Kevin Smith

Stanford University Graduate School of Business

655 Knight Way

Stanford, CA 94305-5015

United States

  • Stanford University Graduate School of Business

SCHOLARLY PAPERS

14

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SSRN CITATIONS
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Top 24,090

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38

CROSSREF CITATIONS

5

Scholarly Papers (14)

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1.

Losing is Optional: Retail Option Trading and Earnings Announcement Volatility

Number of pages: 61 Posted: 29 Mar 2022 Last Revised: 01 Dec 2022
Tim de Silva, Kevin Smith and Eric C. So
Massachusetts Institute of Technology (MIT), Economics, Finance, Accounting (EFA), Students, Stanford University Graduate School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 2,581 (8,671)

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Retail trading, option pricing, earnings announcements, volatility

2.

A Theory of Risk Disclosure

Review of Accounting Studies, Forthcoming
Number of pages: 47 Posted: 24 Jul 2015 Last Revised: 10 Jun 2017
Mirko Stanislav Heinle and Kevin Smith
University of Pennsylvania - Accounting Department and Stanford University Graduate School of Business
Downloads 935 (40,482)
Citation 17

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disclosure, variance uncertainty

3.

Measuring Risk Information

Downloads 764 (53,333)
Citation 6

Measuring Risk Information

Stanford University Graduate School of Business Research Paper No. 3519543
Number of pages: 63 Posted: 07 Feb 2020 Last Revised: 16 Apr 2021
Kevin Smith and Eric C. So
Stanford University Graduate School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 764 (52,585)
Citation 6

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risk information, option prices, earnings announcements, volatility forecasting

Measuring Risk Information

Journal of Accounting Research, Volume 60, Issue 2, 2022, Stanford University Graduate School of Business Research Paper No. 4129228, MIT Sloan Research Paper No. 6881-22
Posted: 11 Oct 2022 Last Revised: 14 May 2023
Kevin Smith and Eric C. So
Stanford University Graduate School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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risk uncertainty, earnings announcements, implied volatility, cost of capital, risk disclosure

4.

Disclosing to Informed Traders

Number of pages: 77 Posted: 06 Jan 2021 Last Revised: 19 Sep 2022
Snehal Banerjee, Ivan Marinovic and Kevin Smith
University of California, San Diego (UCSD) - Rady School of Management, Graduate School of Business, Stanford University and Stanford University Graduate School of Business
Downloads 511 (89,201)
Citation 2

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Voluntary Disclosure, Trading, Price Efficiency, Private Information

5.

Strategic Complexity in Disclosure

Number of pages: 66 Posted: 05 Oct 2021 Last Revised: 19 Sep 2022
Cyrus Aghamolla and Kevin Smith
University of Minnesota - Twin Cities and Stanford University Graduate School of Business
Downloads 436 (108,169)

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Financial reporting complexity, disclosure, complexity, obfuscation, disclosure informativeness, sophisticated investors, MD&A

6.

Risk Information, Investor Learning, and Informational Feedback

Stanford University Graduate School of Business Research Paper No. 19-8
Number of pages: 47 Posted: 04 Dec 2018 Last Revised: 25 Jan 2022
Kevin Smith
Stanford University Graduate School of Business
Downloads 392 (121,979)
Citation 4

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Risk Disclosure, Liquidity, Investment Efficiency

7.

Asymmetric Disclosure, Noise Trade, and Firm Valuation

HEC Paris Research Paper Forthcoming
Number of pages: 73 Posted: 21 Oct 2020 Last Revised: 03 Jan 2023
Davide Cianciaruso, Ivan Marinovic and Kevin Smith
HEC Paris - Accounting and Management Control Department, Graduate School of Business, Stanford University and Stanford University Graduate School of Business
Downloads 329 (147,957)

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Short-selling, Noise Trade, Disclosure, Bayesian Persuasion, Downside Risk, Trading

8.

Feedback Effects with Risk Aversion: An Application to Climate Risk

Number of pages: 68 Posted: 20 Apr 2021 Last Revised: 01 Jun 2022
Snehal Banerjee, Bradyn M. Breon-Drish and Kevin Smith
University of California, San Diego (UCSD) - Rady School of Management, University of California, San Diego (UCSD) - Rady School of Management and Stanford University Graduate School of Business
Downloads 321 (151,887)

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feedback effects, welfare, investment efficiency, hedging, market completeness, risk sharing, discount rate

9.

Learning about Risk-Factor Exposures from Earnings: Implications for Asset Pricing and Manipulation

Journal of Accounting & Economics (JAE), Forthcoming, Stanford University Graduate School of Business Research Paper
Number of pages: 50 Posted: 09 Mar 2021 Last Revised: 29 Mar 2021
Anne Beyer and Kevin Smith
Stanford University - Graduate School of Business and Stanford University Graduate School of Business
Downloads 291 (168,388)
Citation 1

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Earnings betas, aggregate earnings, post-earnings announcement drift, earnings manipulation, return autocorrelation

10.

Asymmetric Information, Disagreement, and the Valuation of Debt and Equity

Stanford University Graduate School of Business Research Paper No. 4278165
Number of pages: 51 Posted: 22 Nov 2022 Last Revised: 19 May 2023
Snehal Banerjee, Bradyn M. Breon-Drish and Kevin Smith
University of California, San Diego (UCSD) - Rady School of Management, University of California, San Diego (UCSD) - Rady School of Management and Stanford University Graduate School of Business
Downloads 158 (300,994)

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capital structure, rational expectations, difference of opinions, disagreement, liquidity trading, information quality

11.

An option-based approach to measuring disclosure asymmetry

Number of pages: 57 Posted: 17 Nov 2017 Last Revised: 28 Nov 2022
Kevin Smith
Stanford University Graduate School of Business
Downloads 154 (305,893)
Citation 3

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Option prices, disclosure, asymmetry, earnings announcements, model-free implied skewness

12.

Constrained Listening, Audience Alignment, and Expert Communication

Number of pages: 50 Posted: 13 Nov 2017
Kevin Smith, Mirko Stanislav Heinle, Paul E. Fischer and Paul E. Fischer
Stanford University Graduate School of Business, University of Pennsylvania - Accounting Department and University of Pennsylvania - Accounting DepartmentUniversity of Pennsylvania
Downloads 98 (426,024)
Citation 1

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Cheap talk, communication, media bias

13.

Financial Markets with Trade on Risk and Return

The Review of Financial Studies, Volume 32, Issue 10, Stanford University Graduate School of Business Research Paper No. 3454563, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Posted: 25 Sep 2019
Kevin Smith
Stanford University Graduate School of Business

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14.

Risk-Factor Disclosure and Asset Prices

The Accounting Review, Forthcoming
Posted: 13 Feb 2018
Mirko Stanislav Heinle, Kevin Smith and Robert E. Verrecchia
University of Pennsylvania - Accounting Department, Stanford University Graduate School of Business and University of Pennsylvania - Accounting Department

Abstract:

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Factor loading, disclosure, capital markets