Congratulations to Hongping Tan, Associate Professor in Accounting and Guang Ma, Assistant Professor in Accounting who were awarded a 2022 SSHRC Insight Grant.
“Private Interaction with Management: Evidence from Textual Analysis of Analyst Reports”
On Friday, May 13, members of the Desautels Faculty of Management gathered to celebrate the innovative and impactful research conducted by its scholars.
Fifteen professors were on hand to deliver two-minute presentations of their most interesting and research.
Authors: A.G. Huang, Hongping Tan, and R. WermersPublication: The Review of Financial Studies, Volume 33, Issue 10, October 2020, Pages 4627-4675.Abstract:
Authors: M.T. Bradshaw, A.G. Huang, and Hongping TanPublication: Journal of Accounting Research, Volume 57, Issue 1, March 2019, Pages 85-120.
Congratulations to Dongyoung Lee, Assistant Professor in Accounting, Jingjing Zhang, Assistant Professor in Accounting, and Hongping Tan, Associate Professor in Accounting, awarded 2018 SSHRC Connection Grant - 2019 Financial Accounting Research Conference: “Ac
Authors: Mark T. Bradshaw, Alan G. Huang, Hongping Tan
Publication: Journal of Accounting Research, Forthcoming
Prior research demonstrates that a strong institutional infrastructure in a country moderates self‐serving behavior of market participants. Cross‐country economic activities have increased significantly, presenting a research opportunity to examine the relative influence of local versus foreign institutional infrastructure on individual market participants. We utilize variation in analyst‐country location relative to covered firm location to examine institutional determinants of optimism in analyst research. Focusing on target prices, where persistent optimism is well documented, we find that analysts domiciled in countries with stronger institutional infrastructures exhibit significantly attenuated target price optimism and more value‐relevant target prices. Our results demonstrate the importance of domestic country‐level institutional factors in moderating self‐serving behavior of market participants engaged in cross‐country activities.