Nicholas M. Guest - Research
Publications:
The Media and Mispricing: The Role of the Business Press in the Pricing of Accounting Information
Co-authors: Michael Drake and Brady Twedt
Published: The Accounting Review, 2014, Vol. 89, No. 5, pp. 1673-1701.
The Information Role of the Media in Earnings News (Internet Appendix)
Published: Journal of Accounting Research, 2021, Vol. 59, No. 3, pp. 1021-1076.
Media Coverage: Talking Biz News, Quant Media, Dealbreaker
Why Do Large Positive Non-GAAP Earnings Adjustments Predict Abnormally High CEO Pay?
Co-authors: S.P. Kothari and Robert Pozen
Published: The Accounting Review, 2022, Vol. 97, No. 6, pp. 297-326.
Media Coverage: MarketWatch (4/5/2019)
Flight-To-Earnings: The Role of Earnings in Periods of Capital Scarcity (Internet Appendix)
Co-authors: S.P. Kothari and Eric So
Published: Management Science, 2023, Vol. 69, No. 8, pp. 4908-4931.
Co-authors: S.P Kothari and Parth Venkat
Published: Financial Management, 2023, Vol. 52, No. 1, pp. 19-40.
Media Coverage: The Wall Street Journal (2/17/2023), Yahoo Finance (4/26/2023)
The Media Response to a Loss of Analyst Coverage
Co-author: Jaewoo Kim
Published: Review of Accounting Studies, 2024, Vol. 29, No. 4, pp. 3752-3787.
New Accounting Standards and the Performance of Quantitative Investors
Co-authors: Travis Dyer and Elisha Yu
Published: Journal of Accounting and Economics, 2025, Vol. 79, No. 2-3, 101740.
Media Coverage: Evidence-Based Investor (12/31/2021)
Working Papers:
The Financial Media and Investor Monitoring
Co-authors: Ashish Ochani and Mani Sethuraman
Media Coverage: The FinReg Blog (4/27/2022), The Blue Sky Blog (5/12/2022)
A Tale of Two Index Funds: Full Replication vs. Representative Sampling
Co-author: Travis Dyer
Media Coverage: Institutional Money Magazine - German (10/3/2022)
Circuitousness in Disclosure Narratives
Co-author: Jiawen Yan
Co-authors: Brady Twedt and Melina Murren Vosse
Capital Market Consequences of Journalists' Financial Accounting Focus
Co-authors: Kimball Chapman and Jared Jennings
Insider Trading in Innovative Firms
Co-authors: Alexander Ljungqvist, Jean Zeng, and Luo Zuo