Brian J. Bushee

University of Pennsylvania - The Wharton School

Professor

3641 Locust Walk

Philadelphia, PA 19104-6365

United States

  • University of Pennsylvania - The Wharton School

    • Email
    • Tel: 215-898-4872
    • Fax: 215-573-2054
SCHOLARLY PAPERS

34

DOWNLOADS
Rank 1,119

SSRN RANKINGS

Top 1,119

in Total Papers Downloads

39,127

SSRN CITATIONS
Rank 765

SSRN RANKINGS

Top 765

in Total Papers Citations

1,197

CROSSREF CITATIONS

544

Scholarly Papers (34)

Actions:
Email selected abstracts
1.

Abnormal Returns to a Fundamental Analysis Strategy

Number of pages: 40 Posted: 02 Dec 1996
Jeffery S. Abarbanell and Brian J. Bushee
University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Pennsylvania - The Wharton School
Downloads 4,997 (3,060)
Citation 131

Abstract:

Loading...

2.

Institutional Investors, Long-Term Investment, and Earnings Management

Number of pages: 44 Posted: 20 May 1997
Brian J. Bushee
University of Pennsylvania - The Wharton School
Downloads 3,343 (6,021)
Citation 110

Abstract:

Loading...

3.

Investor Relations, Firm Visibility, and Investor Following

Number of pages: 54 Posted: 06 Jan 2005
Brian J. Bushee and Gregory S. Miller
University of Pennsylvania - The Wharton School and University of Michigan, Stephen M. Ross School of Business
Downloads 3,227 (6,381)
Citation 110

Abstract:

Loading...

Investor Relations, Visibility, Disclosure, Institutional Investors, Analysts, Media

4.

Disclosure Quality, Institutional Investors, and Stock Return Volatility

Downloads 2,807 ( 7,932)

Disclosure Quality, Institutional Investors, and Stock Return Volatility

Number of pages: 41 Posted: 02 Feb 1999
Brian J. Bushee and Christopher F. Noe
University of Pennsylvania - The Wharton School and Massachusetts Institute of Technology - Sloan School of Management
Downloads 2,807 (7,801)
Citation 11

Abstract:

Loading...

Disclosure Quality, Institutional Investors, and Stock Return Volatility

Posted: 07 Nov 1999
Brian J. Bushee and Christopher F. Noe
University of Pennsylvania - The Wharton School and Massachusetts Institute of Technology - Sloan School of Management

Abstract:

Loading...

5.

Institutional Investor Preferences for Corporate Governance Mechanisms

Journal of Management Accounting Research, Vol. 26, No. 2, 2014
Number of pages: 49 Posted: 12 Dec 2007 Last Revised: 25 Mar 2015
Brian J. Bushee, Mary Ellen Carter and Joseph Gerakos
University of Pennsylvania - The Wharton School, Boston College - Department of Accounting and Tuck School of Business at Dartmouth College
Downloads 2,365 (10,382)
Citation 29

Abstract:

Loading...

Corporate Governance, Institutional Investors, Board of Directors

6.

Factors Affecting the Implementability of Stock Market Trading Strategies

Number of pages: 48 Posted: 14 Apr 2003
Brian J. Bushee and Jana Smith Raedy
University of Pennsylvania - The Wharton School and University of North Carolina at Chapel Hill
Downloads 2,237 (11,387)
Citation 16

Abstract:

Loading...

stock market trading strategies, portfolio implementability, market efficiency

7.

Do Institutional Investors Prefer Near-Term Earnings Over Long-Run Value?

Downloads 2,200 (11,695)
Citation 209

Do Institutional Investors Prefer Near-Term Earnings Over Long-Run Value?

Number of pages: 50 Posted: 01 May 1999
Brian J. Bushee
University of Pennsylvania - The Wharton School
Downloads 2,200 (11,467)
Citation 209

Abstract:

Loading...

Do Institutional Investors Prefer Near-Term Earnings Over Long-Run Value?

Posted: 23 Apr 2001
Brian J. Bushee
University of Pennsylvania - The Wharton School

Abstract:

Loading...

Institutional investors; Managerial myopia; Investor clienteles; Market efficiency

8.

Linguistic Complexity in Firm Disclosures: Obfuscation or Information?

Downloads 2,139 (12,215)
Citation 48

Linguistic Complexity in Firm Disclosures: Obfuscation or Information?

