{"id":"W2904672372","doi":"10.1016/j.jcae.2018.12.001","title":"Does the large amount of information in corporate disclosures hinder or enhance price discovery in the capital market?","year":2018,"lang":"en","type":"article","venue":"Journal of Contemporary Accounting & Economics","topic":"Auditing, Earnings Management, Governance","field":"Business, Management and Accounting","cited_by":31,"is_retracted":false,"has_abstract":true,"ca_institutions":"Brock University; Simon Fraser University","funders":"","keywords":"Price discovery; Accounting; Business; Capital market; Capital (architecture); Finance; Geography","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"codex-gemma-dda1882f352a","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.004176334,0.0002220595,0.0003966948,0.0002820845,0.0001605952,0.0007823014,0.000926343,0.00006807342,0.00008583645],"category_scores_gemma":[0.002405927,0.0001148996,0.0001167673,0.0004296734,0.0001550934,0.01136569,0.0002671434,0.0004267732,0.00002673863],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.00009400521,"about_ca_system_score_gemma":0.0001570739,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.000361681,"about_ca_topic_score_gemma":0.001068574,"domain_scores_codex":[0.997775,0.00005681361,0.001401068,0.0001650237,0.0002897427,0.0003123385],"domain_scores_gemma":[0.9725203,0.0002495197,0.02669728,0.000292233,0.0002322384,0.000008459411],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.001187649,0.0002279758,0.9617448,0.0003652566,0.000120592,0.00002750041,0.003203571,0.0005234331,0.00004791409,0.01423828,0.01250835,0.005804655],"study_design_scores_gemma":[0.001878434,0.00006685501,0.7518926,0.0005037395,0.00003620037,0.00001034342,0.007861468,0.002807659,0.00007530965,0.005747514,0.2287252,0.0003946851],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9848206,0.00007015784,0.003701515,0.002601936,0.0007598734,0.000362392,0.000008425473,0.000009673265,0.007665402],"genre_scores_gemma":[0.9959933,0.00007562593,0.00006611889,0.002408455,0.001133393,0.000007754849,0.000006510069,0.00002030656,0.0002885398],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.2162169,"threshold_uncertainty_score":0.8239851,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.01029153099750881,"score_gpt":0.2087594227674874,"score_spread":0.1984678917699786,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}