User profiles for Mark K Pyles

Mark Pyles

College of Charleston
Verified email at cofc.edu
Cited by 701

Analysts get SAD too: The effect of seasonal affective disorder on stock analysts' earnings estimates

SD Dolvin, MK Pyles, Q Wu - The Journal of Behavioral Finance, 2009 - Taylor & Francis
Previous research finds that stock analysts exhibit both optimistic and pessimistic biases in
their earnings forecasts, with the net result being a consistent but declining overestimation of …

The influence of a credit rating change on corporate cash holdings and their marginal value

HD Khieu, MK Pyles - Financial Review, 2012 - Wiley Online Library
We examine the influence of credit rating changes on corporate excess cash holdings. We
find that downgraded firms increase excess cash holdings by approximately 3% of total …

Seasonal affective disorder and the pricing of IPOs

SD Dolvin, MK Pyles - Review of Accounting and Finance, 2007 - emerald.com
Purpose – It has been found that stock market returns vary seasonally with the amount of
daylight, and they attribute this effect to seasonal affective disorder (SAD), which is a …

Cultural influences on risk tolerance and portfolio creation

MK Pyles, Y Li, S Wu, SD Dolvin - Journal of Behavioral and Experimental …, 2016 - Elsevier
We extend existing research that examines the impact of culture on risk tolerance. Using
surveys completed by Chinese and American students, we find, consistent with previous studies…

Bank marketing investments and bank performance

DJ Mullineaux, MK Pyles - Journal of Financial Economic Policy, 2010 - emerald.com
Purpose – The purpose of this paper is to examine empirically the effects of investments by
US banks in advertising and promotion on their performance in the areas of profits and …

REIT IPOs and the cost of going public

SD Dolvin, MK Pyles - The Journal of Real Estate Finance and Economics, 2009 - Springer
We examine Initial Public Offerings (IPOs) of Real Estate Investment Trusts (REITs) that went
public between 1986 and 2004. Consistent with previous studies, we find that REIT IPOs …

Examining portfolios created by bloomberg ESG scores: Is disclosure an alpha factor?

MK Pyles - The Journal of Impact and ESG Investing, 2020 - pm-research.com
This article uses Bloomberg’s ESG disclosure data to create portfolios of high- and low-ESG
firms over the recent market run of 2011–2017. The primary purpose is to determine …

Economic effect of a smoke-free law in a tobacco-growing community

MK Pyles, DJ Mullineaux, CTC Okoli… - Tobacco …, 2007 - tobaccocontrol.bmj.com
Objective: To determine whether Lexington, Kentucky’s smoke-free law affected employment
and business closures in restaurants and bars. On 27 April 2004, Lexington-Fayette County …

The influence of simulation performance on student interest

SD Dolvin, MK Pyles - Journal of Economics and …, 2011 - digitalcommons.butler.edu
Previous studies examine the potential benefits of using classroom games and simulations,
finding that their use generally increases knowledge and interest level. However, few (if any) …

Venture capitalist quality and IPO certification

SD Dolvin, MK Pyles - Venture capital, 2006 - Taylor & Francis
The opportunity cost of going public is directly related to the level of information asymmetry
associated with the issuing firm. Independent third parties, such as underwriters and venture …