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19 Oct 2023: which is a tendency for overreaction to be greater when responding to good news. ... and bad news. The extension is made by including an additional dummy variable to.

9 Jul 2023: On average the evidence suggests that non-executives promote shareholders’ interests through increased monitoring and also that good managers prefer boards with more outsiders [Weisbach (1988), Rosenstein and Wyatt (1990), Byrd ... over 48% (according

9 Jul 2023: The relatively small industry and its concentration in a few locations in Britain mean that gossip and ‘news’ about an individual’s quality of work and reputation can spread easily. ... expectation that bad news travels faster than good news.

9 Jul 2023: Separately, our downside risk hypothesis suggests that stronger governance may decrease the likelihood of very bad outcomes, but not improve the likelihood of very good outcomes.2 Downgrade (upgrade) returns should ... Bloomberg is our source for ratings

9 Jul 2023: Japanese history provides a good example from political governance of what happens when those in power impose formal change that does not coincide with the direction of informal institutional pressures. ... The chairman of a listed company commented:

9 Jul 2023: Their asymmetric information model shows that stock issues always convey bad news and reduce the stock price, unless the issue is a foregone conclusion. ... DeAngelo/DeAngelo/Rice (1984), initially working on information issues related to “going

9 Jul 2023: 21. 1.2 Token Creation, Initial Distribution, and Secondary Market Trading. 23Token creation. ... 36. 2.4 Regulatory Processes. 39Consultations. 39Information and knowledge sharing between regulators.40.

9 Jul 2023: perfectly reveals a borrowerto be the low type while a good signal is inconclusive.20 In the following, we use high (low) signalsand good (bad) signals exchangeably. ... This assumption, together with the bad-news signal structure,implies that in our

9 Jul 2023: 1. contribution, and then gets a payoff normalized to one if the project is good. ... the wisdom of the crowd to distinguish good projects from bad ones.

9 Jul 2023: Dasgupta et al. (2002) review early works showing environmental news sensitivity ofstock markets with gains from good news and losses from bad ones. ... If C C̃, its profits equal the NPV and are independent of C.