Endogenous Information Flows and the Clustering of Announcements

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Earnings Management and Earnings Quality: Theory and Evidence (2018, unknown): “In particular, we consider equilibria in which the price function takes the following form: pt ¼ p0 þ Xt j¼1 atj rj lj ; ð7Þ for some equilibrium parameters fatj; ljg, where atj reflects the sensitivity of the price at time t to a report issued at time j, and lj is the (unconditional) expected…”
Skewness in Stock Returns: Reconciling the Evidence on Firm Versus Aggregate Returns (2012, unknown): “Especially relevant is the work of Acharya et al. (2010). They study the optimal release of information and the clustering of announcements upon public news releases.”
Within-industry timing of earnings warnings: do managers herd? (2010, methodology): “This process has been modeled by Acharya et al. (2008) .”
Not Only What but Also When: A Theory of Dynamic Voluntary Disclosure (2014, methodology): “If z′ (μ) = 0 and z (μ) = z∗, then d dμh stat (μ, z(μ)) ∈ (1, 2).”