Lessons from previous crises can shed light on the business and economic impact of COVID-19 and help guide investors’ and companies’ responses. CRA’s earlier research on earnings delays is especially relevant today as several companies are voluntarily delaying earnings and the SEC and FCA have extended disclosure deadlines. Our CRA Insights summarizes research that presents empirical findings on frequency and causes for delays as well as investors’ reactions and the reasonings for companies’ decisions to delay or not. For a copy of the academic paper published later in the Journal of Applied Corporate Finance, please contact the author.
Semiannual reporting threatens enforcement of insider trading
CRA’s Swati Kanoria has co-authored a new article with Douglas Miller and Val Bianchi-Demicheli of Boies Schiller Flexner LLP, in which they assess how the...