Rodrigo S. Verdi

Massachusetts Institute of Technology (MIT)

Associate Professor of Accounting

Sloan School of Management

100 Main Street E62-666

Cambridge, MA 02142

United States

SCHOLARLY PAPERS

34

DOWNLOADS
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68,066

SSRN CITATIONS
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Top 780

in Total Papers Citations

1,817

CROSSREF CITATIONS

129

Scholarly Papers (34)

Mandatory IFRS Reporting Around the World: Early Evidence on the Economic Consequences

ECGI - Finance Working Paper No. 198/2008, Chicago GSB Research Paper No. 12
Number of pages: 74 Posted: 25 Oct 2007 Last Revised: 19 Jan 2023
Holger Daske, Luzi Hail, Christian Leuz and Rodrigo S. Verdi
University of Mannheim, University of Pennsylvania - The Wharton School, University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT)
Downloads 13,872 (614)
Citation 105

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Regulation, International accounting, IAS, U.S. GAAP, Disclosure, Market liquidity, Cost of equity, Enforcement, Security markets

Mandatory IFRS Reporting Around the World: Early Evidence on the Economic Consequences

Journal of Accounting Research, Vol. 46, No. 5, pp. 1085-1142, 2008
Posted: 08 Sep 2008 Last Revised: 20 Jan 2023
Holger Daske, Luzi Hail, Christian Leuz and Rodrigo S. Verdi
University of Mannheim, University of Pennsylvania - The Wharton School, University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT)

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Regulation, International accounting, IAS, U.S. GAAP, Disclosure, Market liquidity, Cost of equity, Enforcement, Security markets

2.

Financial Reporting Quality and Investment Efficiency

Number of pages: 55 Posted: 19 Sep 2006
Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT)
Downloads 7,241 (1,897)
Citation 67

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Reporting Quality, Investment Efficiency, Adverse Selection, Agency Problems

3.

How Does Financial Reporting Quality Relate to Investment Efficiency?

Journal of Accounting & Economics (JAE), December 2009
Number of pages: 49 Posted: 01 Dec 2010 Last Revised: 21 Sep 2015
Gary C. Biddle, Gilles Hilary and Rodrigo S. Verdi
University of Melbourne - Faculty of Business and Economics, Georgetown University - Department of Accounting and Business Law and Massachusetts Institute of Technology (MIT)
Downloads 6,201 (2,459)
Citation 409

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Financial Reporting Quality, Investment Efficiency, Accounting Quality, Adverse Selection, Moral Hazard

Adopting a Label: Heterogeneity in the Economic Consequences Around IAS/IFRS Adoptions

Number of pages: 66 Posted: 12 Apr 2007 Last Revised: 12 Mar 2013
Holger Daske, Luzi Hail, Christian Leuz and Rodrigo S. Verdi
University of Mannheim, University of Pennsylvania - The Wharton School, University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT)
Downloads 5,047 (3,478)
Citation 108

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International accounting, Reporting incentives, IAS, U.S. GAAP, Disclosure, Cost of equity, IFRS implementation

Adopting a Label: Heterogeneity in the Economic Consequences Around IAS/IFRS Adoptions

Journal of Accounting Research, Vol. 51, No. 3, pp. 495-547, 2013
Posted: 19 Mar 2013 Last Revised: 21 Apr 2013
Holger Daske, Luzi Hail, Christian Leuz and Rodrigo S. Verdi
University of Mannheim, University of Pennsylvania - The Wharton School, University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT)

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International accounting, Reporting incentives, IAS, U.S. GAAP, Disclosure, Cost of equity, IFRS implementation

5.
Downloads 3,467 ( 6,626)
Citation 116

The Benefits of Financial Statement Comparability

Number of pages: 54 Posted: 11 Sep 2008 Last Revised: 15 Mar 2011
Gus De Franco, S.P. Kothari and Rodrigo S. Verdi
Purdue University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)
Downloads 3,467 (6,509)
Citation 118

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Earnings Quality, Analysts, Earnings Attributes

The Benefits of Financial Statement Comparability

Journal of Accounting Research, Vol. 49, No. 4, pp. 895-931, 2011
Posted: 19 Mar 2011 Last Revised: 23 Jan 2012
Gus De Franco, S.P. Kothari and Rodrigo S. Verdi
Purdue University, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)

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Earnings Quality, Analysts, Earnings Attributes

6.

