Henry L. Friedman

University of California, Los Angeles (UCLA) - Anderson School of Management

Associate Professor

110 Westwood Plaza

Los Angeles, CA 90095-1481

United States

SCHOLARLY PAPERS

30

DOWNLOADS
Rank 5,870

SSRN RANKINGS

Top 5,870

in Total Papers Downloads

13,402

SSRN CITATIONS
Rank 6,073

SSRN RANKINGS

Top 6,073

in Total Papers Citations

246

CROSSREF CITATIONS

41

Scholarly Papers (30)

1.

A Theoretical Framework for ESG Reporting to Investors

Number of pages: 46 Posted: 11 Oct 2021 Last Revised: 02 Dec 2021
Henry L. Friedman, Mirko Stanislav Heinle and Irina Luneva
University of California, Los Angeles (UCLA) - Anderson School of Management, University of Pennsylvania - Accounting Department and University of Pennsylvania - Accounting Department
Downloads 2,386 (11,407)

Abstract:

Loading...

ESG reporting, ESG valuation, real effects

2.

Economic Uncertainty and Investor Attention

Proceedings of the EUROFIDAI-ESSEC Paris December Finance Meeting 2022
Number of pages: 83 Posted: 04 Mar 2018 Last Revised: 02 May 2023
Daniel Andrei, Henry L. Friedman and N. Bugra Ozel
McGill University, University of California, Los Angeles (UCLA) - Anderson School of Management and University of Texas at Dallas
Downloads 1,100 (36,960)
Citation 2

Abstract:

Loading...

Investor attention; Economic uncertainty; Earnings announcements; CAPM

3.

The Strategic CFO? Implications of the CFO's Role and Responsibilities

AAA 2015 Management Accounting Section (MAS) Meeting
Number of pages: 35 Posted: 11 Oct 2012 Last Revised: 29 Sep 2015
Henry L. Friedman
University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 809 (56,718)
Citation 5

Abstract:

Loading...

CFO, responsibilities, role, collaboration

4.

Common Ownership, Executive Compensation, and Product Market Competition

Number of pages: 58 Posted: 11 Oct 2021 Last Revised: 04 Aug 2023
Matthew J. Bloomfield, Henry L. Friedman and Hwa Young Kim
The Wharton School of the University of Pennsylvania, University of California, Los Angeles (UCLA) - Anderson School of Management and Hong Kong University of Science and Technology
Downloads 700 (68,764)
Citation 4

Abstract:

Loading...

Common ownership, competition, executive compensation, strategic delegation

5.

Lobbying and Uniform Disclosure Regulation

Journal of Accounting Research, Forthcoming
Number of pages: 43 Posted: 15 Jul 2012 Last Revised: 10 Mar 2016
Henry L. Friedman and Mirko Stanislav Heinle
University of California, Los Angeles (UCLA) - Anderson School of Management and University of Pennsylvania - Accounting Department
Downloads 615 (80,925)
Citation 7

Abstract:

Loading...

Disclosure, Regulation, Lobbying

6.

Interested Investors and Intermediaries: When do ESG Concerns Lead to ESG Performance?

Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 58 Posted: 05 Sep 2020 Last Revised: 12 Aug 2021
Henry L. Friedman and Mirko Stanislav Heinle
University of California, Los Angeles (UCLA) - Anderson School of Management and University of Pennsylvania - Accounting Department
Downloads 550 (93,596)
Citation 5

Abstract:

Loading...

Asset management, investor preferences, asset pricing, corporate social responsibility, impact investing

7.

Optimal Reporting When Additional Information Might Arrive

Journal of Accounting & Economics (JAE), Volume 69(2-3)
Number of pages: 52 Posted: 30 Sep 2015 Last Revised: 02 Nov 2020
Henry L. Friedman, John S. Hughes and Beatrice Michaeli
University of California, Los Angeles (UCLA) - Anderson School of Management, University of California at Los Angeles and University of California, Los Angeles (UCLA)
Downloads 521 (99,605)
Citation 29

Abstract:

Loading...

Bayesian persuasion, discretionary disclosure, mandatory disclosure, verifiable messages, commitment

8.

Implications of Power: When the CEO Can Pressure the CFO to Bias Reports

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 61 Posted: 20 Jun 2014
Henry L. Friedman
University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 517 (100,591)
Citation 5

Abstract:

Loading...

reporting, bias, countervailing incentives, CEO power

9.

Taste, Information, and Asset Prices: Implications for the Valuation of CSR

Review of Accounting Studies, Forthcoming
Number of pages: 40 Posted: 24 Jul 2015 Last Revised: 12 Apr 2016
Henry L. Friedman and Mirko Stanislav Heinle
University of California, Los Angeles (UCLA) - Anderson School of Management and University of Pennsylvania - Accounting Department
Downloads 505 (103,522)
Citation 96

Abstract:

Loading...

asset pricing, taste, reporting, corporate social responsibility

10.

Retail Investor Trading and Market Reactions to Earnings Announcements

Number of pages: 67 Posted: 08 Apr 2021 Last Revised: 03 Apr 2024
Henry L. Friedman and Zitong Zeng
University of California, Los Angeles (UCLA) - Anderson School of Management and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 429 (126,026)
Citation 2

Abstract:

Loading...

