Economic Significance in Corporate Finance
本文指出公司金融研究中经济显著性报告方式的常见缺陷，建议使用因变量标准差缩放的标准度量、提供完整统计量及基准，以更有效传达研究发现的实际重要性。
Abstract Reporting the economic significance of findings in corporate finance has become increasingly common, but a review of the literature reveals shortcomings in typical reporting practices. Researchers can more effectively communicate the practical importance of findings by using standard measures of economic significance scaled by the standard deviation of the dependent variable, by providing all statistics necessary to calculate economic significance, and by providing benchmarks by which to evaluate the magnitude of economic significance. To support these objectives, I show why measures scaled by the standard deviation are preferable, and I provide benchmarks based on hundreds of established findings from the literature..