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Three Essays on Corporate Information Communications

Three Essays on Corporate Information Communications
Author: Junqi Liu
Publisher:
Total Pages: 0
Release: 2021
Genre:
ISBN:

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This dissertation consists of three essays that focus on corporate external communication of accounting information. My dissertation's primary goal is to understand better how firms' financial disclosure behaviors change in response to various internal and external forces. To achieve this goal, I use empirical archival methods and employ several unique settings to examine the influences of three particular forces on firms' financial disclosure activities. Specifically, in the first essay, I focus on a firm's internal production function and ask whether labor cost stickiness shapes income smoothing activities. By contrast, the second and third essays explore the influences of two external factors, namely product market competition with existing rivals and the local information environment, respectively, on firms' mandatory and voluntary disclosure behaviors.


Three Essays on Corporate Disclosure and Information Externalities

Three Essays on Corporate Disclosure and Information Externalities
Author: Yetaotao Qiu
Publisher:
Total Pages: 0
Release: 2020
Genre:
ISBN:

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This dissertation includes three essays on corporate disclosure and information externalities. In the first essay, I examine the disclosure behavior of rival firms identified by an Initial Public Offering (IPO) candidate during the IPO quiet period when the IPO candidate is restricted in its communication. I find that the tone of disclosures made by identified rivals becomes more positive during the quiet period, and reverses after the quiet period ends. The strategic disclosure behavior is mainly driven by identified rivals' concerns over product market competition. I also find that this behavior hurts the IPO candidate and benefits the identified rivals. In the second essay, I investigate the relations between IPO firms' peer choice and peer information environment. I find that IPO firms tend to select peer companies with a better information environment, and this effect is more pronounced for IPO firms with greater information uncertainties. I also find support that peer information environment is positively associated with upward offering price revision, post-offering analyst coverage, and negatively associated with the number of amendment filings. Overall, this essay shows that IPO firms can make use of the externalities of peer information to facilitate their initial public offerings. In the third essay, I switch my focus from intra-industry relations to supply chain relations. More specifically, I study the effects of layoff announcements by customers on the valuation and operating performance of their supply chain partners. I find that suppliers experience a negative stock price reaction around their major customers' layoff announcements. The negative price effect is exacerbated when industry rivals of layoff-announcing customers also suffer from negative intra-industry contagion effects. Moreover, these supply chain spillover effects are asymmetric, with only "bad news" layoff announcements causing significant value implications for suppliers, but not "good news" announcements. Supplier firms also reduce their investment in and sales dependence on layoff-announcing customers in subsequent years. Keywords: Disclosure; Product market competition; IPO quiet period; Identified rivals; Information externalities; Peer information environment; Corporate layoffs, Supply chain relations; Stock market return


Three Essays on Information and Communication Technology and Financial Globalization

Three Essays on Information and Communication Technology and Financial Globalization
Author: Kwan Wai Ko
Publisher:
Total Pages: 366
Release: 2006
Genre: Communication
ISBN:

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"The third essay looks at ten Asian economies committed to ICT development and financial integration, and presents evidence on whether or not they have experienced greater output fluctuations from 1980 to 2003. A two-country dynamic general equilibrium model is used and ICT is assumed to increase the volume and speed of capital flows. This study's model predicts that economies with a high ICT development or/and a high degree of financial integration exhibit greater output fluctuations in the face of monetary policy shocks, but lower output fluctuations in the face of fiscal policy shocks. The empirical findings estimated by using the panel vector autoregression approach support these predictions." --


Media Technologies

Media Technologies
Author: Tarleton Gillespie
Publisher: MIT Press
Total Pages: 340
Release: 2014-01-24
Genre: Computers
ISBN: 0262525372

