Abstract The Securities and Exchange Commission (SEC) has mandated new disclosure
requirements in Form 8-K, which became effective on August 23, 2004. The SEC expanded …

Using a comprehensive sample of non-earnings 8-K filings from 2005 to 2013, we examine
whether firms strategically report mandatory and voluntary news. In particular, we examine …

Regulators claim that increased mandated disclosure frequency should lead to more
efficient price formation. However, analytical models suggest that mandating disclosure may …

In recent years, firms reporting revisions of prior financial statements outnumber those
reporting restatements. Misstatements that are material to prior periods are required to be …

This paper examines the pricing efficiency of 8‐K filings for events other than earnings
announcements. Since these filings provide timely information that is material to investors …

Analysts' functions are divided into discovery and interpretation roles, but distinguishing
between the two is nontrivial. We conjecture that analysts' interpretation skill can be gauged …

DeAngelo, L.(1986). Accounting numbers as market valuation substitutes: A study of
management buyouts of public stockholders. The Accounting Review, 61, 400–420 …

Abstract The Securities and Exchange Commission (SEC) requires Form 8-K filings of
quantitative deficiency notices. This study examines whether investors use these 8-K filings …

Using a comprehensive sample of non-earnings 8-K filings from 1996 to 2011, we examine
whether firms engage in opportunistic reporting of mandatory and voluntary news. We find …

I investigate how career concerns influence banking analysts' forecasts and find that
banking analysts issue relatively more optimistic forecasts early in the year and more …