Retail investors; Earnings announcements; Stock returns; ERC; PEAD

11.

Implications of Biased Reporting: Conservative and Liberal Accounting Policies in Oligopolies

Review of Accounting Studies, Vol. 21, No. 1, 2016
Number of pages: 38 Posted: 28 Feb 2013 Last Revised: 10 May 2019
Henry L. Friedman, John S. Hughes and Richard E. Saouma
University of California, Los Angeles (UCLA) - Anderson School of Management, University of California at Los Angeles and Eli Broad College of Business, Michigan State University
Downloads 386 (141,766)
Citation 10

Abstract:

Loading...

Conservatism, Optimal Information Systems, Cournot, Duopoly

Capital Market Development and Confidence in Disclosure Quality

Journal of Financial Reporting, Forthcoming
Number of pages: 61 Posted: 01 Apr 2015 Last Revised: 22 Apr 2019
Henry L. Friedman
University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 349 (157,378)
Citation 1

Abstract:

Loading...

confidence; disclosure quality; international accounting; equity market development; credit market development

Capital Market Development and Confidence in Disclosure Quality

Number of pages: 54 Posted: 20 Jan 2017
Henry L. Friedman
University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 36 (822,894)
Citation 2

Abstract:

Loading...

confidence; disclosure quality, equity market development, credit market development

13.

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 378 (145,196)
Citation 12

Abstract:

Loading...

Disclosure standards, Mood, Return noise, Susceptible investors

14.

How Is the Audit Market Affected by Characteristics of the Non-Audit Services Market?

29th Annual Conference on Financial Economics & Accounting 2018
Number of pages: 59 Posted: 02 Aug 2018 Last Revised: 02 Feb 2021
Henry L. Friedman and Lucas Mahieux
University of California, Los Angeles (UCLA) - Anderson School of Management and Tilburg University - Tilburg University School of Economics and Management
Downloads 351 (157,585)
Citation 3

Abstract:

Loading...

Audit quality, Auditing services, Non-audit services, Competition

15.

Capital Market Consequences of the Libor Scandal and Phaseout for Public Borrowers

Number of pages: 36 Posted: 27 Sep 2020 Last Revised: 16 Oct 2020
Jonathan Berkovitch, Henry L. Friedman and Daniel Saavedra
Luiss Guido Carli University - Department of Business and Management, University of California, Los Angeles (UCLA) - Anderson School of Management and UCLA Anderson School of Management
Downloads 349 (158,553)

Abstract:

Loading...

LIBOR scandal, LIBOR phaseout, debt contracting, incomplete contracting

16.

Climate-Related Attention in Capital Markets: Evidence from China’s Carbon Neutrality Pledge Announcement

Number of pages: 68 Posted: 21 Nov 2022 Last Revised: 25 Aug 2023
Henry L. Friedman, Kanyuan (Kevin) Huang and Kaiwen Wu
University of California, Los Angeles (UCLA) - Anderson School of Management, Chinese University of Hong Kong, Shenzhen and Shanghai Lixin Univeristy of Accounting and Finance
Downloads 326 (170,704)
Citation 1

Abstract:

Loading...

ESG, climate-related disclosure, net-zero pledges

17.

A Rationale for Imperfect Reporting Standards

Management Science, forthcoming
Number of pages: 56 Posted: 06 Jun 2018 Last Revised: 22 Dec 2020
Henry L. Friedman, John S. Hughes and Beatrice Michaeli
University of California, Los Angeles (UCLA) - Anderson School of Management, University of California at Los Angeles and University of California, Los Angeles (UCLA)
Downloads 326 (170,704)
Citation 8

Abstract:

Loading...

information gathering, financial reporting, disclosure

18.
Downloads 324 (171,775)
Citation 6

Does Self-Efficacy Affect Entrepreneurial Investment?

Number of pages: 59 Posted: 17 May 2009
Gavin Cassar and Henry L. Friedman
INSEAD and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 324 (170,535)
Citation 6

Abstract:

Loading...

entrepreneur, investment, risk preferences, self-efficacy, venturing

Does Self-Efficacy Affect Entrepreneurial Investment?

Strategic Entrepreneurship Journal, Vol. 3, No. 3, 2009
Posted: 08 Jul 2009
Gavin Cassar and Henry L. Friedman
INSEAD and University of California, Los Angeles (UCLA) - Anderson School of Management

Abstract:

Loading...

entrepreneur, investment, self-efficacy, venturing

19.

Investor Preference for Director Characteristics: Portfolio Choice with Gender Bias

The Accounting Review (Forthcoming)
Number of pages: 53 Posted: 27 Jun 2013 Last Revised: 30 Sep 2019
Henry L. Friedman
University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 322 (173,501)
Citation 5

Abstract:

Loading...

Investor taste; Director characteristics; Gender bias; Portfolio Choice; Foreign funds

20.

