... capacity constraints to “hide” negative news. JEL Classifications: G12; G14; M41; M48. strategic disclosure disclosure processing costs investor attention We next develop and test hypotheses that explore cross-sectional variation in the decision to issue an unrelated press release...

... 2021 2022 SEC 8-K filings investor attention price discovery price pressure media coverage stale news The Securities and Exchange Commission's (SEC) goal in requiring 8-K filings is to provide “current information to help investors make informed decisions.” Yet, some filings...

... Lent, under the Senior Editorship of Mary E. Barth. 1 1 2018 1 6 2020 2021 economic policy uncertainty accounting quality earnings management investor attention monitoring press freedom Although practitioners identify industry- and economy-wide factors...

... visibility. Overall, we show there is significant local bias in search, and that this local bias has a significant impact on the market response around earnings announcements. Our study contributes to the literatures on local bias, information dissemination, and investor attention. Prior research has...