{"id":393,"date":"2021-09-09T17:49:21","date_gmt":"2021-09-09T17:49:21","guid":{"rendered":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/research-publications\/"},"modified":"2024-04-01T13:20:35","modified_gmt":"2024-04-01T13:20:35","slug":"publications-working-papers","status":"publish","type":"page","link":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/","title":{"rendered":"Publications &#038; Working Papers"},"content":{"rendered":"<div id=\"pl-393\"  class=\"panel-layout\" ><div id=\"pg-393-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-393-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-393-0-0-0\" class=\"so-panel widget widget_mit_faculty_research_publications panel-first-child panel-last-child\" data-index=\"0\" >\t\t\t<ul class=\"nav nav-tabs nav-tabs--publications\">\n\t\t\t\t<li class=\"publication-type-select\">\n\t\t\t\t\t<span class=\"nav-tab--selected\">Articles<\/span>\n\t\t\t\t\t<i class='fa fa-angle-down'><\/i>\n\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<li class=\"nav-item nav-tab active\">\n\t\t\t\t\t\t<a href=\"#articles\" class=\"active\" data-toggle=\"tab\">\n\t\t\t\t\t\t\t<div class=\"nav-dropdown-spacer\">Articles<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<li class=\"nav-item nav-tab\">\n\t\t\t\t\t\t<a href=\"#working-papers\" class=\"\" data-toggle=\"tab\">\n\t\t\t\t\t\t\t<div class=\"nav-dropdown-spacer\">Working Papers<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t<\/ul>\n\n\t\t\t<div class=\"tab-content\">\n\t\t\t\t\t\t\t\t\t<ul class=\"tab-pane active\" id=\"articles\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/TAR-2022-0437\">\"Do Public Financial Statements Influence Venture Capital and Private Equity Financing?\"<\/a><\/h4> Baik, Brian K., Natalie Berfeld, and Rodrigo S. Verdi. <i>The Accounting Review<\/i> Vol. 100, No. 2 (2025): 1-203. <a target=\"_blank\" href=\"https:\/\/dx.doi.org\/10.2308\/TAR-2022-0437\">SSRN Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jacceco.2024.101671\">\"Litigation Risk and Strategic M&A Valuations.\"<\/a><\/h4> \u200bImperatore, Claudia, Gabriel Pundrich, Rodrigo Verdi, and Benjamin Yost. <i>Journal of Accounting and Economics<\/i> Vol. 78, No. 1 (2024): 101671. <a target=\"_blank\" href=\"https:\/\/dx.doi.org\/10.2139\/ssrn.3869109\">SSRN Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/TAR-2018-0585\">\"\u200bA Measure of Financial Statement Benchmarking.\"<\/a><\/h4> Hoitash, Rani, Udi Hoitash, Ahmet Kurt, and Rodrigo Verdi. <i>The Accounting Review<\/i> Vol. 98, No. 6 (2023): 253-281. <a target=\"_blank\" href=\"https:\/\/www.firmbenchmarking.com\/\">Firm Benchmarking Measure<\/a>. <a target=\"_blank\" href=\"https:\/\/dx.doi.org\/10.2139\/ssrn.3208928\">SSRN Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1177\/0148558X20945066\">\"The Pecking Order and Financing Decisions: Evidence From Changes to Financial-Reporting Regulation.\"<\/a><\/h4> Naranjo, Patricia, Daniel Saavedra, and Rodrigo Verdi. <i>Journal of Accounting, Auditing, and Finance<\/i> Vol. 37, No. 4 (2022): 727\u2013750. <a target=\"_blank\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2147838\">Download Paper<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jfineco.2021.01.009\">\"Calendar Rotations: A New Approach for Studying the Impact of Timing using Earnings Announcements.\"<\/a><\/h4> Noh, Suzie, Eric So, and Rodrigo Verdi. <i>Journal of Financial Economics<\/i> Vol. 140, No. 3 (2021): 865-893. <a target=\"_blank\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3473873\">Download Paper<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/1911-3846.12638\">\"Discussion of Economic Consequences of IFRS Adoption: The Role of Changes in Disclosure Quality.\"<\/a><\/h4> Narano, Patricia and Rodrigo Verdi. <i>Contemporary Accounting Research<\/i> Vol. 38, No. 1 (2021): 129-179. <a target=\"_blank\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3683948\">Download Paper<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/tar-2018-0376\">\"CEO Tax Effects on Acquisition Structure and Value.\"<\/a><\/h4> Hanlon, Michelle, Rodrigo Verdi, and Benjamin Yost. <i>The Accounting Review<\/i> Vol. 96, No. 2 (2021): 333-363. <a target=\"_blank\" href=\"http:\/\/doi.org\/10.2139\/ssrn.3208223\">SSRN Preprint<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/1475-679X.12337\">\"Do Firms Strategically Internalize Disclosure Spillovers? Evidence from Cash-Financed M&As\u201d.