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作者：Zou, Yuan
作者单位：Harvard University
摘要：The past two decades have witnessed dramatic growth in passive investing via exchange-traded funds (ETFs). To the extent that ETF flows reflect nonfundamental investor demand, large ETF flows may push the prices of the underlying stocks away from their fundamental values. Consistent with this conjecture, I first find that ETF flows chase past fund performance, suggesting that ETF flows contain a systematic nonfundamental demand component. I then document that ETF flow-induced trading is associ...
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作者：Davidson, Samuel O.; Gomez, Enrique A.; Heflin, Frank; Wallace, Dana
作者单位：Baylor University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Temple University; University System of Georgia; University of Georgia; State University System of Florida; University of Central Florida
摘要：We examine commonly used indicators of aggressive non-GAAP exclusions and find that the majority perform poorly at identifying low-quality exclusions in terms of decision usefulness for investors. We propose a new firm-quarter-specific indicator that identifies instances in which GAAP earnings quality is high (i.e., when firms have less need to provide non-GAAP metrics) but managers disclose non-GAAP earnings anyway. Our new indicator is easy to calculate, requires minimal data, and performs f...
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作者：Sorber, Rebecca; Byers, Peter H.; Schwarze, Ulrike; Buber, Yonatan; Kirkpatrick, James N.; Otto, Catherine M.; Deroo, Scott C.; Zettervall, Sara L.; Burke, Christopher R.; Sweet, Matthew P.
作者单位：Washington University (WUSTL); University of Washington; University of Washington Seattle; University of Washington; University of Washington Seattle; University of Washington; University of Washington Seattle; University of Washington; University of Washington Seattle; University of Washington; University of Washington Seattle
摘要：Background: Multidisciplinary aortic teams (MAT) are integral to the management of aortic pathology. This study quantifies the effects of MAT implementation on aortic case volumes, practice patterns and surgical productivity at a single academic institution. Methods: Patients receiving aortic procedures were identified using CPT codes. Three time periods were defined: 2 years prior to MAT (2018), the first year with MAT (2020), and 2 years post implementation of MAT (2022). Full MAT was define...
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作者：Hanlon, Michelle
作者单位：Massachusetts Institute of Technology (MIT)
摘要：To commemorate the 100th anniversary of The Accounting Review, I was asked to provide my forecast of the future of tax research in accounting. In sum, my opinion is that the future is bright and full of opportunities for tax scholars. Governments are altering corporate income tax laws in fundamental ways and questions about how these changes affect investment, investment location, income shifting, corporate capital structure, and financial reporting will be very important aspects to study. New...
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作者：Dowling, Caitlin; Chu, Lucy; Etkin, Yana; Oropallo, Alisha
作者单位：Northwell Health; Northwell Health
摘要：Nonhealing wounds are increasingly prevalent, present in 1% to 2% of the global population, with higher incidence in geriatric patients. These chronic wounds pose challenges to older adult patients owing to physiologic changes that hinder healing, common medical comorbidities that promote inflammation and damage microcirculation, poor nutritional status and mobility, and psychosocial barriers to receiving care. In this literature review, the epidemiology, pathophysiology, systems costs, and ma...
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作者：Sudina, Yashashwini; Anan, Hind; Daher, Joelle; Chaer, Rabih A.
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; UPMC Presbyterian; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; State University of New York (SUNY) System; Stony Brook University; Stony Brook University Hospital
摘要：Chronic mesenteric ischemia (CMI) is a rare, yet increasingly prevalent, condition, especially among older adults. Diagnosing CMI in older adults presents significant challenges. Along with the burden of comorbidities and the physiological changes associated with aging, timely intervention is often delayed, leading to poorer outcomes. Current diagnostic protocols and treatment guidelines do not address the unique challenges faced by this population. In this comprehensive review, the authors ex...
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作者：Nelson, Mark W.
作者单位：Cornell University
摘要：This commentary considers experimental and archival auditing research published over the past 50 years and suggests directions for future research. Starting with Ashton (1974a) and Simunic (1980), I discuss major research themes occurring in these literatures. I use Brunswik's lens model as a metaphor that highlights methodological complementarities and opportunities for convergence to address important issues. Possible topics to consider further in future research include the determinants of ...
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作者：Maffett, Mark G.; Samuels, Delphine; Zhou, Frank S.
作者单位：University of Miami; University of Chicago; University of Pennsylvania
摘要：We examine how the SEC's 2014 Municipalities Continuing Disclosure Cooperation initiative (MCDC) affects disclosure compliance in the municipal bond market. The MCDC granted favorable settlement terms to municipal debt issuers and underwriters who voluntarily self-reported having violated SEC disclosure requirements. Although underwriters participated widely, most municipal issuers did not participate in the MCDC initiative despite having publicly observable disclosure violations. We find that...
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作者：Hilary, Gilles; Tian, Xiaoli (Shaolee); Yu, Miaomiao
作者单位：Georgetown University; University of North Carolina; University of North Carolina Charlotte
摘要：We investigate whether meeting Wall Street's expectations affects rank-and-file employees' satisfaction. Controlling for firms' underlying financial performance, we find that those currently working for firms that meet or marginally beat analysts' forecasts experience increased job satisfaction. This positive effect is concentrated among employees who are less transient, receive more nonexecutive stock options, or are more unionized. Furthermore, the positive effect exists only when employees ...
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作者：Lazzarini, Peter A.; van Netten, Jaap J.
作者单位：Queensland University of Technology (QUT); Queensland University of Technology (QUT); Prince Charles Hospital; Vrije Universiteit Amsterdam; University of Amsterdam
摘要：Diabetes-related foot disease is arguably the world's least known major health problem and causes a disease burden larger than most well-known diseases, such as stroke and breast cancer. This burden is driven by people developing more severe stages of foot disease, such as foot ulcers and infections, and with that worsening quality of life. To reduce this burden, we need treatments that prevent more severe stages of foot disease and improve quality of life. Best practice offloading treatments ...
