Time Encoding in Languages and Investment Efficiency

Linguistics research shows that languages differ as to how they differentiate future from present events. Economics research finds that when the grammatical structure of a language disassociates th...

[1]  Robert L. Goldstone,et al.  Categorical perception. , 2010, Wiley interdisciplinary reviews. Cognitive science.

[2]  R. Jakobson On linguistic aspects of translation , 2002, The Translation Studies Reader.

[3]  Michael C. Frank,et al.  Russian blues reveal effects of language on color discrimination , 2007, Proceedings of the National Academy of Sciences.

[4]  M. C. Jensen,et al.  Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers , 1999 .

[5]  M. K. Chen,et al.  The Effect of Language on Economic Behavior: Evidence from Savings Rates, Health Behaviors, and Retirement Assets , 2012, The American economic review.

[6]  Antoinette Schoar,et al.  Managing with Style: The Effect of Managers on Firm Policies , 2003 .

[7]  How Does Financial Reporting Quality Relate to Investment Efficiency? , 2009 .

[8]  Ulrike Malmendier,et al.  CEO Overconfidence and Corporate Investment , 2002 .

[9]  Roman Jakobson,et al.  Fundamentals of Language , 1957 .

[10]  R. Kalra,et al.  Earnings Management and Investor Protection: An International Comparison , 2004 .

[11]  Florencio López‐de‐Silanes,et al.  Law and Finance , 1996, Journal of Political Economy.

[12]  C. Frydman,et al.  Military CEOS , 2014 .

[13]  Harley E. Ryan,et al.  Financial Advisors and Shareholder Wealth Gains in Corporate Takeovers , 2003, Journal of Financial and Quantitative Analysis.

[14]  E. Fama,et al.  Industry costs of equity , 1997 .

[15]  P. Kay,et al.  Categorical perception of color is lateralized to the right hemisphere in infants, but to the left hemisphere in adults , 2008, Proceedings of the National Academy of Sciences.

[16]  Lubomir P. Litov,et al.  Shared Auditors in Mergers and Acquisitions , 2014 .

[17]  Östen Dahl,et al.  On the areal distribution of tense-aspect categories in Europe , 2000 .

[18]  Accounting Conservatism and Firm Investment Efficiency , 2016 .

[19]  Ulrike Malmendier,et al.  Overconfidence and Early-Life Experiences: The Impact of Managerial Traits on Corporate Financial Policies , 2010 .

[20]  B. Saha Red tape, incentive bribe and the provision of subsidy , 2001 .

[21]  Michael Bradley,et al.  Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms , 1988 .

[22]  Isabel Y. Wang,et al.  What’s My Style? The Influence of Top Managers on Voluntary Corporate Financial Disclosure , 2008 .

[23]  Jong Chool Park,et al.  Common Auditors in M&A Transactions , 2015 .

[24]  Jeffrey Wurgler,et al.  When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms , 2001 .

[25]  D. Hambrick,et al.  Upper Echelons: The Organization as a Reflection of Its Top Managers , 1984 .

[26]  Juan M. García Lara,et al.  Accounting Conservatism and Firm Investment Efficiency , 2010 .

[27]  M. K. Chen The Effect of Language on Economic Behavior: Evidence from Savings Rates, Health Behaviors, and Retirement Assets , 2012, The American economic review.

[28]  Ulrike Malmendier,et al.  Who Makes Acquisitions? CEO Overconfidence and the Market's Reaction , 2003 .

[29]  Philipp Lergetporer,et al.  The Effect of Language on Economic Behavior: Experimental Evidence from Children's Intertemporal Choices , 2015, SSRN Electronic Journal.

[30]  Cesare Fracassi,et al.  Lost in Translation? The Effect of Cultural Values on Mergers Around the World , 2012 .

[31]  E. Morellec,et al.  Debt Enforcement, Investment, and Risk Taking Across Countries , 2016 .

[32]  Gary C. Biddle,et al.  Accounting Quality and Firm-Level Capital Investment , 2006 .

[33]  S. Mullainathan,et al.  Enjoying the Quiet Life? Corporate Governance and Managerial Preferences , 2003, Journal of Political Economy.

[34]  M. C. Jensen,et al.  The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems , 1993, A Theory of the Firm.

[35]  R. Bhagat Culture's Consequences: Comparing Values, Behaviors, Institutions, and Organizations Across Nations , 2002 .

[36]  Raquel Fernández Does Culture Matter? , 2010, SSRN Electronic Journal.

[37]  P. J. Beck,et al.  A comparison of bribery and bidding in thin markets , 1986 .

[38]  Florencio López‐de‐Silanes,et al.  Law and Finance , 1996, Journal of Political Economy.

[39]  Yongtae Kim,et al.  Languages and Earnings Management , 2017 .

[40]  Östen Dahl,et al.  The grammar of future time reference in European languages , 2000 .

[41]  B. L. Whorf Language, Thought, and Reality: Selected Writings of Benjamin Lee Whorf , 1956 .

[42]  Ö. Dahl,et al.  Tense and aspect in the languages of Europe , 2000 .

[43]  Gary C. Biddle,et al.  How Does Financial Reporting Quality Relate to Investment Efficiency? , 2009 .

[44]  Francis T. Lui,et al.  An Equilibrium Queuing Model of Bribery , 1985, Journal of Political Economy.

[45]  Patricia M. Dechow,et al.  The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors , 2002 .

[46]  Ye Cai,et al.  Board Connections and M&A Transactions , 2011 .

[47]  Home Country Tax System Characteristics and Corporate Tax Avoidance: International Evidence , 2012 .