Journal of Accounting Research, Forthcoming
Number of pages: 65 Posted: 08 Jan 2014 Last Revised: 20 Jun 2017
Brian J. Bushee, Ian D. Gow and Daniel J. Taylor
University of Pennsylvania - The Wharton School, University of Melbourne and The Wharton School, University of Pennsylvania
Downloads 2,139 (11,966)
Citation 48

Abstract:

Loading...

Disclosure; Linguistic complexity; Conference calls; Information asymmetry

Linguistic Complexity in Firm Disclosures: Obfuscation or Information?

Journal of Accounting Research, Vol. 56, No. 1, 2018
Posted: 05 May 2018
Brian J. Bushee, Ian D. Gow and Daniel J. Taylor
University of Pennsylvania - The Wharton School, University of Melbourne and The Wharton School, University of Pennsylvania

Abstract:

Loading...

Disclosure, Linguistic Complexity, Conference Calls, Information Asymmetry

9.

Economic Consequences of Sec Disclosure Regulation: Evidence from the OTC Bulletin Board

Downloads 2,075 (12,845)
Citation 112

Economic Consequences of Sec Disclosure Regulation: Evidence from the OTC Bulletin Board

AFA 2004 San Diego Meetings
Number of pages: 43 Posted: 19 Apr 2004
Brian J. Bushee and Christian Leuz
University of Pennsylvania - The Wharton School and University of Chicago - Booth School of Business
Downloads 2,075 (12,597)
Citation 112

Abstract:

Loading...

Mandatory disclosure, enforcement, externalities, over-the-counter market, liquidity, listing choices, eligibility rule

Economic Consequences of Sec Disclosure Regulation: Evidence from the OTC Bulletin Board

Journal of Accounting & Economics, Vol. 39, No. 2, 2005
Posted: 15 Apr 2004
Brian J. Bushee and Christian Leuz
University of Pennsylvania - The Wharton School and University of Chicago - Booth School of Business

Abstract:

Loading...

Mandatory disclosure, Enforcement, Externalities, Over-the-counter market, Liquidity, Listing choices, Eligibility rule

10.

Managerial and Investor Responses to Disclosure Regulation: The Case of Reg Fd and Conference Calls

Downloads 1,276 (27,005)
Citation 104

Managerial and Investor Responses to Disclosure Regulation: The Case of Reg Fd and Conference Calls

Number of pages: 43 Posted: 17 May 2002
Brian J. Bushee, Dawn A. Matsumoto and Gregory S. Miller
University of Pennsylvania - The Wharton School, University of Washington - Department of Accounting and University of Michigan, Stephen M. Ross School of Business
Downloads 762 (54,915)
Citation 9

Abstract:

Loading...

Disclosure regulation, Regulation FD, Disclosure Policy, Individual Investor Trading, Price Volatility

Managerial and Investor Responses to Disclosure Regulation: The Case of Reg Fd and Conference Calls

Number of pages: 43 Posted: 02 Feb 2005
Brian J. Bushee, Dawn A. Matsumoto and Gregory S. Miller
University of Pennsylvania - The Wharton School, University of Washington - Department of Accounting and University of Michigan, Stephen M. Ross School of Business
Downloads 514 (91,058)
Citation 17

Abstract:

Loading...

Disclosure Regulation, Regulation FD, Disclosure Policy, Individual Investor Trading, Price Volatility

11.

Do Investors Benefit from Selective Access to Management?

Downloads 1,153 (31,378)
Citation 53

Do Investors Benefit from Selective Access to Management?

Journal of Financial Reporting, Vol. 2, No. 1 (Spring 2017), pp. 31-61.
Number of pages: 1 Posted: 07 Jul 2011 Last Revised: 03 Aug 2018
Brian J. Bushee, Michael J. Jung and Gregory S. Miller
University of Pennsylvania - The Wharton School, University of Delaware - Alfred Lerner College of Business and Economics and University of Michigan, Stephen M. Ross School of Business
Downloads 1,059 (34,836)
Citation 20

Abstract:

Loading...

Regulation Fair Disclosure, Selective Disclosure, Conference Presentations, Informed Trading

Do Investors Benefit from Selective Access to Management?

Journal of Financial Reporting, Vol. 2, No. 1 (Spring 2017), pp. 31-61.
Number of pages: 1 Posted: 04 Apr 2017 Last Revised: 03 Aug 2018
Brian J. Bushee, Michael J. Jung and Gregory S. Miller
University of Pennsylvania - The Wharton School, University of Delaware - Alfred Lerner College of Business and Economics and University of Michigan, Stephen M. Ross School of Business
Downloads 94 (458,106)
Citation 16

Abstract:

Loading...

Selective Disclosure, Regulation Fair Disclosure, Conference Presentations, Informed Trading

12.

