Indiana University Kelley School of Business Research Paper Series最新文献_第2页

Appealing to Sense and Sensibility: System 1 and System 2 Interventions for Fake News on Social Media 诉诸理智和情感:系统1和系统2对社交媒体上假新闻的干预

Indiana University Kelley School of Business Research Paper Series Pub Date : 2018-10-19 DOI: 10.2139/ssrn.3269902

Patricia L. Moravec, Antino Kim, A. Dennis

{"title":"Appealing to Sense and Sensibility: System 1 and System 2 Interventions for Fake News on Social Media","authors":"Patricia L. Moravec, Antino Kim, A. Dennis","doi":"10.2139/ssrn.3269902","DOIUrl":"https://doi.org/10.2139/ssrn.3269902","url":null,"abstract":"Disinformation on social media—commonly called “fake news”—has become a major concern around the world, and many fact-checking initiatives have been launched in response. However, if the presentation format of fact-checked results is not persuasive, fact-checking may not be effective. For instance, Facebook tested the idea of flagging dubious articles in 2017 but concluded that it was ineffective and removed the feature. We conducted three experiments with social media users to investigate two different approaches to implementing a fake news flag—one designed to be most effective when processed by automatic cognition (System 1) and the other designed to be most effective when processed by deliberate cognition (System 2). Both interventions were effective, and an intervention that combined both approaches was about twice as effective. The awareness training on the meaning of the flags increased the effectiveness of the System 2 intervention but not the System 1 intervention. Believability influenced the extent to which users would engage with the article (e.g., read, like, comment, and share). Our results suggest that both theoretical routes can be used—separately or together—in the presentation of fact-checking results in order to reduce the influence of fake news on social media users.","PeriodicalId":412480,"journal":{"name":"Indiana University Kelley School of Business Research Paper Series","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129777462","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 75

Integration of Internal Control and Financial Statement Audits: Are Two Audits Better than One? 内部控制与财务报表审计的整合:两个审计比一个审计好吗?

Indiana University Kelley School of Business Research Paper Series Pub Date : 2018-04-26 DOI: 10.2139/ssrn.2809680

Lori Shefchik Bhaskar, Joseph H. Schroeder, Marcy L. Shepardson

{"title":"Integration of Internal Control and Financial Statement Audits: Are Two Audits Better than One?","authors":"Lori Shefchik Bhaskar, Joseph H. Schroeder, Marcy L. Shepardson","doi":"10.2139/ssrn.2809680","DOIUrl":"https://doi.org/10.2139/ssrn.2809680","url":null,"abstract":"\u0000 The quality of financial statement (FS) audits integrated with audits of internal controls over financial reporting (ICFR) depends upon the quality of ICFR information used in, and its integration into, FS audits. Recent research and PCAOB inspections find auditors underreport existing ICFR weaknesses and perform insufficient testing to address identified risks, suggesting integrated audits—in which substantial ICFR testing is required—may result in lower FS audit quality than FS-only audits. We compare a 2007–2013 sample of small U.S. public company firm-years receiving integrated audits (accelerated filers) to firm-years receiving FS-only audits (non-accelerated filers) and find integrated audits are associated with higher likelihood of material misstatements and discretionary accruals, consistent with lower FS audit quality. We also find evidence of (1) auditor judgment-based integration issues, and (2) low-quality ICFR audits harming FS audit quality. Overall, results suggest an important potential consequence of integrated audits is lower FS audit quality.\u0000 Data Availability: Data are publicly available from the sources identified in the text.","PeriodicalId":412480,"journal":{"name":"Indiana University Kelley School of Business Research Paper Series","volume":"41 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131519770","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 41

Low-Price Effect: Evidence from the Chinese IPO Market 低价效应:来自中国IPO市场的证据

Indiana University Kelley School of Business Research Paper Series Pub Date : 2018-03-26 DOI: 10.2139/ssrn.3150124

Jing-Zhi Huang, Zhijian (James) Huang, Xiaoyun Yu

引用次数: 4

Getting Around the State and Local Tax Deduction Limit 绕过州和地方税收减免限制

Indiana University Kelley School of Business Research Paper Series Pub Date : 2018-01-09 DOI: 10.2139/SSRN.3099296

E. Rasmusen

引用次数: 0

Keynote Speech on Data in Financial Economics (Presentation Slides) 金融经济学中的数据主题演讲(幻灯片)

Indiana University Kelley School of Business Research Paper Series Pub Date : 2017-10-17 DOI: 10.2139/ssrn.3142834