The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review

Journal of Accounting & Economics (JAE), Forthcoming, MIT Sloan Research Paper No. 5616-18
Number of pages: 83 Posted: 07 Aug 2020 Last Revised: 10 Aug 2020
Sugata Roychowdhury, Nemit Shroff and Rodrigo S. Verdi
Northwestern University Kellogg School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)
Downloads 2,715 (9,728)
Citation 41

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financial accounting, disclosure, real effects, investment, M&A, capital budgeting, agency frictions

Stock Market Anomalies: What Can We Learn from Repurchases and Insider Trading?

Number of pages: 41 Posted: 20 Apr 2004
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department, London Business School and Massachusetts Institute of Technology (MIT)
Downloads 2,583 (10,352)
Citation 17

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Accruals, SUE, share repurchases, insider trading

Stock Market Anomalies: What Can We Learn from Repurchases and Insider Trading?

Review of Accounting Studies, Vol. 11, No. 1, pp. 49-70, 2006
Posted: 11 Aug 2005 Last Revised: 23 Jan 2012
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department, London Business School and Massachusetts Institute of Technology (MIT)

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Accruals, SUE, share repurchases, insider trading

Management Forecast Credibility and Underreaction to News

Number of pages: 49 Posted: 15 Sep 2006 Last Revised: 18 Apr 2013
Jeffrey Ng, A. Irem Tuna and Rodrigo S. Verdi
The University of Hong Kong - Faculty of Business and Economics, London Business School and Massachusetts Institute of Technology (MIT)
Downloads 2,299 (12,449)
Citation 36

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Market efficiency, Management forecasts, Earnings, Disclosure quality

Management Forecast Credibility and Underreaction to News

Review of Accounting Studies, Forthcoming
Posted: 31 Jul 2012
Jeffrey Ng, A. Irem Tuna and Rodrigo S. Verdi
The University of Hong Kong - Faculty of Business and Economics, London Business School and Massachusetts Institute of Technology (MIT)

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Market efficiency, Credibility, Voluntary disclosure

9.

Information Environment and the Investment Decisions of Multinational Corporations

The Accounting Review, Vol. 89, No. 2, pp. 759-790, March 2014, MIT Sloan Research Paper No. 4942-11
Number of pages: 51 Posted: 06 Oct 2011 Last Revised: 29 Mar 2014
Nemit Shroff, Rodrigo S. Verdi and Gwen Yu
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) and University of Michigan
Downloads 1,707 (20,299)
Citation 62

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Corporate Investment, Investment Efficiency, Information Environment, Information Quality, Information Asymmetry, Multinational Corporations, MNCs, Financial Reporting Quality, Transparency

10.
Downloads 1,654 (21,323)
Citation 70

Is Accruals Quality a Priced Risk Factor?

Number of pages: 50 Posted: 28 Jun 2006 Last Revised: 16 Nov 2011
John E. Core, Wayne R. Guay and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department and Massachusetts Institute of Technology (MIT)
Downloads 1,654 (20,949)
Citation 70

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Asset pricing tests, Accruals quality, Information risk, Portfolio theory and diversification

Is Accruals Quality a Priced Risk Factor?

Journal of Accounting & Economics (JAE), Vol. 46, No. 1, pp. 2-22, 2008
Posted: 23 Aug 2007 Last Revised: 23 Jan 2012
John E. Core, Wayne R. Guay and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department and Massachusetts Institute of Technology (MIT)

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Asset-pricing tests, Accruals quality, Information risk, Portfolio theory and diversification

11.

The Pecking Order and Financing Decisions: Evidence from Changes to Financial Reporting Regulation

Number of pages: 39 Posted: 17 Sep 2012 Last Revised: 07 Apr 2020
Patricia L. Naranjo, Daniel Saavedra and Rodrigo S. Verdi
Rice University, UCLA Anderson School of Management and Massachusetts Institute of Technology (MIT)
Downloads 1,562 (23,264)
Citation 8

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Financial Reporting Regulation, Financing Decisions, Information Asymmetry, Capital Structure, International Accounting, IAS, IFRS

12.

