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Use Of Visualization In Digital Financial Reporting: The Effect Of Sparkline, Priyanka Meharia

Theses and Dissertations--Business Administration

Information visualization (InfoViz) is an essential component of decision support systems (DSS). Sparklines is a visualization tool. This study examines if Sparklines in digital financial reports aids novice investors and if so under what circumstances? Does it enhances decision-making performance and facilitates effective decision-making experience? Additionally, does it lowers decision making effort; reduces dilution effect from non-relevant data in financial reports and mitigates recency bias in using digital financial reports?

The hypothesis is guided by the theory of Proximity Compatibility Principle and the Theory of Cognitive Fit. The research methodology for this study is a repeated measure, controlled laboratory based …

An Investigation Into Long-Run Abnormal Returns Using Propensity Score Matching, Sunayan Acharya

Theses and Dissertations--Business Administration

This is a study in two parts. In part-1, I identify several methods of estimating long-run abnormal returns prevalent in the finance literature and present an alternative using propensity score matching. I first demonstrate the concept with a simple simulation using generated data. I then employ historical returns from CRSP and randomly select events from the dataset using various alternating criteria. I test the efficacy of different methods in terms of type-I and type-II errors in detecting abnormal returns over 12- 36- and 60- month periods. I use various forms of propensity score matching: 1--5 Nearest Neighbors in Caliper using …