The Effects of Institutional Investor Preferences on Ownership Changes and Stock Prices Around Corporate Spin-Offs

Number of pages: 37 Posted: 25 Aug 1998
Jeffery S. Abarbanell, Brian J. Bushee and Jana Smith Raedy
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Pennsylvania - The Wharton School and University of North Carolina at Chapel Hill
Downloads 1,153 (31,378)
Citation 4

Abstract:

Loading...

13.

The Role of the Business Press as an Information Intermediary

Downloads 1,105 (33,287)
Citation 178

The Role of the Business Press as an Information Intermediary

Number of pages: 26 Posted: 01 Feb 2007 Last Revised: 22 Nov 2011
Brian J. Bushee, John E. Core, Wayne R. Guay and Sophia Hamm
University of Pennsylvania - The Wharton School, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department and Tulane University - A.B. Freeman School of Business
Downloads 1,105 (32,803)
Citation 126

Abstract:

Loading...

Business Press, Information Asymmetry, Information Intermediaries, Earnings Announcements

The Role of the Business Press as an Information Intermediary

Journal of Accounting Research, Vol. 48, No. 1, March 2010
Posted: 23 Nov 2011
Brian J. Bushee, John E. Core, Wayne R. Guay and Sophia Hamm
University of Pennsylvania - The Wharton School, Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department and Tulane University - A.B. Freeman School of Business

Abstract:

Loading...

Business Press, Information Asymmetry, Information Intermediaries, Earnings Announcement

14.

Accounting Choice, Home Bias, and Us Investment in Non-Us Firms

Downloads 1,004 (38,122)

Accounting Choice, Home Bias, and Us Investment in Non-Us Firms

Number of pages: 59 Posted: 06 Jan 2003
Mark T Bradshaw, Brian J. Bushee and Gregory S. Miller
Boston College, University of Pennsylvania - The Wharton School and University of Michigan, Stephen M. Ross School of Business
Downloads 1,004 (37,554)
Citation 92

Abstract:

Loading...

Accounting Choice, Institutional Investors, US GAAP, Home Bias

Accounting Choice, Home Bias, and Us Investment in Non-Us Firms

Posted: 03 Jun 2004
Mark T Bradshaw, Brian J. Bushee and Gregory S. Miller
Boston College, University of Pennsylvania - The Wharton School and University of Michigan, Stephen M. Ross School of Business

Abstract:

Loading...

Accounting Choice, Institutional Investors, US GAAP, Home Bias

15.

The Dark Side of Investor Conferences: Evidence of Managerial Opportunism

The Accounting Review, forthcoming, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 63 Posted: 17 Nov 2020 Last Revised: 14 Feb 2023
Brian J. Bushee, Daniel J. Taylor and Christina Zhu
University of Pennsylvania - The Wharton School, The Wharton School, University of Pennsylvania and University of Pennsylvania - The Wharton School
Downloads 974 (39,764)
Citation 4

Abstract:

Loading...

Investor conferences, voluntary disclosure, private information, insider trading, opportunism

16.

Open Versus Closed Conference Calls: The Determinants and Effects of Broadening Access to Disclosure

Downloads 922 (42,984)

Open Versus Closed Conference Calls: The Determinants and Effects of Broadening Access to Disclosure

Number of pages: 46 Posted: 11 Jan 2001
Brian J. Bushee, Dawn A. Matsumoto and Gregory S. Miller
University of Pennsylvania - The Wharton School, University of Washington - Department of Accounting and University of Michigan, Stephen M. Ross School of Business
Downloads 922 (42,359)
Citation 44

Abstract:

Loading...

Open Versus Closed Conference Calls: The Determinants and Effects of Broadening Access to Disclosure

Journal of Accounting and Economics, Vol. 34, Nos. 1-3, pp. 149-180, January 2003
Posted: 16 Oct 2002
Brian J. Bushee, Dawn A. Matsumoto and Gregory S. Miller
University of Pennsylvania - The Wharton School, University of Washington - Department of Accounting and University of Michigan, Stephen M. Ross School of Business

Abstract:

Loading...

conference calls, corporate disclosure, selective disclosure, price volatility, institutional investors

17.

Institutional Investor Preferences and Price Pressure: The Case of Corporate Spin-Offs

Downloads 842 (48,720)

Institutional Investor Preferences and Price Pressure: The Case of Corporate Spin-Offs

Number of pages: 45 Posted: 25 Jun 2001
Jeffery S. Abarbanell, Brian J. Bushee and Jana Smith Raedy
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Pennsylvania - The Wharton School and University of North Carolina at Chapel Hill
Downloads 842 (48,015)
Citation 11

Abstract:

Loading...

