{"id":"W4407253950","doi":"10.2139/ssrn.5127833","title":"Are There Externalities of Private Firm News Disclosure? Evidence from Public Firms' Investment.&amp;nbsp;","year":2025,"lang":"en","type":"preprint","venue":"SSRN Electronic Journal","topic":"Auditing, Earnings Management, Governance","field":"Business, Management and Accounting","cited_by":0,"is_retracted":false,"has_abstract":false,"ca_institutions":"University of Toronto","funders":"","keywords":"Externality; Business; Investment (military); Monetary economics; Finance; Financial system; Economics; Microeconomics","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":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.002690108,0.0002245028,0.0005416514,0.001312818,0.0004768492,0.003232853,0.0004802633,0.001340669,0.01337314],"category_scores_gemma":[0.02849616,0.0003482487,0.0004795605,0.003362396,0.001201087,0.00224648,0.001242947,0.001474607,0.001314884],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.001078138,"about_ca_system_score_gemma":0.0007093749,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.01203541,"about_ca_topic_score_gemma":0.01417792,"domain_scores_codex":[0.9987288,0.0003350905,0.0001317585,0.0001736064,0.00032376,0.0003070245],"domain_scores_gemma":[0.8697355,0.06594668,0.05452956,0.004284141,0.002660485,0.002843688],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.002429084,0.0006479685,0.9413967,0.0002859567,0.0006305818,0.000766731,0.001180951,0.00123807,0.0006986234,0.006340039,0.009430652,0.03495466],"study_design_scores_gemma":[0.0001028003,0.0001564975,0.9897418,0.0000923213,0.0003130767,0.0001451936,0.0009863833,0.0004653754,0.0004146145,0.002182369,0.005378269,0.00002134139],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9687357,0.003747663,0.0002370465,0.005316688,0.00006314187,0.00002442205,0.003863372,0.00003099958,0.01798095],"genre_scores_gemma":[0.9938054,0.001986983,0.00004555086,0.0002714772,0.0001000721,0.00000987119,0.001298162,0.000011591,0.002470794],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.01337314,"threshold_uncertainty_score":0.04473758,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.02805000387745061,"score_gpt":0.2493118346274741,"score_spread":0.2212618307500235,"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."}}