Essays in Empirical Financial Accounting

Download or read book Essays in Empirical Financial Accounting written by Edward Michael Watts and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis studies several topical areas in empirical financial accounting. In the first chapter, I investigate whether investors are willing to trade off wealth for societal benefits. This chapter is co-authored with my co-advisor David F. Larcker and is forthcoming in the Journal of Accounting and Economics. In the second chapter, I examine how an increase in tick size affects algorithmic trading, fundamental information acquisition, and the price discovery process around earnings announcements. This chapter is co-authored with my co-advisor Charles M.C. Lee and is forthcoming in The Accounting Review. In the third chapter, I explore the growing market for startup employee equity using proprietary data from one of the largest of these marketplaces. This chapter is under revision for submission to a top accounting or finance journal.