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Scholars from communication and media studies join those from science and technology studies to examine media technologies as complex, sociomaterial phenomena. In recent years, scholarship around media technologies has finally shed the assumption that these technologies are separate from and powerfully determining of social life, looking at them instead as produced by and embedded in distinct social, cultural, and political practices. Communication and media scholars have increasingly taken theoretical perspectives originating in science and technology studies (STS), while some STS scholars interested in information technologies have linked their research to media studies inquiries into the symbolic dimensions of these tools. In this volume, scholars from both fields come together to advance this view of media technologies as complex sociomaterial phenomena. The contributors first address the relationship between materiality and mediation, considering such topics as the lived realities of network infrastructure. The contributors then highlight media technologies as always in motion, held together through the minute, unobserved work of many, including efforts to keep these technologies alive. Contributors Pablo J. Boczkowski, Geoffrey C. Bowker, Finn Brunton, Gabriella Coleman, Gregory J. Downey, Kirsten A. Foot, Tarleton Gillespie, Steven J. Jackson, Christopher M. Kelty, Leah A. Lievrouw, Sonia Livingstone, Ignacio Siles, Jonathan Sterne, Lucy Suchman, Fred Turner


Three Essays in Information Systems

Three Essays in Information Systems
Author: Jayarajan Samuel
Publisher:
Total Pages:
Release: 2018
Genre: Computer networks
ISBN:

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This dissertation tackles three problems in information systems: In the first essay we investigate the value of a local showroom to online competition. An increasing number of online retailers are grappling with whether to expand their operations to offline local showrooms. In this study, we quantify the value of showrooms by investigating how the presence and absence of local showrooms may impact customers’ searching and purchasing behaviors with online competitors. By using an exogenous event of a large retailer’s offline market exit and a unique data set capturing customers’ online browsing and purchasing activities before and after the event, we empirically examine the changes in online search and sales made by customers who lived within neighborhoods where showrooms closed. We question the adequacy of conventional sales-based measures and devise several search-based measures in order to better quantify the value of a showroom from the perspective of customer experience online. Using a difference-in-difference approach, we find mixed results in terms of online competitors’ sales when a neighboring showroom closes. More importantly, we observe an increase in customers’ online search intensity in the absence of local showrooms. We discuss a wide range of implications both for online and offline retailers based on our results. The second problem we analyze is the effect of worker collaboration on productivity and costs to a company. Although collaboration in the workplace is promoted as a silver bullet for increasing productivity and decreasing costs, there is little empirical evidence to show the effects of collaboration. Using a unique dataset and a field experiment we develop a framework to measure the effects of collaboration in a service delivery industry. Our results show that when collaboration is forced on employees, although productivity increases, costs also increase. Based on our conclusions we recommend management to allow employees to choose when to collaborate and when not to. On further analysis of the implementation of our recommendations, we find that productivity levels increase along with reduction in costs if employees are allowed to choose when to collaborate on tasks. Finally, we investigate how to tackle the patching schedule of custom built enterprise systems. Keeping software systems safe from hackers is one of the most important goals for system operations managers. A system that has outstanding security patches is inherently risky and managers incur costs to keep the security of such systems at an acceptable level. Alternatively, they can choose to expend resources to apply outstanding patches and increase the security state of the system and thereby reducing the costs to maintain the system. In this research we study a motivating example from the Information and Communications Technology (ICT) industry and apply a control theoretic model to solve for optimal patching periods. The optimal patching policy is shown to have a bang-bang solution which explains common approaches practiced in the industry. The results in this research are valuable to operations and maintenance managers who strive to keep enterprise software systems safe while minimizing cost.


Three Essays on Emergency Response Information Systems

Three Essays on Emergency Response Information Systems
Author: Rui Chen (Ph. D.)
Publisher:
Total Pages: 206
Release: 2009
Genre: Emergency communication systems
ISBN:

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Among the three essays, essay 1 theorizes the existing literature in emergency management and information systems to propose the fundamental design principles of emergency response information systems. On the basis of essay 1, essay 2 provides detailed accounts on the communication aspects in emergency response information system design and consequently develops data standards that strengthen communication capabilities in incident response. Essay 3 continues the success of essay 2 to create refined research methodology for data model development that ultimately results in further improvement in emergency communication support.


Three Essays

Three Essays
Author:
Publisher:
Total Pages: 204
Release: 1863
Genre: Language and culture
ISBN:

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Three Essays:

Three Essays:
Author: William Gilpin
Publisher:
Total Pages: 236
Release: 1808
Genre: Landscape drawing
ISBN:

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