Bill McDonald

Best Publications

• When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks

  Tim Loughran;Bill Mcdonald

  6512
  Citations

• Textual Analysis in Accounting and Finance: A Survey

  Tim Loughran;Bill Mcdonald

  2280
  Citations

• Measuring Readability in Financial Disclosures

  Tim Loughran;Bill Mcdonald

  1712
  Citations

• Underpricing of New Issues and the Choice of Auditor as a Signal of Investment Banker Reputation

  Ronald J. Balvers;Bill McDonald;Robert E. Miller

  666
  Citations

• IPO first-day returns, offer price revisions, volatility and form S-1 language.

  Tim Loughran;Bill McDonald

  639
  Citations

• Predicting Stock Returns in an Efficient Market

  Ronald J. Balvers;Thomas F. Cosimano;Bill Mcdonald

  548
  Citations

• Using 10-K Text to Gauge Financial Constraints

  Andriy Bodnaruk;Tim Loughran;Bill McDonald

  458
  Citations

• Measuring Readability in Financial Disclosures

  Tim Loughran;Bill McDonald

  269
  Citations

• The Use of Word Lists in Textual Analysis

  Tim Loughran;Bill McDonald

  267
  Citations

• The Use of EDGAR Filings by Investors

  Tim Loughran;Bill McDonald

  230
  Citations

• Nonnormalities and Tests of Asset Pricing Theories

  John Affleck-Graves;Bill Mcdonald

  226
  Citations

• Textual Analysis in Finance

  Tim Loughran;Bill McDonald

  203
  Citations

• A Wolf in Sheep’s Clothing: The Use of Ethics-Related Terms in 10-K Reports

  Tim Loughran;Bill McDonald;Hayong Yun

  199
  Citations

• THE STATISTICAL VALIDITY OF THE RATIO METHOD IN FINANCIAL ANALYSIS: AN EMPIRICAL EXAMINATION

  Bill McDonald;Michael H. Morris

  146
  Citations

• Trust, but Verify: MD&A Language and the Role of Trust in Corporate Culture

  Robert Audi;Tim Loughran;Bill McDonald

  128
  Citations

• What's different among banks?

  Thomas F. Cosimano;Bill McDonald

  107
  Citations

• Regulation and financial disclosure: The impact of plain English

  Tim Loughran;Bill McDonald

  107
  Citations

• Predicting Stock Returns in an Efficient Market

  Unknown

  87
  Citations

• Using Annual Report Sentiment as a Proxy for Financial Distress in U.S. Banks

  Priyank Gandhi;Tim Loughran;Bill McDonald

  86
  Citations

• IPO First-Day Returns, Offer Price Revisions, Volatility, and Form S-1 Language

  Tim Loughran;Bill McDonald

  69
  Citations