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作者：Sobol, Carly G.; Praska, Corinne; Schwarze, Margaret L.
作者单位：University of Wisconsin System; University of Wisconsin Madison
摘要：Vascular surgeons are often responsible for navigating treatment decisions when caring for older adults. Care for these patients is informed by the surgeon's assessment of the patient's decision-making capacity, use of advance care planning, and understanding of futility. Having difficult conversations with patients and their families is supported by strategies that promote empathic communication and shared decision making with older adults with serious illness due to, and associated with, vas...
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作者：deHaan, Ed; Lee, Charles M. C.; Loh, Wei Ting
作者单位：Stanford University; University of Washington; University of Washington Seattle; Singapore Management University
摘要：Local-thinking bias, wherein agents overweight information that comes readily to mind, is a prominent finding in cognitive psychology. In this study, we investigate local-thinking bias in the context of sell-side analysts and measure each analyst's local information as news stemming from their individual coverage portfolio. Tests examining multiple analysts forecasting on the same focal firm at the same time find that individual analysts overweight idiosyncratic local news and underweight news...
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作者：Ott, Jacob C.
作者单位：Purdue University System; Purdue University
摘要：Basel III introduced the first global banking liquidity requirement: the liquidity coverage ratio (LCR). This paper examines whether loosening the regulatory accounting for the LCR, by including certain municipal bonds in its computation, has a spillover effect on the municipal bond market. In contrast to statements made by regulators, I find that the rule decreases affected bonds' yield spread, relative to unaffected bonds, due to an increase in nonfundamental bank demand for the affected bon...
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作者：Li, Ben; Montero-Baker, Miguel; Lepow, Brian D.
作者单位：University of Toronto
摘要：Lower extremity amputation secondary to diabetes and/or peripheral artery disease is a significant health issue globally. Many amputation prevention programs exist in academic settings; however, given the increasing administrative burdens associated with large institutions, it can be challenging to develop and maintain such programs in the modern era. Private amputation prevention clinics may be a viable alternative, allowing for greater control over services provided and better ability to mee...
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作者：Warren, James D.
作者单位：Texas A&M University System; Texas A&M University College Station; Mays Business School
摘要：Prior work documents that managers increase the quantity of earnings guidance provided after exogenously losing coverage from an equity analyst. I examine how analysts influence guidance quality. I find that following an exogenous reduction in analyst coverage, managers issue earnings guidance that is lower quality (i.e., it is less accurate). This result varies predictably based on managers' incentives, features of the firm's analyst coverage, and the presence of other intermediaries. Overall...
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作者：Files, Rebecca L.; Martin, Gerald S.; Sun, Yan
作者单位：Baylor University; American University; Central Michigan University
摘要：Following securities law violations, regulators can require firms to hire a corporate monitor to implement reforms that limit future misconduct and protect investors. We examine the determinants of including a corporate monitor as equitable relief in an enforcement action, as well as their effectiveness in promoting positive change at a firm. Using a structural equation model that jointly determines monetary and nonmonetary sanctions, we find that monitor assignments are related to the nature ...
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作者：Leo, Wen Zhe; Ge, Lixia; Chandrasekar, Sadhana; Tan, Elaine; Loh, Yi Bing; Zhu, Xiaoli; Liew, Huiling; Yong, Enming; Chew, Tiffany; Hoe, Jeremy; Law, Chelsea; Lin, Jaime; Lim, Jo Anne; Lingam, Pravin; Molina, Joseph; Ang, Gary; Sun, Yan; Lo, Zhiwen Joseph
作者单位：Tan Tock Seng Hospital; Tan Tock Seng Hospital; Tan Tock Seng Hospital
摘要：Diabetic foot ulcers (DFUs) and lower extremity amputations (LEAs) threaten survival and quality of life (QoL) of patients, contributing to healthcare and economic burden. Guidelines advocate for a multidisciplinary team (MDT) approach, but limited literature exists on costeffectiveness and collaboration with primary care. We present the outcomes of the Diabetic Foot in Primary and Tertiary (DEFINITE) Care program, an MDT initiative in Singapore across primary and tertiary care. Patients with ...
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作者：Lyle, Matthew R.
作者单位：Emory University
摘要：This paper provides an accounting-based valuation model that predicts that cross-sectional variation in firm-level returns to investments in both stock and stock return volatility are related to cross-sectional variation in firm-level fundamentals. The model predicts that expected stock returns have a positive quadratic relation with stock return variance and a negative quadratic relation with gains to trading in stock return variance. Consistent with these predictions, firms with high model-i...
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作者：Smith, Kevin C.
作者单位：Stanford University
摘要：The impact of earnings announcements (EAs) on investor uncertainty depends not only on how much new information they contain but also on how long it would take comparable information to arrive in the future through alternative sources, which I term earnings horizon. Using a structural model of periodic EAs, I show that earnings horizon is not captured by standard empirical measures of earnings informativeness or timeliness based on the event- study approach. However, earnings horizon can be es...
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作者：Chen, Jing; Dou, Yiwei; Ryan, Stephen G.; Zou, Youli
作者单位：Stevens Institute of Technology; New York University; University of Connecticut
摘要：In the wake of the financial crisis, policymakers expressed the concern that the incurred loss model delays loan loss recognition to economic stress periods and thereby exacerbates banks' lending contraction during these periods. Addressing this concern, the FASB issued Accounting Standards Update 2016-13, which requires large public banks to accrue for loan losses using the current expected credit loss (CECL) approach starting in January 2020. We hypothesize and find that banks that adopted C...
