What GAAP Earnings Reveal About the Future Job Market

New research develops predictions that link aggregate GAAP earnings to aggregate job creation and destruction.

When Managers Can Be Wrong But Still Right

Management forecasts – in particular, the parts that are wrong – may contain predictive information about future earnings even after earnings announcements.

Do Innovative Firms Communicate More?

New research finds that successful innovation, measured in patents, leads firms to issue more voluntary management forecasts, which can then spur more investment in the firm.

Confused by Unclear Accounting Information

In the grand scheme of the economy, the accounting information that individual firms report can have big impacts.

An Upside To Having Busy Board Members

"Multiple directorships may enhance firm performance through board connections, but may also hinder firm performance through time constraints," the authors write.

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