Search Results - "CAO, SEAN SHUN"

Technological Peer Pressure and Product Disclosure by Cao, Sean Shun, Ma, Guang, Tucker, Jennifer Wu, Wan, Chi

“…We introduce a firm-specific measure of the technological aspect of competition—technological peer pressure—and examine firm-initiated product…”
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How to Talk When a Machine Is Listening: Corporate Disclosure in the Age of AI by Cao, Sean, Jiang, Wei, Yang, Baozhong, Zhang, Alan L

“…Abstract Growing AI readership (proxied for by machine downloads and ownership by AI-equipped investors) motivates firms to prepare filings friendlier to…”
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Site Visits and Corporate Investment Efficiency by Cao, Sean Shun, Gong, Guojin, Kim, Yongtae, Shi, Hanzhong, Wang, Angie

“…Site visits allow visitors to physically inspect productive resources and interact with on-site employees and executives face to face. We posit that, by…”
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From Man vs. Machine to Man + Machine: The art and AI of stock analyses by Cao, Sean, Jiang, Wei, Wang, Junbo, Yang, Baozhong

“…An AI analyst trained to digest corporate disclosures, industry trends, and macroeconomic indicators surpasses most analysts in stock return predictions…”
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Negative peer disclosure by Cao, Sean Shun, Fang, Vivian W., (Gillian) Lei, Lijun

“…This paper provides first evidence of negative peer disclosure (NPD), an emerging corporate strategy to publicize adverse news of industry peers on social…”
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Labor Market Benefit of Disaggregated Disclosure by Cao, Sean, Li, Yinghua, Ma, Guang

“…ABSTRACT Asymmetric information is a fundamental friction that results in mismatches and efficiency losses in the labor market. In this study, we posit that…”
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Reexamining Growth Effects: Are All Types of Asset Growth the Same? by Cao, Sean Shun

“…Asset growth has been shown to be negatively associated with future returns. Cooper, Gulen, and Schill (2008) argue that an aggregation of all asset growth…”
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Copycat Skills and Disclosure Costs: Evidence from Peer Companies’ Digital Footprints by CAO, SEAN SHUN, DU, KAI, YANG, BAOZHONG, ZHANG, ALAN L.

“…ABSTRACT We examine whether firms that imitate peer companies’ strategies (copycats) profit from such behavior and how their success may cause competitive harm…”
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Applied AI for finance and accounting: Alternative data and opportunities by Cao, Sean Shun, Jiang, Wei, Lei, Lijun (Gillian), Zhou, Qing (Clara)

“…Big data and artificial intelligence (AI) have transformed the finance industry by altering the way data and information are generated, processed, and…”
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The implications of firms' derivative usage on the frequency and usefulness of management earnings forecasts by Campbell, John L., Cao, Sean Shun, Chang, Hye Sun, Chiorean, Raluca

“…We investigate how firms' use of derivatives impacts voluntary disclosure and offer four main findings. First, we find that when firms begin using derivative…”
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Earnings Volatility, Post-Earnings Announcement Drift, and Trading Frictions by CAO, SEAN SHUN, NARAYANAMOORTHY, GANAPATHI S.

“…We find that lower ex ante earnings volatility leads to higher Post-Earnings Announcement Drift (PEAD). PEAD is a function of both the magnitude of an earnings…”
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