Information Environment and the Cost of Equity Capital

Number of pages: 41 Posted: 19 Jul 2005
Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT)
Downloads 1,485 (25,105)
Citation 16

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Information asymmetry, information uncertainty, cost of equity capital

13.
Downloads 1,456 (25,838)
Citation 71

Peer Choice in CEO Compensation

Number of pages: 53 Posted: 22 Mar 2009 Last Revised: 04 Jan 2022
Ana M. Albuquerque, Gus De Franco and Rodrigo S. Verdi
Boston University - Questrom School of Business, Purdue University and Massachusetts Institute of Technology (MIT)
Downloads 1,428 (26,121)
Citation 16

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executive compensation, benchmarking, peer groups

Peer Choice in CEO Compensation

Journal of Financial Economics, 108: 160 – 181.
Number of pages: 54 Posted: 14 Sep 2012 Last Revised: 12 Jan 2022
Ana M. Albuquerque, Gus De Franco and Rodrigo S. Verdi
Boston University - Questrom School of Business, Purdue University and Massachusetts Institute of Technology (MIT)
Downloads 28 (929,844)
Citation 55

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Executive compensation, benchmarking, peer groups

14.

A Measure of Financial Statement Benchmarking

The Accounting Review, Vol. 98 (6), pp. 253-281, 2023
Number of pages: 52 Posted: 19 Jul 2018 Last Revised: 30 Nov 2023
Rani Hoitash, Udi Hoitash, Ahmet C. Kurt and Rodrigo S. Verdi
Bentley University - Department of Accountancy, Northeastern University - Accounting Group, Bentley University - Department of Accountancy and Massachusetts Institute of Technology (MIT)
Downloads 1,445 (26,131)
Citation 11

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Financial statement benchmarking, Peer benchmarking, Analyst forecasts, CEO compensation, Peer-based valuation, XBRL.

Investor Competition Over Information and the Pricing of Information Asymmetry

The Accounting Review, Forthcoming
Number of pages: 43 Posted: 27 Feb 2011 Last Revised: 18 Apr 2013
Brian Akins, Jeffrey Ng and Rodrigo S. Verdi
Rice University - Jesse H. Jones Graduate School of Business, The University of Hong Kong - Faculty of Business and Economics and Massachusetts Institute of Technology (MIT)
Downloads 905 (50,315)
Citation 32

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Information Risk, Information Quality, Asset Pricing

Investor Competition Over Information and the Pricing of Information Asymmetry

Accounting Review, Vol. 87, No. 1, pp. 35-58, 2012
Number of pages: 43 Posted: 07 Jun 2011 Last Revised: 18 Apr 2013
Brian Akins, Jeffrey Ng and Rodrigo S. Verdi
Rice University - Jesse H. Jones Graduate School of Business, The University of Hong Kong - Faculty of Business and Economics and Massachusetts Institute of Technology (MIT)
Downloads 436 (127,834)

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Information Risk, Information Quality, Asset Pricing

16.

Calendar Rotations: A New Approach for Studying the Impact of Timing using Earnings Announcements

Journal of Financial Economics 140 (3), 865-893
Number of pages: 57 Posted: 28 Oct 2019 Last Revised: 29 Sep 2021
Suzie Noh, Eric C. So and Rodrigo S. Verdi
Stanford Graduate School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)
Downloads 1,216 (33,673)
Citation 2

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Analysts’ Forecasts and Asset Pricing: A Survey

Number of pages: 46 Posted: 16 Mar 2016
S.P. Kothari, Eric C. So and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)
Downloads 1,171 (34,921)
Citation 78

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Analysts’ Forecasts and Asset Pricing: A Survey

Annual Review of Financial Economics, Vol. 8, pp. 197-219, 2016
Posted: 18 Nov 2016
S.P. Kothari, Eric C. So and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)

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18.

When Does the Peer Information Environment Matter?

Journal of Accounting & Economics (JAE), Vol. 64, No. 2-3, pp. 183-214, November 2017
Number of pages: 68 Posted: 04 Mar 2016 Last Revised: 03 Dec 2017
Nemit Shroff, Rodrigo S. Verdi and Benjamin Yost
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) and Boston College - Carroll School of Management
Downloads 1,161 (35,911)
Citation 105

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Disclosure; Externalities; Regulation; Cost of Capital; Financial Accounting; Bonds; IPOs; SEOs

Implications of Transaction Costs for the Post-Earnings-Announcement Drift

Number of pages: 55 Posted: 02 May 2006 Last Revised: 18 Apr 2013
Jeffrey Ng, Tjomme O. Rusticus and Rodrigo S. Verdi
The University of Hong Kong - Faculty of Business and Economics, Hong Kong Polytechnic University - School of Accounting and Finance and Massachusetts Institute of Technology (MIT)
Downloads 1,131 (36,710)
Citation 38

