We revisit the problem of interval estimation of a binomial proportion. The erratic behavior of
the coverage probability of the standard Wald confidence interval has previously been …

We create a broad measure of corporate governance, Gov-Score, based on a new dataset
provided by Institutional Shareholder Services. Gov-Score is a composite measure of 51 …

This paper contains a complete class theorem (Theorem 3.2) which applies to most statistical
estimation problems having a finite sample space. This theorem also applies to many other …

Gompers et al. [Gompers, P., Ishii, J., Metrick, A., 2003. Corporate governance and equity
prices. Quarterly Journal of Economics 118, 107–155] created G-Index, a summary measure of …

This paper provides evidence of security analyst (SA) superiority relative to univariate time-series
(TS) models in predicting firms' quarterly earnings numbers and shows that SA forecast …

Since the early 1980s, earnings forecasting research has become much more closely
aligned with capital markets research. Capital markets research requires a proxy for the (…

This study utilizes the Accounting Research Directory to identify influential articles and
individuals. Influence is denned in terms of cites per year by five leading accounting journals. The …

1.1. Summary. Consider the problem of estimating the mean of a multivariate normal distribution
on the basis of one observation (or more) from that distribution. Take squared error as …

I first met exponential families as a beginning graduate student. The previous summer I had
written a short research report under the direction of Richard Bellman at the RAND …

Our objective is to penetrate the “black box” of sell‐side financial analysts by providing new
insights into the inputs analysts use and the incentives they face. We survey 365 analysts …