1. Donelson, D. C., Kettell, L., McInnis, J. & Toynbee, S. (2022). The Need to Validate Exogenous Shocks: Shareholder Derivative Litigation, Universal Demand Laws and Firm Behavior. Journal of Accounting and Economics, 73(1) 1-29.

  • Featured on Harvard Law School Forum on Corporate Governance

  • Presented at AAA 2021 Annual Meeting (Kettell) and 2020 FARS Annual Meeting (Toynbee)

  • Developed from 1st year summer paper

Working Papers

  1. "The Determinants and Trading Consequences of Automated Information Acquisition" (Job market paper)

  • Proposal approved by dissertation committee

  • Committee members: John McInnis (Chair), Scott Bauguess, Shuping Chen, Lisa Koonce, and Wuyang Zhao

  • Presented at the AAA/Deloitte/J. Michael Cook Doctoral Consortium and The University of Texas at Austin

  1. "Why has PEAD Declined Over Time? The Role of Signal Informativeness" (with John McInnis and Wuyang Zhao)

  • Presented at Hawaii Accounting Research Conference 2023 (Zhao), FARS Annual Meeting 2023 (Zhao), AAA 2022 Annual Meeting (Kettell), The University of Texas at Austin (Kettell), The Accounting Design Project (Zhao), Texas Christian University (Zhao), Turku School of Economics (Zhao), and Florida International University (McInnis)


  1. Investor Pricing of Stock-Based Compensation (with John McInnis)

  1. Retail Investors' Use of Standardized Data (with Roman Wang)