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market efficiency, transaction costs, post-earnings announcement drift

Implications of Transaction Costs for the Post-Earnings-Announcement Drift

Journal of Accounting Research, Vol. 46, No. 3, June 2008
Posted: 24 Oct 2007 Last Revised: 18 Apr 2013
Jeffrey Ng, Tjomme O. Rusticus and Rodrigo S. Verdi
The University of Hong Kong - Faculty of Business and Economics, Hong Kong Polytechnic University - School of Accounting and Finance and Massachusetts Institute of Technology (MIT)

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market efficiency, transaction costs, post-earnings-announcement-drift

Mandatory Disclosure Quality, Inside Ownership, and Cost of Capital

Number of pages: 48 Posted: 01 Jun 2014 Last Revised: 25 Oct 2014
John E. Core, Luzi Hail and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - The Wharton School and Massachusetts Institute of Technology (MIT)
Downloads 994 (44,186)
Citation 12

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Cost of equity, Disclosure regulation, Ownership, Law and finance, International accounting, Legal system

Mandatory Disclosure Quality, Inside Ownership, and Cost of Capital

European Accounting Review, Vol. 24, No. 1, pp. 1-29, 2015
Posted: 07 Apr 2015
John E. Core, Luzi Hail and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - The Wharton School and Massachusetts Institute of Technology (MIT)

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Cost of equity, Disclosure regulation, Ownership, Law and finance, International accounting, Legal system

21.

The Effect of Repatriation Tax Costs on U.S. Multinational Investment

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 50 Posted: 26 May 2014 Last Revised: 14 Sep 2022
Michelle Hanlon, Rebecca Lester and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Stanford Graduate School of Business and Massachusetts Institute of Technology (MIT)
Downloads 952 (47,652)
Citation 51

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Cash, Investment, Tax

22.

Do Public Financial Statements Influence Venture Capital and Private Equity Financing? 

Number of pages: 44 Posted: 25 Jun 2021 Last Revised: 23 Jun 2024
Brian K. Baik, Natalie Berfeld and Rodrigo S. Verdi
Harvard Business School, Boston College - Carroll School of Management and Massachusetts Institute of Technology (MIT)
Downloads 935 (48,844)
Citation 2

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Private equity, venture capital, financial reporting regulation, private firms

The Relation between Reporting Quality and Financing and Investment: Evidence from Changes in Financing Capacity

Number of pages: 52 Posted: 24 Sep 2011 Last Revised: 08 Jul 2013
Karthik Balakrishnan, John E. Core and Rodrigo S. Verdi
Rice University - Jesse H. Jones Graduate School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)
Downloads 838 (55,954)
Citation 35

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Reporting quality, investment, collateral, financing constraints

The Relation between Reporting Quality and Financing and Investment: Evidence from Changes in Financing Capacity

Journal of Accounting Research, Vol. 52, No. 1, 2014
Posted: 05 Mar 2014
Karthik Balakrishnan, John E. Core and Rodrigo S. Verdi
Rice University - Jesse H. Jones Graduate School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)

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Reporting quality, investment, collateral, financing constraints

24.

Litigation Risk and Strategic M&A Valuations

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 59 Posted: 25 Jun 2021 Last Revised: 03 Jan 2024
Bocconi University - Department of Accounting, University of Florida, Massachusetts Institute of Technology (MIT) and Boston College - Carroll School of Management
Downloads 833 (57,265)
Citation 1

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Mergers and acquisitions; Appraisal laws; Fairness opinions; Valuation

Agency Problems of Excess Endowment Holdings in Not-for-Profit Firms

Number of pages: 48 Posted: 19 Jul 2004
John E. Core, Wayne R. Guay and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department and Massachusetts Institute of Technology (MIT)
Downloads 724 (67,941)
Citation 25

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Corporate governance, not-for-profit, non-profit, executive compensation, cash holdings, endowment, agency problems

Agency Problems of Excess Endowment Holdings in Not-for-Profit Firms

Journal of Accounting & Economics (JAE), Vol. 41, No. 3, pp. 307-333, 2006
Posted: 02 Mar 2006 Last Revised: 23 Jan 2012
John E. Core, Wayne R. Guay and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department and Massachusetts Institute of Technology (MIT)

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Corporate governance, Not-for-profit, Cash holdings, Endowment, Agency problems

26.

