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作者：Artz, Martin; Holzhacker, Martin; Hoppe, Andre
作者单位：University of Munster; Michigan State University; Michigan State University's Broad College of Business; KU Leuven
摘要：We examine whether firms strategically increase cost rigidity to adopt an aggressive product market stance. Using large cuts in industry-level import tariff rates as a setting, we find that domestic firms respond to a looming competitive threat from foreign rivals by raising cost rigidity. This increase cannot plausibly be explained by investments to create physical excess capacity, suggesting firms enter cost commitments for labor and procurement instead. Additional tests corroborate the hypo...
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作者：Johnson, Cali; Shalhub, Sherene; Cheema, Mohiuddin; Rathore, Animesh; Kougias, Panos; Magee, Gregory; Mussa, Firas F.
作者单位：Utah System of Higher Education; University of Utah; Oregon Health & Science University; Old Dominion University; University at Albany, SUNY; State University of New York (SUNY) System; SUNY Downstate Health Sciences University; NYU Langone Medical Center
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作者：Bach, Amadeus; Onori, Simona; Reichelstein, Stefan; Zhuang, Jihan
作者单位：University of Mannheim; Stanford University; Stanford University
摘要：In response to growing economic and environmental concerns, companies in a range of industries seek to repurpose products (assets) that retain functional capacity beyond their initial first life. This paper examines a generic valuation model for used capacity assets that can either be recycled immediately or repurposed for a second life application. We apply our model framework to lithium-ion batteries retired from electric vehicles, as these assets typically retain substantial energy storage ...
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作者：Magee, Gregory A.; Mussa, Firas F.
作者单位：NYU Langone Medical Center
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作者：Yang, Liu; Zhu, Min
作者单位：University of Wyoming; University of Queensland
摘要：Accounting misstatements are often detected with substantial delays, leading to look-ahead bias in model predictions if the detection lag is not considered. Moreover, the misstatement data-generating process is evolving due to regulatory regime shifts, further complicating the evaluation of model predictions. We design an approach that accounts for detection lags and continuously updates models to adapt to the changing datagenerating process. By comparing with the conventional approach that ig...
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作者：Drudi, Laura M.; Charbonneau, Philippe; Pyun, Alyssa J.; Mussa, Firas F.
作者单位：Universite de Montreal
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作者：Zhou, Aner; Allen, Eric J.; Du, Fei; Young, S. Mark
作者单位：California State University System; San Diego State University; University of California System; University of California Riverside; University of Illinois System; University of Illinois Urbana-Champaign; University of Southern California
摘要：Revenue-sharing contracts allow firms that are distant from their target markets to leverage sellers' local expertise. Although these contracts align incentives in operational decisions, they also introduce the potential for sellers to underreport revenues. We analyze film-level box office data from 7,309 Chinese cinemas and find that cinemas report significantly lower revenues for foreign films than for comparable domestic films, consistent with foreign producers being less able to monitor re...
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作者：Halabi, Mouhammad; Ding, Jessica; Salim, Safa; Bicknell, Colin; Budtz-Lilly, Jacob; Magee, Gregory A.; Mussa, Firas F.; Kabbani, Loay
作者单位：Henry Ford Health System; Henry Ford Hospital; New York University; Imperial College London; Aarhus University
摘要：Clinical equipoise-genuine uncertainty within the expert community regarding the relative merits of competing treatments-forms the ethical and scientific foundation of randomized controlled trials. The growing adoption of thoracic endovascular aortic repair (TEVAR) for uncomplicated type B aortic dissection (uTBAD) has increasingly challenged the principle of clinical equipoise in the treatment algorithm of uTBAD. Optimal medical therapy remains the accepted standard in the treatment of uTBAD....
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作者：Matabele, Mario; Newhall, Karina; Drudi, Laura M.; Curi, Michael A.; Salem, Karim; Mussa, Firas F.; Mix, Doran S.
作者单位：University of Rochester; Universite de Montreal; Rutgers University System; Rutgers University New Brunswick; Rutgers University Biomedical & Health Sciences
摘要：Cocaine and amphetamine use is strongly associated with Type B aortic dissection (TBAD). This disproportionately affects younger patients, who are more likely to present with complicated disease and experience greater postoperative morbidity. Stimulant-positive patients are often underrepresented or excluded from prospective trials evaluating optimal medical therapy, thoracic endovascular aortic repair, and perioperative management. Ethical concerns, medicolegal risk, stigma, and barriers to f...
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作者：Courson, Bethany A.
作者单位：University of Missouri System; University of Missouri Columbia
摘要：I use a unique setting in the municipal bond market to examine the impact of compliance auditing on bond yields. SEC Rule 15c2-12 requires bond issuers to provide annual financial and operating disclosures to investors over the life of the bonds. Due to concerns of noncompliance, Louisiana passed a state law requiring auditors to test for compliance with Rule 15c2-12. I find that bond yields in the municipal bond market decrease by 21 basis points after the audit law for previously noncomplian...
