+publisher:"Penn State University" +contributor:("Orie Edwin Barron, Dissertation Advisor/Co-Advisor")

Penn State University

1. Hoffman, Patrick John. Does Audit Regulating Stifle Misreporting? the Case Of The Hedge Fund Industry.

Degree: 2013, Penn State University

URL: https://submit-etda.libraries.psu.edu/catalog/18896

► Using the setting of hedge funds, I find that audit regulation stifles the misreporting of returns. Not only does the presence of this regulation mitigate… (more)

Subjects/Keywords: Financial Regulation; Returns Misreporting; Audit Quality; Hedge Funds

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Hoffman, P. J. (2013). Does Audit Regulating Stifle Misreporting? the Case Of The Hedge Fund Industry. (Thesis). Penn State University. Retrieved from https://submit-etda.libraries.psu.edu/catalog/18896

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Hoffman, Patrick John. “Does Audit Regulating Stifle Misreporting? the Case Of The Hedge Fund Industry.” 2013. Thesis, Penn State University. Accessed April 17, 2021. https://submit-etda.libraries.psu.edu/catalog/18896.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Hoffman, Patrick John. “Does Audit Regulating Stifle Misreporting? the Case Of The Hedge Fund Industry.” 2013. Web. 17 Apr 2021.

Vancouver:

Hoffman PJ. Does Audit Regulating Stifle Misreporting? the Case Of The Hedge Fund Industry. [Internet] [Thesis]. Penn State University; 2013. [cited 2021 Apr 17]. Available from: https://submit-etda.libraries.psu.edu/catalog/18896.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Hoffman PJ. Does Audit Regulating Stifle Misreporting? the Case Of The Hedge Fund Industry. [Thesis]. Penn State University; 2013. Available from: https://submit-etda.libraries.psu.edu/catalog/18896

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Penn State University

2. Chapman, Kimball Loren. Limited Investor Attention And The Earnings Announcement Premium .

Degree: 2015, Penn State University

URL: https://submit-etda.libraries.psu.edu/catalog/26503

► This paper explores the extent to which limited investor attention explains positive average stock returns around earnings announcements. I observe positive abnormal returns on days… (more)

Subjects/Keywords: Limited investor attention

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APA (6^th Edition):

Chapman, K. L. (2015). Limited Investor Attention And The Earnings Announcement Premium . (Thesis). Penn State University. Retrieved from https://submit-etda.libraries.psu.edu/catalog/26503

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Chapman, Kimball Loren. “Limited Investor Attention And The Earnings Announcement Premium .” 2015. Thesis, Penn State University. Accessed April 17, 2021. https://submit-etda.libraries.psu.edu/catalog/26503.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Chapman, Kimball Loren. “Limited Investor Attention And The Earnings Announcement Premium .” 2015. Web. 17 Apr 2021.

Vancouver:

Chapman KL. Limited Investor Attention And The Earnings Announcement Premium . [Internet] [Thesis]. Penn State University; 2015. [cited 2021 Apr 17]. Available from: https://submit-etda.libraries.psu.edu/catalog/26503.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Chapman KL. Limited Investor Attention And The Earnings Announcement Premium . [Thesis]. Penn State University; 2015. Available from: https://submit-etda.libraries.psu.edu/catalog/26503

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Penn State University

3. Koharki, Kevin J. Mandatory Disclosure Requirements and Rating Agency Catering: A Study of the Rule Changes for Qualified Special Purpose Entities.

Degree: 2014, Penn State University

URL: https://submit-etda.libraries.psu.edu/catalog/22424

► This study investigates whether mandatory disclosure requirements for Qualified Special Purpose Entities (i.e., QSPEs) under SFAS 166/167 weakened credit rating agencies’ ability to provide bond… (more)

Subjects/Keywords: Accounting; Rating Agencies; Securitization

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Koharki, K. J. (2014). Mandatory Disclosure Requirements and Rating Agency Catering: A Study of the Rule Changes for Qualified Special Purpose Entities. (Thesis). Penn State University. Retrieved from https://submit-etda.libraries.psu.edu/catalog/22424

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Koharki, Kevin J. “Mandatory Disclosure Requirements and Rating Agency Catering: A Study of the Rule Changes for Qualified Special Purpose Entities.” 2014. Thesis, Penn State University. Accessed April 17, 2021. https://submit-etda.libraries.psu.edu/catalog/22424.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Koharki, Kevin J. “Mandatory Disclosure Requirements and Rating Agency Catering: A Study of the Rule Changes for Qualified Special Purpose Entities.” 2014. Web. 17 Apr 2021.

