Michael S. Drake

Brigham Young University - Marriott School

United States

SCHOLARLY PAPERS

27

DOWNLOADS
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14,410

CITATIONS
Rank 6,518

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Top 6,518

in Total Papers Citations

76

Scholarly Papers (27)

1.

Should Investors Follow the Prophets or the Bears? Evidence on the Use of Public Information by Analysts and Short Sellers

The Accounting Review, Vol. 86, No. 1, 2011
Number of pages: 46 Posted: 17 Sep 2008 Last Revised: 27 Aug 2010
Michael S. Drake, Lynn L. Rees and Edward P. Swanson
Brigham Young University - Marriott School, Texas A&M University - Department of Accounting and Texas A&M University - Mays Business School
Downloads 1,405 (9,059)
Citation 18

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analysts' recommendations, short sellers, trading strategy, fundamental analysis

2.

Disclosure Quality and the Mispricing of Accruals and Cash Flow

Journal of Accounting, Auditing and Finance, 2009
Number of pages: 43 Posted: 13 May 2007 Last Revised: 21 Mar 2010
Michael S. Drake, James N. Myers and Linda A. Myers
Brigham Young University - Marriott School, University of Tennessee, Knoxville - College of Business Administration and University of Tennessee, Haslam College of Business, Accounting and Information Management
Downloads 1,306 (10,896)
Citation 9

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Disclosure quality, mispricing, accrual anomaly, cash flow mispricing

3.

Investor Information Demand: Evidence from Google Searches Around Earnings Announcements

Journal of Accounting Research, Forthcoming
Number of pages: 55 Posted: 26 Jan 2012 Last Revised: 26 Jul 2014
Michael S. Drake, Darren T. Roulstone and Jacob R. Thornock
Brigham Young University - Marriott School, Ohio State University (OSU) - Fisher College of Business and Brigham Young University
Downloads 1,233 (9,302)
Citation 11

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Information Demand, Earnings Announcements, Information Content, Price Discovery

4.

Do Earnings Reported Under IFRS Tell Us More About Future Earnings and Cash Flows?

Journal of Accounting and Public Policy, Vol. 30, No. 4, 2011
Number of pages: 40 Posted: 25 Feb 2010 Last Revised: 12 Oct 2010
T. J. Atwood, Michael S. Drake, James N. Myers and Linda A. Myers
University of Arkansas, Brigham Young University - Marriott School, University of Tennessee, Knoxville - College of Business Administration and University of Tennessee, Haslam College of Business, Accounting and Information Management
Downloads 919 (14,596)
Citation 4

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International Financial Reporting Standards, IFRS, domestic accounting standards, GAAP, usefulness of earnings, earnings prediction, future cash flows

5.

Book-Tax Conformity, Earnings Persistence and the Association Between Earnings and Future Cash Flows

Journal of Accounting & Economics (JAE), Vol. 50, No. 1, 2010
Number of pages: 41 Posted: 05 Nov 2007 Last Revised: 14 Mar 2010
T. J. Atwood, Michael S. Drake and Linda A. Myers
University of Arkansas, Brigham Young University - Marriott School and University of Tennessee, Haslam College of Business, Accounting and Information Management
Downloads 849 (18,554)
Citation 15

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book-tax conformity, book-tax differences, usefulness of earnings, earnings persistence, future cash flows

6.

Acquirer Valuation and Acquisition Decisions: Identifying Mispricing Using Short Interest

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming, Fisher College of Business Working Paper No. 2010-03-011, Charles A. Dice Center Working Paper No. 2010-11
Number of pages: 62 Posted: 16 Mar 2010 Last Revised: 03 May 2013
Itzhak Ben-David, Michael S. Drake and Darren T. Roulstone
Ohio State University - Fisher College of Business, Finance Department, Brigham Young University - Marriott School and Ohio State University (OSU) - Fisher College of Business
Downloads 796 (24,888)
Citation 3

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Mergers, Acquisitions, Short-Selling, Short, Value Destruction, Overvaluation, Managers, Announcement, Merger Announcement, Acquirer, Target, Event Study, Stock Mergers, Mixed Mergers, Cash Mergers, Method of Payment, Public/Private Targets, Stock Market Driven Acquisitions, Merger Arbitrage

7.

The Determinants and Consequences of Information Acquisition via EDGAR

Contemporary Accounting Research, Forthcoming
Number of pages: 57 Posted: 14 Feb 2012 Last Revised: 21 Mar 2014
Michael S. Drake, Darren T. Roulstone and Jacob R. Thornock
Brigham Young University - Marriott School, Ohio State University (OSU) - Fisher College of Business and Brigham Young University
Downloads 736 (20,317)
Citation 1

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Information acquisition, EDGAR, information environment

8.

