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Blog Update: Use the forums for more engaging and productive discussions



Public attention varies among public firms. Some firms consistently receive more attention because they are more prominent or salient. For firms subject to more scrutiny, mistakes may have larger consequences as they are noticed more. Policy differences with comparable firms will be better known and raise more questions. Firm actions may be more likely to be noticed and criticized by politicians. The firm may become more exposed to legal and regulatory actions. As a result, greater attention could affect performance negatively and may force firms to take actions they would not take absent the greater attention. For instance, greater public attention might cause management to choose policies more similar to those of peers even if it would not do so in the absence of greater public scrutiny. Management might do so because it does not want its policies to stand out, because sectors of the public push for such policies, or because these policies are optimal given the heightened attention. We therefore investigate whether one channel through which greater public attention affects performance is in causing firms with greater attention to have policies more similar to their peers.




Blog Update: Use the forums for even better discussions




We cannot overstate how much we have appreciated all the passionate feedback received from the Forums and Discussions communities. Today is the first day of the new Discussions and we look forward to the road ahead as we make the experience even better for you.


Different people like blogs than like forums, and topics in blogs rarely are formatted in the way you would for a forum. Your mileage may vary, of course, but a beautifully crafted blog post, in my experience, is a tl;dr post on a forum. Not to mention the SEO implications


We could put in lots of ifs on all the strings trying to make it look like a real blog but it's probably better to make it still like a forum and use forum terminology to reduce user confusion (its a forum after all).


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