\"<\/a><\/h4> Kim, Jinhwan, Rodrigo Verdi, and Benjamin Yost. <i>Journal of Accounting Research<\/i> Vol. 58, No. 5 (2020): 1249-1297. <a target=\"_blank\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3158520\">Download Paper<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jacceco.2019.101246\">\"The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review.\"<\/a><\/h4> Roychowdhury, Sugata, Nemit Shroff, and Rodrigo Verdi. <i>Journal of Accounting and Economics<\/i> Vol. 68, No. 2-3 (2019): 101246. <a target=\"_blank\" href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3429337\">Download Paper<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jacceco.2017.03.005\">\"When Does the Peer Information Environment Matter?\"<\/a><\/h4> Shroff, Nemit, Rodrigo Verdi, and Benjamin P. Yost. <i>Journal of Accounting and Economics<\/i> Vol. 64, No. 2-3 (2017): 183-214.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1146\/annurev-financial-121415-032930\">\"Analysts&rsquo; Forecasts and Asset Pricing: A Survey.\"<\/a><\/h4> Kothari, SP, Eric So, and Rodrigo Verdi. <i>Annual Review of Financial Economics<\/i> Vol. 8, (2016): 197-219.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jfineco.2014.12.004\">\"The Effect of Repatriation Tax Costs on U.S. Multinational Investment.\"<\/a><\/h4> Hanlon, Michelle, Rebecca Lester and Rodrigo Verdi. <i>Journal of Financial Economics<\/i> Vol. 116, No. 1 (2015): 179-196.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1080\/09638180.2014.985691\">\"Mandatory Disclosure Quality, Inside Ownership, and Cost of Capital.\"<\/a><\/h4> Core, John E., Luzi Hail and Rodrigo Verdi. <i>European Accounting Review<\/i> Vol. 24, No. 1 (2015): 1-29.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/accr-50643\">\"Information Environment and the Investment Decisions of Multinationals Corporations.\"<\/a><\/h4> Shroff, Nemit, Rodrigo Verdi, and Gwen Yu. <i>The Accounting Review<\/i> Vol. 89, No. 2 (2014): 759-790.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/1475-679X.12031\">\"The Relation between Reporting Quality and Financing and Investment: Evidence from Shocks to Financing Capacity.\"<\/a><\/h4> Balakrishnan, Karthik, John E. Core, and Rodrigo Verdi. <i>Journal of Accounting Research<\/i> Vol. 52, No. 1 (2014): 1-36.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1007\/s11142-012-9217-4\">\"Management Forecast Credibility and the Underreaction to News.\"<\/a><\/h4> Ng, Jeffrey, Irem Tuna and Rodrigo Verdi. <i>Review of Accounting Studies<\/i> Vol. 18, No. 4 (2013): 956-986.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/1475-679X.12005\">\"Adopting a Label: Heterogeneity in the Economic Consequences around IAS\/IFRS Adoptions.\"<\/a><\/h4> Daske, Holger, Luzi Hail, Christian Leuz and Rodrigo Verdi. <i>Journal of Accounting Research<\/i> Vol. 51, No. 3 (2013): 495-547.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jfineco.2012.10.002\">\"Peer Choice in CEO Compensation.\"<\/a><\/h4> Albuquerque, Ana, Gus DeFranco and Rodrigo Verdi. <i>Journal of Financial Economics<\/i> Vol. 108, No. 1 (2013): 160-181. <a target=\"_blank\" href=\"https:\/\/www.dropbox.com\/s\/k024ysg8m3sa570\/Verdi_2013_JN_PeerChoice_DO.do?dl=0\">Stata Program<\/a>. <a target=\"_blank\" href=\"https:\/\/www.dropbox.com\/s\/9oyo4x84jj9tjfs\/Verdi_2013_JN_PeerChoice_DATA?dl=0\">Data Set<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jacceco.2012.07.004\">\"Discussion of &lsquo;Financial Reporting Frequency, Information Asymmetry and the Cost of Equity&#39;.\"<\/a><\/h4> Verdi, Rodrigo S. <i>Journal of Accounting and Economics<\/i> Vol. 54, No. 2-3 (2012): 150-153.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2308\/accr-10157\">\"Investor Competition over Information and the Pricing of Information Asymmetry.\"<\/a><\/h4> Akins, Brian, Jeffrey Ng and Rodrigo Verdi. <i>The Accounting Review<\/i> Vol. 87, No. 1 (2012): 35-58.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/j.1475-679X.2011.00415.x\">\"The Benefits of Financial Statement Comparability.\"<\/a><\/h4> DeFranco, Gus, S.P. Kothari, and Rodrigo Verdi. <i>Journal of Accounting Research<\/i> Vol. 49, No. 4 (2011): 895-931. <a target=\"_blank\" href=\"https:\/\/www.dropbox.com\/sh\/nhwusjhiavq7l9c\/AABvHXDKgpWPQSscFeBah4l-a?dl=0\">Data Sets<\/a>.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/j.1475-679X.2011.00415.x\">\"The Value of Earnings Comparability.\"<\/a><\/h4> DeFranco, Gus, S.P. Kothari and Rodrigo S. Verdi. <i>Journal of Accounting Research<\/i> Vol. 49, No. 4 (2011): 895-931.