Information Technology in an Audit Context: Have the Big 4 Lost Their Advantage?

Have Americans Lost Their Minds?

Where is the Wisdom We Have Lost in Technology?

Wisdom has been at the heart of practical, philosophical, and theological interest since antiquity but is now attracting interdisciplinary scientific interest from academic researchers in diverse disciplines. Practical wisdom is important from the IS perspective because we have built information tools and technologies that can harm or benefit us in various ways and it is important that we under...

Do Domestic Investors Have an Information Advantage? Evidence from Indonesia

Using transaction data from the Jakarta Stock Exchange, I nd three pieces of evidence which indicate that domestic investors have an information advantage over foreign investors. First, foreign investors systematically buy at higher and sell at lower intra-day prices than domestic investors. Second, foreign investors tend to sell prior to large positive returns. Finally, the permanent impact of...

Do Domestic Investors Have an Information Advantage? Evidence from Indonesia

Using transaction data from the Jakarta Stock Exchange, I nd three pieces of evidence which indicate that domestic investors have an information advantage over foreign investors. First, foreign investors systematically buy at higher and sell at lower intra-day prices than domestic investors. Second, foreign investors tend to sell prior to large positive returns. Finally, the permanent impact of...

Do Domestic Investors Have an Information Advantage? Evidence from Indonesia

Using transaction data from Indonesia, this paper shows that domestic investors have higher profits than foreign investors. In addition, clients of global brokerages have higher long-term and smaller medium (intramonth) and short (intraday) term profits than clients of local brokerages. This suggests that clients of local brokerages have a short-lived information advantage, but that clients of ...