Lucile Faurel

About

Lucile Faurel is an Associate Professor at the W. P. Carey School of Business, Arizona State University, specializing in accounting and capital markets research. She earned her bachelor's degree in international economics and initially worked in transfer pricing for Deloitte & Touche Paris before completing her doctorate at New York University. Prior to joining ASU in 2015, she was a faculty member at the University of California, Irvine. Her research focuses on the role of social media in capital markets, the (mis)pricing of accounting information, voluntary disclosure choices, corporate innovation, and insider trading. Her work has been published in leading accounting journals such as the Journal of Accounting and Economics, the Journal of Accounting Research, and The Accounting Review. Lucile Faurel is also recognized as an award-winning teacher, delivering MBA-level courses in financial accounting and financial statement analysis. Outside of academia, she enjoys hiking, skiing, tennis, traveling, and is a mother of three. She was recently honored as one of Poets & Quants' Best 40 Under 40 Business Professors.

Research topics

• Computer Science
• Economics
• Business
• Finance
• Political Science
• Accounting
• Financial economics
• World Wide Web
• Microeconomics
• Actuarial science

Selected publications

• Can Twitter Help Predict Firm-Level Earnings and Stock Returns?

  The Accounting Review · 2017-07-01 · 595 citations

  articleOpen access

  ABSTRACT Prior research has examined how companies exploit Twitter in communicating with investors, and whether Twitter activity predicts the stock market as a whole. We test whether opinions of individuals tweeted just prior to a firm's earnings announcement predict its earnings and announcement returns. Using a broad sample from 2009 to 2012, we find that the aggregate opinion from individual tweets successfully predicts a firm's forthcoming quarterly earnings and announcement returns. These r…

  PublisherOA PDFDOI

• Manager-Specific Effects on Earnings Guidance: An Analysis of Top Executive Turnovers

  Journal of Accounting Research · 2011-06-14 · 45 citations

  articleOpen access

  We investigate how managers contribute to the provision of earnings guidance by examining the association between top executive turnovers and guidance. Although firm and industry characteristics are important determinants of guidance, we conclude that CEOs participate in firm-level policy decisions, whereas CFOs are involved in the formation or discussion of guidance. Among firms that historically issued frequent guidance, breaks in guidance following CEO turnovers are relatively permanent and a…

  PublisherOA PDFDOI

• The Role of Social Media in the Corporate Bond Market: Evidence from Twitter

  Management Science · 2022 · 37 citations

  Prior studies document the role social media information plays in the stock market and the important dissimilarities between the bond and stock markets. Bridging these two types of literature, we examine the role of social media information in the corporate bond market. Analyzing a broad sample of messages by Twitter individual users, posted just prior to earnings announcements, containing bond, credit risk, and fundamental information, we find that aggregate Twitter opinion (OPI) predicts upcom…

  PublisherOA PDFDOI

• Bringing Innovation to Fruition: Insights From New Trademarks

  Journal of Financial and Quantitative Analysis · 2022 · 32 citations

  1st authorCorresponding

  Abstract We build a novel comprehensive data set of new product trademarks as an output measure of product development innovation. We show that risk-taking incentives in CEO compensation motivate this type of innovation and that this innovation improves firm performance. Using an exogenous shock to executive compensation, we find that reductions in stock option compensation cause reductions in new product development. We also find that firms undertaking new product development experience increas…

  PublisherDOI

• Can Twitter Help Predict Firm-Level Earnings and Stock Returns?

  SSRN Electronic Journal · 2016-01-01 · 30 citations

  articleOpen access
  PublisherDOI

Frequent coauthors

• Eli Bartov

  9 shared

• Stephen A. Hillegeist

  Arizona State University

  6 shared

• Lyungmae Choi

  University of Sydney

  6 shared

• Partha S. Mohanram

  University of Toronto

  5 shared

• Karthik Balakrishnan

  3 shared

• Richard Carrizosa

  University of California, Riverside

  3 shared

• Siew Hong Teoh

  Anderson University - South Carolina

  3 shared

• Brian D. Cadman

  University of Utah

  3 shared

Education

• Ph.D.

  New York University

  2008

• B.A.

  American University of Paris, France

  2001

Awards & honors

• Best Paper Prize, California Corporate Finance Conference, 2…
• Best Paper Prize, Center for Corporate Reporting and Governa…
• UCI Paul Merage School of Business, Don Beall Center for Inn…
• UCI Paul Merage School of Business, Excellence in Undergradu…
• NYU Stern School of Business, Award for Ph.D. Teaching Excel…

Similar researchers at Arizona State University

• Gregory Dawsonh-12
• Jenny Brownh-12
• Scott Emetth-12