Charles Trzcinka

引用次数: 0

Competitive Hold-Up: Monopoly Prices Too High to Maximize Profits when Retailers or Complement Goods Are Perfectly Competitive 竞争性停滞:当零售商或互补商品完全竞争时，垄断价格过高而无法实现利润最大化

Indiana University Kelley School of Business Research Paper Series Pub Date : 2017-08-12 DOI: 10.2139/ssrn.2902072

E. Rasmusen

引用次数: 0

Trust Busting: The Effect of Fraud on Investor Behavior 反垄断:欺诈对投资者行为的影响

Indiana University Kelley School of Business Research Paper Series Pub Date : 2017-05-24 DOI: 10.2139/ssrn.2664307

Umit G. Gurun, Noah Stoffman, Scott E. Yonker

引用次数: 173

Earnings Increases as a Type-Revealing Signal 收入增长是一个类型揭示信号

Indiana University Kelley School of Business Research Paper Series Pub Date : 2016-01-05 DOI: 10.2139/ssrn.2723386

M. Beneish, V. Capkun

{"title":"Earnings Increases as a Type-Revealing Signal","authors":"M. Beneish, V. Capkun","doi":"10.2139/ssrn.2723386","DOIUrl":"https://doi.org/10.2139/ssrn.2723386","url":null,"abstract":"While increases in earnings are common, we identify a setting in which they signal a separating equilibrium. Firms that “defy gravity’ (DG) by reporting increases in earnings despite experiencing a decline in sales from continuing operations, signal their viability as a going- concern, and achieve separation from other firms with decreasing sales. We find that DG signals higher future earnings, cash flows, and one-year-ahead stock returns. More importantly, we find that the DG signal is more credible when more costly to produce: DG firms subsequently perform better when (1) they are ex ante in poorer financial health, (2) the magnitude of the earnings shortfall is larger (they have higher downward cost rigidity), (3) they pass up the opportunity of taking a ‘big bath’ in times of crisis (years where declines in earnings can be blamed on economy-wide shocks), and (4) when they have less flexibility to manage earnings upwards. Finally, because some degree of pooling remains within DG firms, we show that the DG signal is more credible when it is produced contemporaneously with abnormal CEO buying. To our knowledge, this study is the first to provide empirical evidence that earnings increases that are more costly to achieve are more credible signals of future performance.","PeriodicalId":412480,"journal":{"name":"Indiana University Kelley School of Business Research Paper Series","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-01-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117061149","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Attribution Strategies and Return on Keyword Investment in Paid Search Advertising 付费搜索广告的归因策略与关键字投资回报

Indiana University Kelley School of Business Research Paper Series Pub Date : 2015-12-01 DOI: 10.1287/mksc.2016.0987

H. Li, P. K. Kannan, S. Viswanathan, Abhishek Pani

{"title":"Attribution Strategies and Return on Keyword Investment in Paid Search Advertising","authors":"H. Li, P. K. Kannan, S. Viswanathan, Abhishek Pani","doi":"10.1287/mksc.2016.0987","DOIUrl":"https://doi.org/10.1287/mksc.2016.0987","url":null,"abstract":"Firms use different attribution strategies such as last-click or first-click attribution to assign conversion credits to search keywords that appear in their consumers’ paths to purchase. These attributed credits impact a firm’s future bidding and budget allocations among keywords and, in turn, determine the overall return-on-investment of search campaigns. In this paper, we model the relationship among the advertiser’s bidding decision for keywords, the search engine’s ranking decision for these keywords, and the consumer’s click-through rate and conversion rate on each keyword, and analyze the impact of the attribution strategy on the overall return-on-investment of paid search advertising.We estimate our simultaneous equations model using a six-month panel data of several hundred keywords from an online jewelry retailer. The data comprises a quasi-experiment as the firm changed attribution strategy from last-click to first-click attribution halfway through the data window. Our results show that returns for keyword investments vary significantly under the different attribution strategies. For the focal firm, first-click attribution leads to lower revenue returns and a more pronounced decrease for more specific keywords. Our policy simulation exercise shows how the firm can increase its overall returns by better attributing the real contribution of keywords. We discuss how an appropriate attribution strategy can help firms to better target customers and lower acquisition costs in the context of paid search advertising.Data, as supplemental material, are available at https://doi.org/10.1287/mksc.2016.0987 .","PeriodicalId":412480,"journal":{"name":"Indiana University Kelley School of Business Research Paper Series","volume":"213 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132480000","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 46

Collateral and Small Firm Labor 抵押品和小企业劳动力

Indiana University Kelley School of Business Research Paper Series Pub Date : 2015-10-08 DOI: 10.2139/ssrn.2704069

Kristoph Kleiner

引用次数: 5