Vancouver:

Koharki KJ. Mandatory Disclosure Requirements and Rating Agency Catering: A Study of the Rule Changes for Qualified Special Purpose Entities. [Internet] [Thesis]. Penn State University; 2014. [cited 2021 Apr 17]. Available from: https://submit-etda.libraries.psu.edu/catalog/22424.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Koharki KJ. Mandatory Disclosure Requirements and Rating Agency Catering: A Study of the Rule Changes for Qualified Special Purpose Entities. [Thesis]. Penn State University; 2014. Available from: https://submit-etda.libraries.psu.edu/catalog/22424

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Penn State University

4. Russomanno, Daniel. Changes in Internal Controls and Auditor Effort around the initiation of a Chief Accounting Officer (CAO) Position.

Degree: 2014, Penn State University

URL: https://submit-etda.libraries.psu.edu/catalog/23437

► I examine whether the addition of a Chief Accounting Officer (CAO) to the top management team improves firms’ internal controls and allows a reduction in… (more)

Subjects/Keywords: Chief Accounting Officer; CAO; top management team; internal control; auditor fees; controller

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Russomanno, D. (2014). Changes in Internal Controls and Auditor Effort around the initiation of a Chief Accounting Officer (CAO) Position. (Thesis). Penn State University. Retrieved from https://submit-etda.libraries.psu.edu/catalog/23437

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Russomanno, Daniel. “Changes in Internal Controls and Auditor Effort around the initiation of a Chief Accounting Officer (CAO) Position.” 2014. Thesis, Penn State University. Accessed April 17, 2021. https://submit-etda.libraries.psu.edu/catalog/23437.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Russomanno, Daniel. “Changes in Internal Controls and Auditor Effort around the initiation of a Chief Accounting Officer (CAO) Position.” 2014. Web. 17 Apr 2021.

Vancouver:

Russomanno D. Changes in Internal Controls and Auditor Effort around the initiation of a Chief Accounting Officer (CAO) Position. [Internet] [Thesis]. Penn State University; 2014. [cited 2021 Apr 17]. Available from: https://submit-etda.libraries.psu.edu/catalog/23437.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Russomanno D. Changes in Internal Controls and Auditor Effort around the initiation of a Chief Accounting Officer (CAO) Position. [Thesis]. Penn State University; 2014. Available from: https://submit-etda.libraries.psu.edu/catalog/23437

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Penn State University

5. Penn, Michael Wayne. Read All About It: Do Auditors Respond to Press Visibility?.

Degree: 2012, Penn State University

URL: https://submit-etda.libraries.psu.edu/catalog/16215

► I examine whether auditors respond to business press coverage. Using the number of articles covering a client firm (a proxy for visibility) I find multiple… (more)

Subjects/Keywords: Business Press; Audit Effort; Audit Fees

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APA (6^th Edition):

Penn, M. W. (2012). Read All About It: Do Auditors Respond to Press Visibility?. (Thesis). Penn State University. Retrieved from https://submit-etda.libraries.psu.edu/catalog/16215

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Penn, Michael Wayne. “Read All About It: Do Auditors Respond to Press Visibility?.” 2012. Thesis, Penn State University. Accessed April 17, 2021. https://submit-etda.libraries.psu.edu/catalog/16215.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Penn, Michael Wayne. “Read All About It: Do Auditors Respond to Press Visibility?.” 2012. Web. 17 Apr 2021.

Vancouver:

Penn MW. Read All About It: Do Auditors Respond to Press Visibility?. [Internet] [Thesis]. Penn State University; 2012. [cited 2021 Apr 17]. Available from: https://submit-etda.libraries.psu.edu/catalog/16215.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Penn MW. Read All About It: Do Auditors Respond to Press Visibility?. [Thesis]. Penn State University; 2012. Available from: https://submit-etda.libraries.psu.edu/catalog/16215

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Penn State University

6. Chung, Sung Gon. HEDGE FUNDS AND SELL-SIDE RESEARCH: THE EFFECT OF HEDGE FUNDS’ STOCK POSITIONS ON ANALYSTS’ RECOMMENDATIONS.

Degree: 2009, Penn State University

URL: https://submit-etda.libraries.psu.edu/catalog/9882

► This study examines whether sell-side research analysts help hedge fund managers by maintaining optimistic (or pessimistic) recommendations when hedge fund managers have large long (or… (more)