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jacceco.2009.09.001\">\"How Does Financial Reporting Quality Relate to Investment Efficiency?\"<\/a><\/h4> Biddle, Gary C., Gilles Hilary, and Rodrigo Verdi. <i>Journal of Accounting and Economics<\/i> Vol. 48, No. 2-3 (2009): 112-131.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1590\/S1676-56482009000100002 \">\"Dividend Clienteles, New Insights and New Questions: The Brazilian Case.\"<\/a><\/h4> Procianoy, Jairo and Rodrigo S. Verdi. <i>Business Administration Review (Revista de Adminstra\u00e7\u00e3o de Empresas  \u2013  Electr\u00f4nica)<\/i> Vol. 8, No. 1 (2009).\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/bibliotecadigital.fgv.br\/ojs\/index.php\/rbfin\/article\/view\/1429\">\"The Determinants and Consequences of the Adoption to Brazilian New Markets.\"<\/a><\/h4> Procianoy, Jairo and Rodrigo S. Verdi. <i>Brazilian Review of Finance (Revista Brasileira de Finan\u00e7as)<\/i> Vol. 7, No. 1 (2009): 1-30.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jacceco.2007.08.001\">\"Is Accruals Quality a Priced Risk Factor?\"<\/a><\/h4> Core, John E., Wayne R. Guay and Rodrigo Verdi. <i>Journal of Accounting and Economics<\/i> Vol. 46, No. 1 (2008): 2-22.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/j.1475-679X.2008.00306.x\">\"Mandatory IFRS Reporting Around the World: Early Evidence on the Economic Consequences.\"<\/a><\/h4> Daske, Holger, Luzi Hail, Christian Leuz and Rodrigo Verdi. <i>Journal of Accounting Research<\/i> Vol. 46, No. 5 (2008): 1085-1142.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1111\/j.1475-679X.2008.00290.x\">\"Implications of Transaction Costs for Post-Earnings-Announcement Drift.\"<\/a><\/h4> Ng, Jeffrey, Tjomme O. Rusticus and Rodrigo Verdi. <i>Journal of Accounting Research<\/i> Vol. 46, No. 3 (2008): 661-696.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/bibliotecadigital.fgv.br\/ojs\/index.php\/rbfin\/article\/view\/1159\">\"The Market Reaction to Changes in the Ibovespa Index.\"<\/a><\/h4> Procianoy, Jairo Laser and Rodrigo S. Verdi. <i>Brazilian Review of Finance (Revista Brasileira de Finan\u00e7as)<\/i> Vol. 4, No. 2 (2006): 141-167.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1016\/j.jacceco.2006.02.001\">\"Agency Problems of Excess Endowment Holdings in Not-For-Profit Firms.\"<\/a><\/h4> Core, John E., Wayne R. Guay and Rodrigo Verdi. <i>Journal of Accounting and Economics<\/i> Vol. 41, No. 3 (2006): 307-333.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.1007\/s11142-006-6395-y\">\"Stock Market Anomalies: What Can We Learn From Repurchases and Insider Trading?\"<\/a><\/h4> Core, John E., Wayne R. Guay, Scott A. Richardson and Rodrigo Verdi. <i>Review of Accounting Studies<\/i> Vol. 11, No. 1 (2006): 49-70.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/bibliotecadigital.fgv.br\/ojs\/index.php\/rbfin\/article\/view\/1129\">\"Dividend Clienteles in The Brazilian Market: Are the Investors Irrational?\"<\/a><\/h4> Procianoy, Jairo Laser and Rodrigo S. Verdi. <i>Brazilian Review of Finance (Revista Brasileira de Finan\u00e7as)<\/i> Vol. 2, No. 2 (2003): 217-242.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<\/ul><!-- @end .tab-pane -->\n\t\t\t\t\t\t\t\t\t<ul class=\"tab-pane \" id=\"working-papers\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2139\/ssrn.4520053\">\"The Innovation Consequences of Judicial Efficiency.\"<\/a><\/h4> Shi, Tianshuo, Jinhwan Kim, and Rodrigo Verdi, MIT Sloan Working Paper 6832-22. Cambridge, MA: MIT Sloan School of Management, June 2024.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2139\/ssrn.3867958\">\"Do Public Financial Statements Influence Venture Capital and Private Equity Financing?\"<\/a><\/h4> Baik, Brian K., Natalie Berfeld, and Rodrigo Verdi, MIT Sloan Working Paper 5869-19. Cambridge, MA: MIT Sloan School of Management, July 2022.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"wpb_text_column wpb_content_element\">\n\t\t\t\t\t\t\t\t<div class=\"wpb_wrapper\">\n\t\t\t\t\t\t\t\t\t<h4><a target=\"_blank\" href=\"http:\/\/doi.org\/10.2139\/ssrn.3537111 \">\"Why do Foreign Investors Demand Comparability? Evidence from Unsponsored ADRs.\"<\/a><\/h4> Kalay, Alon, Rodrigo Verdi, and Yu Ting Forester Wong, MIT Sloan Working Paper 6319-20. Cambridge, MA: MIT Sloan School of Management, October 2020.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<\/ul><!