%0 Journal Article
%J Journal of Financial and Quantitative Analysis
%D 2021
%T Public Information and Venture Capital Investment
%A Gibbons,Brian
%K Finance
%B Journal of Financial and Quantitative Analysis
%8 2021
%G eng
%2 a
%4 220656068608
%$ 220656068608

%0 Journal Article
%J Management Science
%D 2020
%T Analyst Information Acquisition via EDGAR
%A Gibbons,Brian
%A Iliev,Peter
%A Kalodimos,Jonathan
%K Finance
%X We identify analysts’ information acquisition patterns by linking EDGAR (Electronic Data Gathering, Analysis, and Retrieval) server activity to analysts’ brokerage houses. Analysts rely on EDGAR in 24% of their estimate updates with an average of eight filings viewed. We document that analysts’ attention to public information is driven by the demand for information and the analysts’ incentives and career concerns. We find that information acquisition via EDGAR is associated with a significant reduction in analysts’ forecasting error relative to their peers. This relationship is likewise present when we focus on the intensity of analyst research. Attention to public information further enables analysts to provide forecasts for more time periods and more financial metrics. Informed recommendation updates are associated with substantial and persistent abnormal returns, even when the analyst accesses historical filings. Analysts’ use of EDGAR is associated with longer and more informative analysis within recommendation reports.
%B Management Science
%C INFORMS
%8 2020
%G eng
%2 a
%4 161327624192
%$ 161327624192

%0 Generic
%D 2020
%T "Passive Debt Ownership and Corporate Financial Policy"
%A Gibbons,Brian
%K Finance
%B Southern Finance Association
%8 2020
%G eng
%2 c
%4 230634098688
%$ 230634098688

%0 Generic
%D 2020
%T "Passive Debt Ownership and Corporate Financial Policy"
%A Gibbons,Brian
%K Finance
%B Financial Management Association
%8 2020
%G eng
%2 c
%4 230634104832
%$ 230634104832

%0 Generic
%D 2018
%T "Through Thick and Thin: Political Risk and the Interdependencies between MNCs and Host Countries"
%A Wang,Clare
%A Gibbons,Brian
%A Blouin,Jennifer
%A Wellman,Laura
%K Finance
%B University of Colorado, Summer Accounting Research Conference
%8 2018
%G eng
%2 c
%4 230634102784
%$ 230634102784

%0 Generic
%D 2018
%T "Through Thick and Thin: Political Risk and the Interdependencies between MNCs and Host Countries"
%A Blouin,Jennifer
%A Gibbons,Brian
%A Wang,Clare
%A Wellman,Laura
%K Finance
%B Financial Accounting and Reporting Section Midyear Conference
%8 2018
%G eng
%2 c
%4 230634094592
%$ 230634094592

%0 Generic
%D 2018
%T "Through Thick and Thin: Political Risk and the Interdependencies between MNCs and Host Countries"
%A Blouin,Jennifer
%A Gibbons,Brian
%A Wang,Clare
%A Wellman,Laura
%K Finance
%B Oxford University, Corporate Political Engagement in Europe and the US
%8 2018
%G eng
%2 c
%4 230634096640
%$ 230634096640

%0 Generic
%D 2017
%T "Through Thick and Thin: Political Risk and the Interdependencies between MNCs and Host Countries"
%A Blouin,Jennifer
%A Gibbons,Brian
%A Wang,Clare
%A Wellman,Laura
%K Finance
%B University of Chicago, Global Issues in Accounting Conference
%8 2017
%G eng
%2 c
%4 230634100736
%$ 230634100736