A Re-Examination of Analysts’ Superiority over Time-Series Forecasts of Annual Earnings

Review of Accounting Studies, Vol. 17, No. 4, 2012
Number of pages: 41 Posted: 29 Dec 2009 Last Revised: 15 Feb 2012
Boston College, Brigham Young University - Marriott School, University of Tennessee, Knoxville - College of Business Administration and University of Tennessee, Haslam College of Business, Accounting and Information Management
Downloads 709 (24,923)
Citation 2

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analyst forecasts, earnings per share, time-series forecasts, earnings forecasts, earnings expectations

9.

Pivotal Change in US Public Policy: How the Sarbanes-Oxley Act Affected Internal Auditing and its Relationship to External Auditing

International Journal of Accounting, Auditing & Performance Evaluation, 2009
Number of pages: 41 Posted: 18 Sep 2009
Murphy Smith, Michael S. Drake and Mike Shaub
Texas A&M University-Corpus Christi, Brigham Young University - Marriott School and Texas A&M University
Downloads 448 (47,213)

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Accounting regulation, SOX, internal auditing, public policy

10.

Short Selling Around Restatement Announcements: When Do Bears Pounce?

Number of pages: 46 Posted: 18 Aug 2010 Last Revised: 07 Sep 2014
Brigham Young University - Marriott School, University of Tennessee, Haslam College of Business, Accounting and Information Management, University of Kansas - Accounting and Information Systems Area and Texas A&M University - Department of Accounting
Downloads 432 (48,425)
Citation 3

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Short sellers, short interest, information revelation, accounting restatements, market reactions

11.

The Media and Mispricing: The Role of the Business Press in the Pricing of Accounting Information

The Accounting Review, Vol. 89, No. 5, pp. 1673-1701, 2014, Kelley School of Business Research Paper No. 2014-41
Number of pages: 50 Posted: 25 May 2013 Last Revised: 13 Nov 2014
Michael S. Drake, Nicholas M. Guest and Brady J. Twedt
Brigham Young University - Marriott School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Indiana University - Kelley School of Business - Department of Accounting
Downloads 428 (31,174)

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business press, accrual anomaly, cash flow anomaly, mispricing, information dissemination, information creation

12.

Short Interest as a Signal of Audit Risk

Contemporary Accounting Research, Vol. 28, No. 4, Winter 2011
Number of pages: 39 Posted: 23 Oct 2010 Last Revised: 01 Nov 2011
Cory A. Cassell, Michael S. Drake and Stephanie J. Rasmussen
University of Arkansas, Brigham Young University - Marriott School and University of Texas at Arlington
Downloads 405 (42,361)
Citation 3

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Auditors, Audit Fees, Fraud Risks, Short Sellers, SAS 99

13.

Analysts' Accrual-Related Over-Optimism: Do Analyst Characteristics Play a Role?

Review of Accounting Studies, Vol. 16, No. 4, December 2011
Number of pages: 48 Posted: 31 Mar 2007 Last Revised: 29 Nov 2009
Michael S. Drake and Linda A. Myers
Brigham Young University - Marriott School and University of Tennessee, Haslam College of Business, Accounting and Information Management
Downloads 391 (57,944)
Citation 6

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forecasts, analyst experience, brokerage size, analyst optimism, working capital accruals

14.

Optimistic Reporting and Pessimistic Investing: Do Pro Forma Earnings Disclosures Attract Short Sellers?

Contemporary Accounting Research, Forthcoming
Number of pages: 43 Posted: 06 May 2009 Last Revised: 24 Sep 2012
University of Georgia - J.M. Tull School of Accounting, Brigham Young University - Marriott School and Brigham Young University
Downloads 362 (44,763)
Citation 1

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Pro forma earnings, short selling, investor sophistication

15.

The Comovement of Investor Attention

Number of pages: 52 Posted: 06 Oct 2012 Last Revised: 16 Dec 2015
Brigham Young University - Marriott School, Ohio State University (OSU) - Fisher College of Business, Washington University in St. Louis and Brigham Young University
Downloads 300 (44,232)

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Investor attention, comovement, returns, EDGAR, Google

16.

The Usefulness of Income Tax Disclosures Under IFRS versus U.S. GAAP for Predicting Changes in Future Earnings and Cash Flows

Number of pages: 46 Posted: 27 Nov 2012
T. J. Atwood, Ying Cao, Michael S. Drake and Linda A. Myers
University of Arkansas, The Chinese University of Hong Kong (CUHK) - School of Accountancy, Brigham Young University - Marriott School and University of Tennessee, Haslam College of Business, Accounting and Information Management
Downloads 241 (89,248)

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International Financial Reporting Standards, U.S. GAAP, tax aggressiveness, usefulness of earnings, earnings prediction, future cash flows

17.

Short Sellers and the Informativeness of Stock Prices with Respect to Future Earnings

Review of Accounting Studies, Forthcoming
Number of pages: 46 Posted: 16 Jun 2012 Last Revised: 08 Jan 2015
Brigham Young University - Marriott School, University of Tennessee, Knoxville - College of Business Administration, University of Tennessee, Haslam College of Business, Accounting and Information Management and Vanderbilt University - Accounting
Downloads 224 (89,248)

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Short sellers, short interest, future earnings response coefficient (FERC), market efficiency

18.