CEO Tax Effects on Acquisition Structure and Value

Forthcoming in The Accounting Review, March 2021
Number of pages: 56 Posted: 16 Jul 2018 Last Revised: 08 Mar 2020
Michelle Hanlon, Rodrigo S. Verdi and Benjamin Yost
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) and Boston College - Carroll School of Management
Downloads 701 (71,913)
Citation 13

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Do Firms Strategically Internalize Disclosure Spillovers? Evidence from Cash-Financed M&As

Journal of Accounting Research [58(5): 1249-1297 (December 2020)]
Number of pages: 62 Posted: 16 Apr 2018 Last Revised: 28 Dec 2020
Jinhwan Kim, Rodrigo S. Verdi and Benjamin Yost
Stanford Graduate School of Business, Massachusetts Institute of Technology (MIT) and Boston College - Carroll School of Management
Downloads 698 (71,272)
Citation 18

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corporate disclosures; internalizing externalities; mergers and acquisitions

Do Firms Strategically Internalize Disclosure Spillovers? Evidence from Cash‐Financed M&As

Journal of Accounting Research, Volume 58, Issue 2, Stanford University Graduate School of Business Research Paper
Posted: 15 Mar 2021
Jinhwan Kim, Rodrigo S. Verdi and Benjamin Yost
Stanford Graduate School of Business, Massachusetts Institute of Technology (MIT) and Boston College - Carroll School of Management

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corporate disclosures; internalizing externalities; mergers and acquisitions

28.

Are Reporting Incentives and Accounting Standards Substitutes or Complements in Achieving Accounting Comparability?

Number of pages: 40 Posted: 25 Apr 2014
Simon Business School, University of RochesterUniversity of Rochester - Simon Business School and Massachusetts Institute of Technology (MIT)
Downloads 559 (95,688)
Citation 8

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Reporting incentives, accounting standards, IFRS, comparability, Euro, EU

29.

Geographic Spillovers and Corporate Decisions

Number of pages: 33 Posted: 11 Jul 2016
John E. Core, Inna Abramova and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, London Business School and Massachusetts Institute of Technology (MIT)
Downloads 484 (114,110)
Citation 5

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geographic spillovers, investment, accruals, similarity, quality, corporate policy, density, metropolitan area

30.

Discussion of 'Financial Reporting Frequency, Information Asymmetry, and the Cost of Equity'

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 13 Posted: 29 Jul 2012
Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT)
Downloads 460 (121,300)
Citation 7

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Interim reporting frequency, information asymmetry, cost of equity

31.

The Innovation Consequences of Judicial Efficiency

Number of pages: 95 Posted: 27 Jul 2023 Last Revised: 19 Aug 2024
Jinhwan Kim, Terrence Tianshuo Shi and Rodrigo S. Verdi
Stanford Graduate School of Business, Harvard University - Business School (HBS) and Massachusetts Institute of Technology (MIT)
Downloads 386 (148,955)
Citation 3

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Judicial efficiency, regulatory enforcement, patent litigation, innovation

32.

The Effect of Economic Integration on Accounting Comparability: Evidence from the Adoption of the Euro

Number of pages: 35 Posted: 30 Jun 2013
Simon Business School, University of RochesterUniversity of Rochester - Simon Business School and Massachusetts Institute of Technology (MIT)
Downloads 369 (156,171)
Citation 4

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Accounting comparability, Euro, European Union, accounting standard, reporting incentives

33.

Discussion of 'Economic Consequences of IFRS Adoption: The Role of Changes in Disclosure Quality'

Contemporary Accounting Research, Forthcoming
Number of pages: 15 Posted: 16 Dec 2020
Patricia L. Naranjo and Rodrigo S. Verdi
Rice University and Massachusetts Institute of Technology (MIT)
Downloads 221 (264,291)
Citation 2

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IFRS, IAS, Financial Reporting Regulation, International Accounting, Disclosure Quality

34.

Why do Foreign Investors Demand Comparability? Evidence from Unsponsored ADRs

Number of pages: 52 Posted: 08 Mar 2020 Last Revised: 23 Oct 2020
Alon Kalay, Rodrigo S. Verdi and Yu Ting Forester Wong
Michigan State University - Eli Broad College of Business, Massachusetts Institute of Technology (MIT) and City University of Hong Kong (CityU)
Downloads 158 (356,808)

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Accounting comparability, Unsponsored cross listing, Institutional investors, Information processing costs