Books+ Search Results
Competition Culture and Corporate Finance A Measure of Firms' Competition Culture Based on a Textual Analysis of 10-K Filings
Author
Title
Competition Culture and Corporate Finance [electronic resource] : A Measure of Firms' Competition Culture Based on a Textual Analysis of 10-K Filings / by Terry Harris.
ISBN
9783031301568
Edition
1st ed. 2023.
Publication
Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2023.
Physical Description
1 online resource (XV, 249 p.) 2 illus.
Local Notes
Access is available to the Yale community.
Access and use
Access restricted by licensing agreement.
Summary
"I highly recommend 'Competition Culture and Corporate Finance' to anyone interested in understanding the role of corporate culture in the field of finance. Dr. Terry Harris provides valuable insights into the impact of competition culture on various phenomena in corporate finance, including stock return performance, idiosyncratic stock price crash risk, meeting/beating analysts' earnings expectations, and earnings management activity. The findings have significant policy implications and will be of interest to regulators, accounting standard-setters, managers, and those charged with firm governance." - Laurence Ferry, Professor of Accounting, Durham University, United Kingdom "If you're interested in understanding the complex relationship between corporate culture, competition, and financial outcomes, then Dr. Terry Harris's book, 'Competition Culture and Corporate Finance,' is a must-read. Using innovative methods like natural language processing (NPL) and textual analysis of firms' 10-K filings, Dr. Harris provides an insightful and detailed analysis of the impact of competition culture on various phenomena in corporate finance. The book's findings shed light on critical issues like institutional ownership structure, stock return performance, idiosyncratic stock price crash risk, meeting/beating analysts' earnings expectations, and earnings management activity." - Omneya Abdelsalam, Professor of Accounting & Finance, Durham University, United Kingdom This book introduces a measure of firms' competition culture based on a textual analysis and natural language processing (NPL) of firms' 10-K filings. Using this measure, the book explores the relationship between competition culture and various phenomena in corporate finance, specifically, institutional ownership structure, stock return performance, idiosyncratic stock price crash risk, meeting/beating analysts' earnings expectations, earnings management activity, and lending activity, for a large sample of US-based financial and non-financial firms. The findings of the book have significant policy implications and will be of interests to regulators, accounting standard-setters, managers and those charged with firm governance, career academics and researchers, graduates, and those generally interested in the role played by corporate culture in the related fields of finance, economics, and accounting. Terry Harris is an Associate Professor at Durham University Business School, Durham University, United Kingdom.
Variant and related titles
Springer ENIN.
Other formats
Printed edition:
Printed edition:
Printed edition:
Format
Books / Online
Language
English
Added to Catalog
May 09, 2023
Contents
Chapter 1 Introduction
Chapter 2 Literature Review: What is Culture?
Chapter 3 Literature Review: What is Textual Analysis, and can we use it to Measure Corporate Culture?
Chapter 4 Institutional Investors and Competition Culture
Chapter 5 Competition Culture and Performance
Chapter 6 Competition Culture and Crash Risk
Chapter 7 Competition Culture and Meeting/Beating Analysts' Earnings Forecasts
Chapter 8 Competition Culture and Earnings Management
Chapter 9 Competition Culture and Bank Lending
Chapter 10 Conclusion.
Subjects
Also listed under
SpringerLink (Online service)
Bookmark As
Citation