▼ This study examines whether sell-side research analysts help hedge fund managers by maintaining optimistic (or pessimistic) recommendations when hedge fund managers have large long (or short) positions and by delaying their recommendation revisions when hedge fund managers are unwinding their positions. The SEC and the financial press have raised concerns about pressure on analysts from institutional clients to express views in line with clients’ positions in their recommendations. Of analysts’ institutional clients, hedge fund managers are the most important to analysts because of the large commissions hedge funds generate. If these lucrative clients pressure analysts, I expect that it would be difficult for analysts to remain independent. My results reveal that, after controlling for future earnings surprises, analysts’ recommendations are likely either Buy or Strong Buy when hedge funds have large long positions. I also find that those optimistic recommendations for stocks in which hedge funds have large long positions have negative future returns, indicating that those optimistic recommendations are overly optimistic. I argue that the recommendations for stocks in which hedge funds have large long positions lead to negative returns because analysts do not downgrade their recommendations in a timely manner when their profitable clients sell these stocks. Consistent with this argument, further analysis shows that hedge fund managers start selling their stocks when analysts’ recommendations are optimistic and that analysts downgrade their recommendations after hedge fund managers sell stocks. Cross-sectional analysis uncovers that compared to other analysts, analysts at top ten prime brokers such as Goldman Sachs, Bear Sterns, and Lehman Brothers are almost 40% more likely to downgrade their recommendations in the quarters following stock sales by the 100 largest hedge funds. Advisors/Committee Members: Advisor%22%29&pagesize-30">Orie Edwin Barron, Dissertation Advisor/Co-Advisor, Orie Edwin Barron, Committee Chair/Co-Chair, Bin Ke, Committee Member, Henock Louis, Committee Member, Laura B Field, Committee Member.

Subjects/Keywords: hedge funds; sell-side research analysts

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Chung, S. G. (2009). HEDGE FUNDS AND SELL-SIDE RESEARCH: THE EFFECT OF HEDGE FUNDS’ STOCK POSITIONS ON ANALYSTS’ RECOMMENDATIONS. (Thesis). Penn State University. Retrieved from https://submit-etda.libraries.psu.edu/catalog/9882

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Chung, Sung Gon. “HEDGE FUNDS AND SELL-SIDE RESEARCH: THE EFFECT OF HEDGE FUNDS’ STOCK POSITIONS ON ANALYSTS’ RECOMMENDATIONS.” 2009. Thesis, Penn State University. Accessed April 17, 2021. https://submit-etda.libraries.psu.edu/catalog/9882.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Chung, Sung Gon. “HEDGE FUNDS AND SELL-SIDE RESEARCH: THE EFFECT OF HEDGE FUNDS’ STOCK POSITIONS ON ANALYSTS’ RECOMMENDATIONS.” 2009. Web. 17 Apr 2021.

Vancouver:

Chung SG. HEDGE FUNDS AND SELL-SIDE RESEARCH: THE EFFECT OF HEDGE FUNDS’ STOCK POSITIONS ON ANALYSTS’ RECOMMENDATIONS. [Internet] [Thesis]. Penn State University; 2009. [cited 2021 Apr 17]. Available from: https://submit-etda.libraries.psu.edu/catalog/9882.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Chung SG. HEDGE FUNDS AND SELL-SIDE RESEARCH: THE EFFECT OF HEDGE FUNDS’ STOCK POSITIONS ON ANALYSTS’ RECOMMENDATIONS. [Thesis]. Penn State University; 2009. Available from: https://submit-etda.libraries.psu.edu/catalog/9882

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Penn State University

7. Vincent, James. THE EFFECT OF EARNINGS ANNOUNCEMENTS ON TRADING OUTCOMES FOR DIFFERENT INVESTOR CLASSES .

Degree: 2010, Penn State University

URL: https://submit-etda.libraries.psu.edu/catalog/11279

► Theory suggests that earnings announcements can either increase or decrease the level of information asymmetry between investors. I investigate this by testing the effect of… (more)

Subjects/Keywords: information asymmetry; Earnings announcements

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6^th Edition):

Vincent, J. (2010). THE EFFECT OF EARNINGS ANNOUNCEMENTS ON TRADING OUTCOMES FOR DIFFERENT INVESTOR CLASSES . (Thesis). Penn State University. Retrieved from https://submit-etda.libraries.psu.edu/catalog/11279

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Chicago Manual of Style (16^th Edition):

Vincent, James. “THE EFFECT OF EARNINGS ANNOUNCEMENTS ON TRADING OUTCOMES FOR DIFFERENT INVESTOR CLASSES .” 2010. Thesis, Penn State University. Accessed April 17, 2021. https://submit-etda.libraries.psu.edu/catalog/11279.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

MLA Handbook (7^th Edition):

Vincent, James. “THE EFFECT OF EARNINGS ANNOUNCEMENTS ON TRADING OUTCOMES FOR DIFFERENT INVESTOR CLASSES .” 2010. Web. 17 Apr 2021.

Vancouver:

Vincent J. THE EFFECT OF EARNINGS ANNOUNCEMENTS ON TRADING OUTCOMES FOR DIFFERENT INVESTOR CLASSES . [Internet] [Thesis]. Penn State University; 2010. [cited 2021 Apr 17]. Available from: https://submit-etda.libraries.psu.edu/catalog/11279.

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Council of Science Editors:

Vincent J. THE EFFECT OF EARNINGS ANNOUNCEMENTS ON TRADING OUTCOMES FOR DIFFERENT INVESTOR CLASSES . [Thesis]. Penn State University; 2010. Available from: https://submit-etda.libraries.psu.edu/catalog/11279

Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation

Open Access Theses and Dissertations