Study from two professors from Harvard Business School and U. Penn looks at key drivers in the success of investor relations strategies. According to the authors, IR strategy often “must progress in stages, with increased visibility and trading by the existing investor base preceding increases in following by institutions and analysts.”
University of Pennsylvania, Wharton School
Posted inFrom the Archive
How Important is Corporate Governance?
84-page study by three professors at the Wharton School at UPenn examines the relationship between a broad set of corporate governance factors and various measures of managerial behavior and organizational performance.
Posted inAccounting & Auditing
Fees Paid to Audit Firms, Accrual Choices and Corporate Governance
Study by two professors at the University of Pennsylvania’s Wharton School of Busiess examines the relationship between the fees paid to auditors for audit and non-audit services, and the choice of accrual measures for a large sample of firms.
Posted inFrom the Archive
Regulation Fair Disclosure, Information, And The Cost Of Capital
Study by three Wharton professors finds that the adoption of Reg FD caused a “significant reallocation of information-producing resources,” resulting in a welfare loss for small companies that subsequently face higher costs of capital.
