Her research interests are mainly focused on information and capital markets, and span both accounting and finance. She studies how accounting information affects firm stakeholders such as managers or investors. Her research also tries to understand how the timing of information disclosure to investors affects firms, their values and stakeholders.
Her most cited article in the Journal of Finance studies how during Initial Public Offerings (IPOs), some issuing companies manage earnings by reporting higher accruals.[4] This makes the companies look more successful than they actually are and can impact the outcome of an IPO. The article reports that the companies that are more aggressive at boosting earnings per share have lower long-run returns.
In another widely cited paper in the Journal of Finance, she looks at CEO overconfidence.[5][6] The paper finds that companies with overconfident CEO (according to proximate metrics) invest more in innovation. They also obtain more patents and patent citations. On the negative side, they suffer from greater return volatility.
Her research has been cited more than 32,000 times[7] and she is the 145th most cited female economist according to RePEC.[8] Her research has been cited in Forbes,[6]Bloomberg[9] and Der Spiegel.[10]