Price pressure, institutional investors, corporate spin-offs

Institutional Investor Preferences and Price Pressure: The Case of Corporate Spin-Offs

Posted: 11 Jul 2001
Jeffery S. Abarbanell, Brian J. Bushee and Jana Smith Raedy
University of North Carolina (UNC) at Chapel Hill - Finance Area, University of Pennsylvania - The Wharton School and University of North Carolina at Chapel Hill

Abstract:

Loading...

Price pressure, Institutional investors, Corporate spin-offs

18.

Which Institutional Investors Trade Based on Private Information About Earnings and Returns?

Number of pages: 49 Posted: 26 Oct 2005
Brian J. Bushee and Theodore H. Goodman
University of Pennsylvania - The Wharton School and Purdue University - Department of Accounting
Downloads 740 (57,992)
Citation 3

Abstract:

Loading...

Institutional investors, private information, informed trading, stock returns

19.

Conference Presentations and the Disclosure Milieu

Journal of Accounting Research, December 2011, Vol. 49, No. 5, pp. 1163-1192
Number of pages: 44 Posted: 29 Sep 2009 Last Revised: 26 Jul 2017
Brian J. Bushee, Michael J. Jung and Gregory S. Miller
University of Pennsylvania - The Wharton School, University of Delaware - Alfred Lerner College of Business and Economics and University of Michigan, Stephen M. Ross School of Business
Downloads 622 (72,575)
Citation 18

Abstract:

Loading...

Voluntary Disclosure, Conference Presentations, Managerial Presentations, Investor Conferences, Brokerage Conferences

20.

Does the Media Help or Hurt Retail Investors During the IPO Quiet Period?

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 57 Posted: 29 Apr 2018 Last Revised: 27 Aug 2019
Brian J. Bushee, Matthew C. Cedergren and Jeremy Michels
University of Pennsylvania - The Wharton School, Santa Clara University and Purdue University
Downloads 597 (76,386)
Citation 35

Abstract:

Loading...

Media, Retail Investors, Retail Trade, Initial Public Offering, IPO, Quiet Period, Individual Investors, Investor Attention

21.

Financial Reporting Quality, Investment Horizon, and Institutional Investor Trading Strategies

Number of pages: 51 Posted: 24 Jul 2018
Brian J. Bushee, Theodore H. Goodman and Shyam V. Sunder
University of Pennsylvania - The Wharton School, Purdue University - Department of Accounting and University of Arizona - Department of Accounting
Downloads 494 (96,521)
Citation 2

Abstract:

Loading...

Keywords: Institutional investors, financial reporting quality, trading strategies, arbitrage costs

22.

Public and Private Information Channels along Supply Chains: Evidence from Contractual Private Forecasts

Number of pages: 65 Posted: 11 Jan 2021
Brian J. Bushee, Jessica Kim-Gina and Edith Leung
University of Pennsylvania - The Wharton School, University of California, Los Angeles (UCLA) - Accounting Area and Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)
Downloads 490 (97,497)

Abstract:

Loading...

Supply Chain, Inter-firm Information Transfer, Private Disclosures, Management Forecasts

23.

Do Analysts and Investors Efficiently Respond to Managerial Linguistic Complexity during Conference Calls?

Number of pages: 49 Posted: 21 Jun 2019 Last Revised: 15 Jul 2022
Brian J. Bushee and Ying (Julie) Huang
University of Pennsylvania - The Wharton School and University of Louisville
Downloads 458 (105,711)

Abstract:

Loading...

conference call; linguistic complexity; two-way engagement; informative technical disclosure; analyst forecasts; market reaction.

24.

Did the Siebel Systems Case Limit the SEC’s Ability to Enforce Regulation Fair Disclosure?

Number of pages: 81 Posted: 23 Aug 2019 Last Revised: 03 Feb 2022
Kristian D. Allee, Brian J. Bushee, Tyler J. Kleppe and Andrew T. Pierce
University of Arkansas - Department of Accounting, University of Pennsylvania - The Wharton School, University of Kentucky - Von Allmen School of Accountancy and J. Mack Robinson College of Business, Georgia State University
Downloads 457 (105,997)
Citation 6

Abstract:

Loading...

Regulation Fair Disclosure; SEC enforcement; Siebel Systems; institutional investors; selective disclosure; informed trading.

25.