-- @end .tab-pane -->\n\t\t\t\t\t\t\t<\/div><!-- @end .tab-content -->\n\n\t\t<\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Articles Articles Working Papers &#8220;Do Public Financial Statements Influence Venture Capital and Private Equity Financing?&#8221; Baik, Brian K., Natalie Berfeld, and Rodrigo S. Verdi. The Accounting Review Vol. 100, No. 2 (2025): 1-203. SSRN Preprint. &#8220;Litigation Risk and Strategic M&#038;A Valuations.&#8221; \u200bImperatore, Claudia, Gabriel Pundrich, Rodrigo Verdi, and Benjamin Yost. Journal of Accounting and Economics [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-two-column.php","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"class_list":["post-393","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.0 (Yoast SEO v25.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Publications &amp; Working Papers - Rodrigo Verdi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Publications &amp; Working Papers\" \/>\n<meta property=\"og:description\" content=\"Articles Articles Working Papers &quot;Do Public Financial Statements Influence Venture Capital and Private Equity Financing?&quot; Baik, Brian K., Natalie Berfeld, and Rodrigo S. Verdi. The Accounting Review Vol. 100, No. 2 (2025): 1-203. SSRN Preprint. &quot;Litigation Risk and Strategic M&amp;A Valuations.&quot; \u200bImperatore, Claudia, Gabriel Pundrich, Rodrigo Verdi, and Benjamin Yost. Journal of Accounting and Economics [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/\" \/>\n<meta property=\"og:site_name\" content=\"Rodrigo Verdi\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-01T13:20:35+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/\",\"url\":\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/\",\"name\":\"Publications & Working Papers - Rodrigo Verdi\",\"isPartOf\":{\"@id\":\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/#website\"},\"datePublished\":\"2021-09-09T17:49:21+00:00\",\"dateModified\":\"2024-04-01T13:20:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications &#038; Working Papers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/#website\",\"url\":\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/\",\"name\":\"Rodrigo Verdi\",\"description\":\"MIT Personal Faculty\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Publications & Working Papers - Rodrigo Verdi","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/","og_locale":"en_US","og_type":"article","og_title":"Publications & Working Papers","og_description":"Articles Articles Working Papers \"Do Public Financial Statements Influence Venture Capital and Private Equity Financing?\" Baik, Brian K., Natalie Berfeld, and Rodrigo S. Verdi. The Accounting Review Vol. 100, No. 2 (2025): 1-203. SSRN Preprint. \"Litigation Risk and Strategic M&A Valuations.\" \u200bImperatore, Claudia, Gabriel Pundrich, Rodrigo Verdi, and Benjamin Yost. Journal of Accounting and Economics [&hellip;]","og_url":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/","og_site_name":"Rodrigo Verdi","article_modified_time":"2024-04-01T13:20:35+00:00","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/","url":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/","name":"Publications & Working Papers - Rodrigo Verdi","isPartOf":{"@id":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/#website"},"datePublished":"2021-09-09T17:49:21+00:00","dateModified":"2024-04-01T13:20:35+00:00","breadcrumb":{"@id":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/publications-working-papers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/"},{"@type":"ListItem","position":2,"name":"Publications &#038; Working Papers"}]},{"@type":"WebSite","@id":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/#website","url":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/","name":"Rodrigo Verdi","description":"MIT Personal Faculty","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/wp-json\/wp\/v2\/pages\/393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/wp-json\/wp\/v2\/comments?post=393"}],"version-history":[{"count":5,"href":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/wp-json\/wp\/v2\/pages\/393\/revisions"}],"predecessor-version":[{"id":473,"href":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/wp-json\/wp\/v2\/pages\/393\/revisions\/473"}],"wp:attachment":[{"href":"https:\/\/mitmgmtfaculty.mit.edu\/rverdi\/wp-json\/wp\/v2\/media?parent=393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}