Michael S. Drake

Brigham Young University - Marriott School

United States

SCHOLARLY PAPERS

30

DOWNLOADS
Rank 1,963

SSRN RANKINGS

Top 1,963

in Total Papers Downloads

15,998

CITATIONS
Rank 6,487

SSRN RANKINGS

Top 6,487

in Total Papers Citations

76

Scholarly Papers (30)

1.

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 1,650 (9,645)
Citation 11

Abstract:

Loading...

Information Demand, Earnings Announcements, Information Content, Price Discovery

2.

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, Utah State University - Huntsman School of Business and Texas A&M University - Mays Business School
Downloads 1,610 (10,035)
Citation 18

Abstract:

Loading...

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

3.

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 1,397 (12,629)
Citation 9

Abstract:

Loading...

Disclosure quality, mispricing, accrual anomaly, cash flow mispricing

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 - Department of Accounting, 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 1,188 (16,260)
Citation 5

Abstract:

Loading...

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 - Department of Accounting, Brigham Young University - Marriott School and University of Tennessee, Haslam College of Business, Accounting and Information Management
Downloads 1,034 (19,975)
Citation 14

Abstract:

Loading...

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

6.

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 1,013 (20,633)
Citation 1

Abstract:

Loading...

Information acquisition, EDGAR, information environment

7.

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, Cornell University - Samuel Curtis Johnson Graduate School of Management and University of Oregon - Lundquist College of Business
Downloads 872 (25,698)

Abstract:

Loading...

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

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 837 (27,253)
Citation 2

Abstract:

Loading...

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

9.

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 (OSU) - Department of Finance, Brigham Young University - Marriott School and Ohio State University (OSU) - Fisher College of Business
Downloads 836 (27,299)
Citation 3

Abstract:

Loading...

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

10.

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 590 (43,739)

Abstract:

Loading...

Investor attention, comovement, returns, EDGAR, Google

11.

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 573 (45,421)
Citation 3

Abstract:

Loading...

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

12.

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 570 (45,729)
Citation 1

Abstract:

Loading...

Pro forma earnings, short selling, investor sophistication

13.

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 506 (53,205)
Citation 3

Abstract:

Loading...

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

14.

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-Department of Accounting, Brigham Young University - Marriott School and Texas A&M University
Downloads 505 (53,333)

Abstract:

Loading...

Accounting regulation, SOX, internal auditing, public policy

15.

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 434 (64,327)

Abstract:

Loading...

EDGAR, information acquisition, usefulness, financial reports

16.

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 432 (64,694)
Citation 6

Abstract:

Loading...

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

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 333 (87,772)

Abstract:

Loading...

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

18.

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, Penn State and Brigham Young University
Downloads 314 (93,718)

Abstract:

Loading...

March Madness, Investor Distraction

19.

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 - Department of Accounting, 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 307 (96,030)

Abstract:

Loading...

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

Auditor Benchmarking of Client Disclosures

Number of pages: 50 Posted: 31 Aug 2017 Last Revised: 12 Dec 2018
Brigham Young University - Marriott School, Arizona State University, University of Washington - Foster School of Business and Brigham Young University
Downloads 265 (112,287)

Abstract:

Loading...

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

Auditor Benchmarking of Client Disclosures

Review of Accounting Studies, Forthcoming
Posted: 25 Jan 2019
Brigham Young University - Marriott School, Arizona State University, University of Washington - Foster School of Business and Brigham Young University

Abstract:

Loading...

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

21.

Analyst Forecast Bundling

Forthcoming, Management Science
Number of pages: 61 Posted: 01 Mar 2017 Last Revised: 04 Mar 2019
Brigham Young University - Marriott School, INSEAD, Indiana University - Kelley School of Business - Department of Accounting and University of Oregon - Lundquist College of Business
Downloads 248 (120,359)

Abstract:

Loading...

Financial Analysts, Earnings Forecasts, Forecast Bundling

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 University of Oregon - Lundquist College of Business
Downloads 190 (155,545)

Abstract:

Loading...

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 University of Oregon - Lundquist College of Business

Abstract:

Loading...

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

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 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 159 (182,298)

Abstract:

Loading...

political uncertainty, future earnings response coefficient

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

Journal of Business Finance & Accounting, Vol. 45, Issue 7-8, pp. 895-927, 2018
Number of pages: 33 Posted: 03 Aug 2018
Michael S. Drake, Michael A. Mayberry and Jaron H. Wilde
Brigham Young University - Marriott School, Texas A&M University - Department of Accounting and University of Iowa - Henry B. Tippie College of Business
Downloads 1 (664,576)
  • Add to Cart

Abstract:

Loading...

future earnings response coefficient, policy uncertainty

24.

Is There Information Content in Information Acquisition?

Number of pages: 61 Posted: 14 Apr 2019
Brigham Young University - Marriott School, George Mason University - Department of Accounting, Ohio State University (OSU) - Fisher College of Business and Brigham Young University
Downloads 97 (266,335)

Abstract:

Loading...

Information Acquisition, Investor Expectations, Sophisticated Traders, EDGAR

25.

How Does Going Public Affect Employee Behavior? Evidence from Brokerage IPOs

Number of pages: 43 Posted: 11 Apr 2019
Boston College, Brigham Young University - Marriott School, Indiana University - Kelley School of Business - Department of Accounting and University of Oregon - Lundquist College of Business
Downloads 37 (426,654)

Abstract:

Loading...

Financial Analysts, Forecast Bias, Initial Public Offerings

26.

Disclosure Overload? A Professional‐User Perspective on the Usefulness of General Purpose Financial Statements

Contemporary Accounting Research, Forthcoming
Posted: 09 May 2019
Michael S. Drake, Jeffrey Hales and Lynn L. Rees
Brigham Young University - Marriott School, Georgia Institute of Technology - Scheller College of Business and Utah State University - Huntsman School of Business

Abstract:

Loading...

disclosure overload, financial statements, financial statement footnotes, accounting usefulness, analysts

27.

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 Cornell University

Abstract:

Loading...

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

28.

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

Abstract:

Loading...

Substantive analyst procedures, revenue testing, materiality, audit evidence

29.

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 - Department of Accounting, 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

Abstract:

Loading...

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

30.

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

Abstract:

Loading...

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