markets, Lucia Morales

Other resources

This thesis examines the interlinkages between equity, currency, precious metals and oil markets. The study follows an international approach with a special focus on emerging markets in Europe, Asia and Latin America, but without forgetting the importance of the G-7 that represents the most developed markets. The present research also focuses on the existence of interlinkages between these markets and the currency, oil, and precious metals markets. The author of this thesis considered it appropriate to implement such an analysis due to the fact that the relationships between financial markets, currency markets and the above-mentioned commodities markets have not been …


Regulation And Markets In A Certification Society, Shyam Sunder Nov 2006

Regulation And Markets In A Certification Society, Shyam Sunder

Shyam Sunder

No abstract provided.


Regulation And Markets In A Certification Society, Shyam Sunder Sep 2006

Regulation And Markets In A Certification Society, Shyam Sunder

Shyam Sunder

No abstract provided.


Regulation And Markets In A Certification Society, Shyam Sunder Sep 2006

Regulation And Markets In A Certification Society, Shyam Sunder

Shyam Sunder

No abstract provided.


Regulation And Markets In A Certification Society: Financial Reports Vs. Baseball Cards, Shyam Sunder Aug 2006

Regulation And Markets In A Certification Society: Financial Reports Vs. Baseball Cards, Shyam Sunder

Shyam Sunder

No abstract provided.


Regulation And Markets In A Certification Society: Financial Reports Vs. Baseball Cards, Shyam Sunder Aug 2006

Regulation And Markets In A Certification Society: Financial Reports Vs. Baseball Cards, Shyam Sunder

Shyam Sunder

No abstract provided.


Price Discrimination And Cost, Willard L. Thorp Mar 1937

Price Discrimination And Cost, Willard L. Thorp

Journal of Accountancy

No abstract provided.