When companies report earnings, going first helps
Research shows firms that report early in the earnings queue earn more media coverage, heightened attention from investors, and a bump in trading volume.
Faculty
Eric So is the Sloan Distinguished Professor of Financial Economics and an Associate Professor in the Economics, Finance, and Accounting Area of the MIT Sloan School of Management.
His research interests include equity valuation, asset pricing, option markets, security analysts, and limits to arbitrage with a focus on the forces and mechanisms that shape the information content of market prices.
He holds an MA in economics from Cornell University and a PhD in business administration from Stanford University's Graduate School of Business. Prior to completing his PhD, So worked as a research analyst at the Nasdaq Stock Market in the Economic Research department.
Johnson, Travis, and Eric C. So. Journal of Accounting Research Vol. 56, No. 1 (2018): 217-263.
Lee, Charles M.C., and Eric So. Journal of Financial Economics Vol. 124, No. 2 (2017): 331-348.
Guest, Nicholas, M., S.P. Kothari, and Eric C. So. Management Science. Forthcoming.
Smith, Kevin, and Eric C. So. Journal of Accounting Research. Forthcoming. Download Paper.
Noh, Suzie, Eric C. So, and Christina Zhu, MIT Sloan Working Paper 6560-21. Cambridge, MA: MIT Sloan School of Management, May 2022.
Kothari, S.P., Travis L. Johnson, and Eric C. So, MIT Sloan Working Paper 6559-21. Cambridge, MA: MIT Sloan School of Management, December 2021.
Research shows firms that report early in the earnings queue earn more media coverage, heightened attention from investors, and a bump in trading volume.
Distinguishing ‘core earnings’ from ancillary business activities or transitory shocks is essential for interpreting and forecasting firm perform
"The financial markets have been democratized. Regulators shouldn’t make moves to inadvertently curtail that."