The Usefulness of Historical Accounting Reports

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 48 Posted: 13 Jun 2012 Last Revised: 10 Dec 2015
Michael S. Drake, Darren T. Roulstone and Jacob R. Thornock
Brigham Young University - Marriott School, Ohio State University (OSU) - Fisher College of Business and Brigham Young University
Downloads 196 (64,186)

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EDGAR, information acquisition, usefulness, financial reports

19.

March Market Madness: The Impact of Value-Irrelevant Events on the Market Pricing of Earnings News

Contemporary Accounting Research, Forthcoming
Number of pages: 54 Posted: 10 Mar 2015
Michael S. Drake, Kurt H. Gee and Jacob R. Thornock
Brigham Young University - Marriott School, Stanford University - Graduate School of Business and Brigham Young University
Downloads 141 (100,447)

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March Madness, Investor Distraction

The Internet as an Information Intermediary

Number of pages: 52 Posted: 03 Jul 2015 Last Revised: 23 Mar 2017
Michael S. Drake, Jacob R. Thornock and Brady J. Twedt
Brigham Young University - Marriott School, Brigham Young University and Indiana University - Kelley School of Business - Department of Accounting
Downloads 134 (183,939)

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information dissemination, internet, web coverage, price formation, earnings announcements

The Internet as an Information Intermediary

Review of Accounting Studies, Forthcoming, Kelley School of Business Research Paper No. 17-22
Posted: 23 Mar 2017
Michael S. Drake, Jacob R. Thornock and Brady J. Twedt
Brigham Young University - Marriott School, Brigham Young University and Indiana University - Kelley School of Business - Department of Accounting

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information dissemination, internet, web coverage, price formation, earnings announcements

21.

Auditor Litigation Risk and the Number of Institutional Investors

Auditing: A Journal of Practice & Theory, Forthcoming
Posted: 27 Sep 2014 Last Revised: 22 May 2017
Cory A. Cassell, Michael S. Drake and Travis Dyer
University of Arkansas, Brigham Young University - Marriott School and University of North Carolina at Chapel Hill

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auditor, audit fees, institutional investors, litigation risk, sophisticated investors

22.

Pushing the Future Back: The Impact of Policy Uncertainty on the Market Pricing of Future Earnings

Number of pages: 56 Posted: 19 Oct 2014 Last Revised: 01 Nov 2017
Michael S. Drake, Michael A. Mayberry and Jaron H. Wilde
Brigham Young University - Marriott School, University of Florida - Fisher School of Accounting and University of Iowa - Henry B. Tippie College of Business
Downloads 87 (191,430)

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political uncertainty, future earnings response coefficient

23.

Auditor Research

Number of pages: 53 Posted: 31 Aug 2017 Last Revised: 14 Sep 2017
Brigham Young University - Marriott School, Arizona State University, University of Washington - Foster School of Business and Brigham Young University
Downloads 0 (175,052)

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audit process, information acquisition, client financial reporting, EDGAR filings

24.

Between a Rock and a Hard Place: A Path Forward for Using Substantive Analytical Procedures in Auditing Large P&L Accounts: Commentary and Analysis

Auditing: A Journal of Practice & Theory, Vol. 34, No. 3, 2015
Posted: 15 Mar 2014 Last Revised: 30 Jul 2015
Steven M. Glover, Douglas F. Prawitt and Michael S. Drake
Brigham Young University, Brigham Young University and Brigham Young University - Marriott School

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Substantive analyst procedures, revenue testing, materiality, audit evidence

25.

Home Country Tax System Characteristics and Corporate Tax Avoidance: International Evidence

Accounting Review, Vol. 87, No. 6, 2012 doi: 10.2308/accr-50222
Posted: 23 Apr 2010 Last Revised: 20 Nov 2012
T. J. Atwood, Michael S. Drake, James N. Myers and Linda A. Myers
University of Arkansas, Brigham Young University - Marriott School, University of Tennessee, Knoxville - College of Business Administration and University of Tennessee, Haslam College of Business, Accounting and Information Management

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Tax avoidance, tax systems, book-tax conformity, managerial incentives

26.

Analysts’ Accrual-Related Over-Optimism: Do Analyst Characteristics Play a Role?

Review of Accounting Studies, Vol. 16, No. 4, 2011
Posted: 30 Nov 2009
Michael S. Drake and Linda A. Myers
Brigham Young University - Marriott School and University of Tennessee, Haslam College of Business, Accounting and Information Management

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analyst forecasts, analyst experience, brokerage size, analyst optimism, working capital accruals

27.

Analyst Forecast Bundling

Kelley School of Business Research Paper No. 17-17
Number of pages: 55 Posted: 01 Mar 2017
Brigham Young University - Marriott School, INSEAD, Indiana University - Kelley School of Business - Department of Accounting and Indiana University - Kelley School of Business - Department of Accounting
Downloads 127

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Financial Analysts, Earnings Forecasts, Forecast Bundling