How disclosure impacts monitoring spillovers between competing asset managers

Number of pages: 62 Posted: 08 Jan 2021 Last Revised: 08 Nov 2022
Henry L. Friedman and Lucas Mahieux
University of California, Los Angeles (UCLA) - Anderson School of Management and Tilburg University - Tilburg University School of Economics and Management
Downloads 309 (180,515)

Abstract:

Loading...

Active funds; Passive funds; Competition; Corporate governance; Disclosure

21.

Implications of Investor-Focused ESG Reporting … and Misreporting

Number of pages: 55 Posted: 14 Aug 2023 Last Revised: 20 Aug 2023
Henry L. Friedman, Mirko Stanislav Heinle and Irina Luneva
University of California, Los Angeles (UCLA) - Anderson School of Management, University of Pennsylvania - Accounting Department and University of Pennsylvania - Accounting Department
Downloads 261 (218,071)

Abstract:

Loading...

ESG reporting, ESG valuation, real effects

22.

Financial Reporting Quality and Noise in Stock Returns: Evidence from Chinese A-B Twin Shares

Journal of Financial Reporting, Forthcoming https://doi.org/10.2308/JFR-2019-0019
Number of pages: 57 Posted: 15 Nov 2016 Last Revised: 13 Aug 2020
Liang Ma, Tao Ma and Henry L. Friedman
University of South Carolina - Darla Moore School of Business, Texas Tech University - Area of Accounting and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 255 (219,774)
Citation 1

Abstract:

Loading...

Financial Reporting Quality, Noise in Stock Returns, Stock Market Efficiency, A-B Twin Shares, Chinese Stock Market

23.

Technological Investment and Accounting: A Demand-Side Perspective on Accounting Enrollment Declines

Number of pages: 31 Posted: 13 Feb 2024 Last Revised: 05 Mar 2024
Henry L. Friedman, Andrew Sutherland and Felix Vetter
University of California, Los Angeles (UCLA) - Anderson School of Management, Massachusetts Institute of Technology and University of Mannheim
Downloads 249 (225,915)

Abstract:

Loading...

accounting, finance, technology, automation, labor markets

24.

Influence Activities, Coalitions, and Uniform Policies: Implications for the Regulation of Financial Institutions

Management Science, Forthcoming
Number of pages: 58 Posted: 24 Jun 2016 Last Revised: 22 Apr 2019
Henry L. Friedman and Mirko Stanislav Heinle
University of California, Los Angeles (UCLA) - Anderson School of Management and University of Pennsylvania - Accounting Department
Downloads 230 (243,036)
Citation 4

Abstract:

Loading...

Lobbies, Coalitions, One-Size-Fits-All, Regulation

25.

The Role of Information in Building a More Sustainable Economy: A Supply and Demand Perspective

Number of pages: 48 Posted: 29 Feb 2024
Henry L. Friedman and Gaizka Ormazabal
University of California, Los Angeles (UCLA) - Anderson School of Management and University of Navarra, IESE Business School
Downloads 225 (252,444)

Abstract:

Loading...

Sustainability reporting, Sustainability disclosure, ESG, CSR

26.

Implications of a Multi-Purpose Reporting System on CEO and CFO Incentives and Risk Preferences

Journal of Management Accounting Research, Forthcoming
Number of pages: 54 Posted: 23 Feb 2014 Last Revised: 30 Jul 2023
Henry L. Friedman
University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 211 (263,539)
Citation 2

Abstract:

Loading...

Reporting, bias, CEO, CFO, risk aversion

27.

Organization Capital (OC) and Information Asymmetry: Evidence from OC Decomposition

Number of pages: 62 Posted: 25 May 2023 Last Revised: 23 Jun 2023
Muskan Chawla, Henry L. Friedman and Jessica Kim-Gina
University of California, Los Angeles (UCLA) - Anderson School of Management, University of California, Los Angeles (UCLA) - Anderson School of Management and University of California, Los Angeles (UCLA) - Accounting Area
Downloads 173 (315,097)
Citation 1

Abstract:

Loading...

intangible capital, information asymmetry, knowledge capital, organization capital, insider trading, disclosure

28.

A Rationale for Imperfect Reporting Standards

Management Science, forthcoming
Number of pages: 56 Posted: 22 Jul 2020 Last Revised: 21 Dec 2020
Henry L. Friedman, John S. Hughes and Beatrice Michaeli
University of California, Los Angeles (UCLA) - Anderson School of Management, University of California at Los Angeles and University of California, Los Angeles (UCLA)
Downloads 152 (351,766)

Abstract:

Loading...

information gathering, financial reporting, disclosure

29.

Fixing the Proprietary Cost Assumption in Discretionary Disclosure Models

Number of pages: 8 Posted: 25 Jul 2023
Henry L. Friedman
University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 58 (663,917)

Abstract:

Loading...

Discretionary disclosure, proprietary costs

30.

How Is the Audit Market Affected by Characteristics of the Nonaudit Services Market?

Journal of Accounting Research, Volume 59, Issue 3, 2021
Posted: 25 Jun 2021
Henry L. Friedman and Lucas Mahieux
University of California, Los Angeles (UCLA) - Anderson School of Management and Tilburg University - Tilburg University School of Economics and Management

Abstract:

Loading...

audit quality; auditing services; nonaudit services; competition