Consumers have been banking and trading online for several years now. More ambitious and tech savvy consumers have also been constructing an overview of their financial life by using Personal Finance software like Quicken and online tools such as Yodlee and Mint.com. Since late 1999, Personal Financial Aggregators (PFAs) have started offering internet based services to automate this process of ...

Virtual communities provide an important venue for knowledge sharing. Prior research has demonstrated that both system design factors, e.g., social presence, and social aspects of VC, e.g., social identity, are critical for encouraging knowledge contribution. However, we still lack a good understanding of how the system design and the social aspects of VC jointly influence members’ knowledge co...

Current national income accounting systems and measures of progress, like the Gross Domestic Product (GDP), fail to measure the real “economic” state and real “wealth” of nations. While GDP may be an excellent measure of the cash flowing (chrematistic) in societies it is actually a poor “economic” measure. The word “economic” comes from the Greek oikonomia, meaning the stewardship or management...

It is expected that more accounting conservation (environmental uncertainty) reduces manager optimism. Prior research, however, has struggled to establish this relation empirically. Moreover, some evidence points to the possibility that the manager optimism is lower for firms with more accounting conservation. In this paper, the author examine the link between accounting conservation, environme...

Equity investors value CEO social capital when pricing firm equity. When is high, the relevance of book equity declines, whereas earnings measures increases. Results are stronger for firms in high-tech industries where information asymmetries higher. Social may be deconstructed into informational and reputational effects we report that a meaningful determinant both scenarios. robust to alternat...