... Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only Cash flows Investment efficiency Overinvestment Agency theory Intangible assets Cash holdings G30 G31 M40 The free cash flow theory argues that managers are not willing to distribute cash...

... Facebook posts Social media information M40 M41 This study focuses on whether and how social media information helps to improve analysts’ forecast accuracy. Social media has gradually becomea popular communication channel for companies (Kaplan and Haenlein, 2010). Unlike traditional media...

... Licensed re-use rights only Auditor reputation Earnings persistence L84 M40 M41 M42 A horse called “Read the Footnotes” ran in the 2004 Kentucky Derby. He finished seventh, but if he had won, it would have been a victory for financial literacy proponents everywhere. It’s so important...