Rebecca Hann received her MA and PhD from the Wharton School of the University of Pennsylvania. Her research examines issues surrounding financial reporting and disclosure, corporate diversification, and more recently, the role of accounting information in the macroeconomy. Her research has been published in leading accounting and finance journals, including the Accounting Review, the Journal of Accounting and Economics, the Journal of Accounting Research, the Journal of Finance, and the Review of Accounting Studies. Prior to joining the Smith School, she was on the faculty of the University of Southern California's Marshall School of Business.
Companies reveal more than their own profitability when they issue earnings announcements. They also provide clues about peer firms through a process called information transfer. New research from the University of Maryland’s Robert H. Smith School of Business confirms the spillover effect but also shows that more insights may be gleaned than previously understood.
Women Leading Research: Rebecca Hann
SMITH BRAIN TRUST — In the grand scheme of the economy, the accounting information that individual firms report can have big impacts. Here’s why.
Clues Help Analysts Anticipate the Fed’s Next Move
Wall Street responds to surprises, but not always in intuitive ways. Share prices go up at the firm level when a company issues a stronger than expected earnings report, which makes sense. But the opposite often happens at the aggregate level when companies collectively exceed expectations. Share prices can drop instead of rise.
Wall Street responds to surprises, but not always in intuitive ways. Share prices go up at the firm level when a company issues a stronger than expected earnings report, which makes sense. But the opposite often happens at the aggregate level when companies collectively exceed expectations. Share prices can drop instead of rise. “That’s the puzzle,” says Smith School professor Rebecca Hann. In a recent paper Hann and two Smith School PhD co-authors trace the counterintuitive market reaction to the influence of monetary policy from the Federal Reserve. Read more...
Rebecca Hann received her Masters and PhD degrees from the Wharton School of the University of Pennsylvania. Her research examines issues surrounding financial reporting and disclosure, corporate diversification, and more recently, the role of accounting information in the macroeconomy and the real effects of financial markets.