Disclosure Standards and the Sensitivity of Returns to Mood

Review of Financial Studies (doi: 10.1093/rfs/hhv054)
Number of pages: 64 Posted: 21 Feb 2012 Last Revised: 10 Sep 2015
Brian J. Bushee and Henry L. Friedman
University of Pennsylvania - The Wharton School and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 373 (134,017)
Citation 12

Abstract:

Loading...

Disclosure standards, Mood, Return noise, Susceptible investors

26.

Corporate Jets and Private Meetings with Investors

Journal of Accounting & Economics, Forthcoming, Tuck School of Business Working Paper No. 3113941
Number of pages: 53 Posted: 07 Feb 2018
Brian J. Bushee, Joseph Gerakos and Lian Fen Lee
University of Pennsylvania - The Wharton School, Tuck School of Business at Dartmouth College and Boston College - Carroll School of Management
Downloads 364 (137,702)
Citation 40

Abstract:

Loading...

Selective disclosure, Corporate jets, Institutional investors

27.

Co-opetition and the Firm’s Information Environment

Number of pages: 68 Posted: 20 Sep 2021
Brian J. Bushee, Thomas Keusch and Jessica Kim-Gina
University of Pennsylvania - The Wharton School, INSEAD and University of California, Los Angeles (UCLA) - Accounting Area
Downloads 287 (177,361)

Abstract:

Loading...

Technology, Co-opetition, Information Environment, Management Forecasts

28.

Measuring Tax-Sensitive Institutional Investor Ownership

Number of pages: 57 Posted: 04 Aug 2016
Jennifer Blouin, Brian J. Bushee and Stephanie A. Sikes
University of Pennsylvania - Accounting Department, University of Pennsylvania - The Wharton School and University of Pennsylvania - Accounting Department
Downloads 273 (186,601)
Citation 14

Abstract:

Loading...

institutional investors, tax-sensitivity, capital gains taxes, portfolio performance

29.

Discussion of 'Financial Reporting Opacity and Informed Trading by International Institutional Investors'

Number of pages: 24 Posted: 13 Aug 2012
Brian J. Bushee
University of Pennsylvania - The Wharton School
Downloads 153 (317,553)

Abstract:

Loading...

Opacity, Informed Trade, Institutional Investors

30.

Did the Siebel Systems Case Limit the SEC's Ability to Enforce Regulation Fair Disclosure?

Journal of Accounting Research, Volume 60, Issue 4 (2022)
Posted: 03 Nov 2022
Kristian D. Allee, Brian J. Bushee, Tyler J. Kleppe and Andrew T. Pierce
University of Arkansas - Department of Accounting, University of Pennsylvania - The Wharton School, University of Kentucky - Von Allmen School of Accountancy and J. Mack Robinson College of Business, Georgia State University

Abstract:

Loading...

Regulation Fair Disclosure; SEC enforcement; Siebel Systems; institutional investors; selective disclosure; informed trading

31.

Tax-Sensitive Institutional Investors

2011 American Accounting Association Annual Meeting - Tax Concurrent Sessions
Posted: 06 Aug 2011
Jennifer Blouin, Brian J. Bushee and Stephanie A. Sikes
University of Pennsylvania - Accounting Department, University of Pennsylvania - The Wharton School and University of Pennsylvania - Accounting Department

Abstract:

Loading...

32.

Corporate Disclosure Practices, Institutional Investors, and Stock Return Volatility

Posted: 23 Feb 2001
Brian J. Bushee and Christopher F. Noe
University of Pennsylvania - The Wharton School and Massachusetts Institute of Technology - Sloan School of Management

Abstract:

Loading...

Corporate disclosure; Institutional investors; Stock Return Volatility

33.

The Influence of Institutional Investors on Myopic R&D Investment Behavior

Posted: 26 Jan 1999
Brian J. Bushee
University of Pennsylvania - The Wharton School

Abstract:

Loading...

34.

Fundamental Analysis Future Earnings, and Stock Prices

Downloads 0 (1,029,675)

Fundamental Analysis Future Earnings, and Stock Prices

Posted: 08 Jul 1998
Jeffery S. Abarbanell and Brian J. Bushee
University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Pennsylvania - The Wharton School

Abstract:

Loading...

Fundamental Analysis, Future Earnings, and Stock Prices

JOURNAL OF ACCOUNTING RESEARCH, Vol 35, No 1, Spring 1997
Posted: 04 Dec 1996
Jeffery S. Abarbanell and Brian J. Bushee
University of North Carolina (UNC) at Chapel Hill - Finance Area and University of Pennsylvania - The Wharton School

Abstract:

Loading...