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Aggregate accounting earnings can explain most of security returns
11 references·16 citing·37 second hop
Aggregate accounting earnings can explain most of security returns (1992)Aggregate accounting earnings can explain…Earnings Asan Explanatory Variable for Returns (1991)Earnings Asan Explanatory Var…On the Usefulness of Earnings and Earnings Research: Lessons and Directions from Two Decades of Empirical Research (1989)On the Usefulness of Earnings…Financial statement analysis and the prediction of stock returns (1989)Financial statement analysis …Cross-sectional variation in the stock market response to accounting earnings announcements (1989)Cross-sectional variation in …An analysis of intertemporal and cross-sectional determinants of earnings response coefficients (1989)An analysis of intertemporal …Dividend yields and expected stock returns (1988)Dividend yields and expected …Earnings Innovations, Earnings Persistence, and Stock Returns (1987)Earnings Innovations, Earning…The information content of security prices (1980)The information content of se…The Association between Unsystematic Security Returns and the Magnitude of Earnings Forecast Errors (1979)The Association between Unsys…An Empirical Evaluation of Accounting Income Numbers (1968)An Empirical Evaluation of Ac…Value and Capital (1939)Value and CapitalMarket Reactions to the First-Time Disclosure of Corporate Social Responsibility Reports: Evidence from China (2015)Market Reactions to the First…What Drives Stock Price Movements? (2013)What Drives Stock Price Movem…Agency Theory Revisited: CEO Return and Shareholder Interest Alignment (2010)Agency Theory Revisited: CEO …Scale and the Scale Effect in Market‐based Accounting Research (2003)Scale and the Scale Effect in…Using Forecasts of Earnings to Simultaneously Estimate Growth and the Rate of Return on Equity Investment (2002)Using Forecasts of Earnings t…Market efficiency and accounting research: a discussion of ‘capital market research in accounting’ by S.P. Kothari (2001)Market efficiency and account…Stock Returns and Accounting Earnings (2000)Stock Returns and Accounting …Time Scales and Organizational Theory (1999)Time Scales and Organizationa…Security Returns and the Value Relevance of Accounting Data (1999)Security Returns and the Valu…Use of R-Squared in Accounting Research: Measuring Changes in Value Relevance Over the Last Four Decades (1998)Use of R-Squared in Accountin…A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation* (1998)A Comparison of Dividend, Cas…THE INFORMATION CONTENT OF THE PRESIDENT'S LETTER TO SHAREHOLDERS (1996)THE INFORMATION CONTENT OF TH…EVA® AND MARKET VALUE (1996)EVA® AND MARKET VALUEThe Effect of Bank Loan Portfolio Composition on the Market Reaction to and Anticipation of Loan Loss Provisions (1995)The Effect of Bank Loan Portf…An Investigation of Revaluations of Tangible Long-Lived Assets (1993)An Investigation of Revaluati…Information in prices about future earnings (1992)Information in prices about f…Dividend Policy, Growth, and the Valuation of Shares (1961)The relationship between return and market value of common stocks (1981)Price and return models (1995)The Value Relevance of Intangibles: The Case of Software Capitalization (1998)Equity Valuation and Negative Earnings: The Role of Book Value of Equity (1999)Rational Expectations and the Theory of Price Movements (1961)Risk, Return, and Equilibrium: Empirical Tests (1973)Earnings Releases, Anomalies, and the Behavior of Security Returns. (1984)Empirical Tests of the Consumption‐Oriented CAPM (1989)Dividend Policy under Asymmetric Information (1985)Positive Accounting Theory (1985)Value-relevance of nonfinancial information: The wireless communications industry (1996)Capital markets research in accounting (2001)Auditor Industry Specialization and Earnings Quality (2003)Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)The Financial Information Content of Perceived Quality (1994)Investor Information Demand: Evidence from Google Searches Around Earnings Announcements (2011)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Using daily stock returns (1985)Efficient Capital Markets: II (1991)The General Theory of Employment, Interest and Money. (1936)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Noise Trader Risk in Financial Markets (1990)Common risk factors in the returns on stocks and bonds (1993)Does the Stock Market Overreact? (1985)Another Look at the Cross-Section of Expected Stock Returns (1995)Investor psychology in capital markets: evidence and policy implications (2002)Do investors overvalue firms with bloated balance sheets? (2004)An Intertemporal Capital Asset Pricing Model (1973)Forecasting Profitability and Earnings (2000)Does Greater Firm‐Specific Return Variation Mean More or Less Informed Stock Pricing? (2003)Association between accounting performance measures and stock prices (1992)The implied cost of capital: A new approach (2011)Self-fulfilling prophecies (1981)The contingent valuation method: a review (2003)Rare Disasters, Asset Prices, and Welfare Costs (2009)
this work references cited by second hop

References

  • 1968An Empirical Evaluation of Accounting Income Numbers6,384 cited
  • 1988Dividend yields and expected stock returns3,574 cited
  • 1939Value and Capital2,893 cited
  • 1989An analysis of intertemporal and cross-sectional determinants of earnings response coefficients1,685 cited
  • 1989On the Usefulness of Earnings and Earnings Research: Lessons and Directions from Two Decades of Empirical Research1,120 cited
  • 1991Earnings Asan Explanatory Variable for Returns1,017 cited
  • 1989Financial statement analysis and the prediction of stock returns996 cited
  • 1987Earnings Innovations, Earnings Persistence, and Stock Returns909 cited
  • 1989Cross-sectional variation in the stock market response to accounting earnings announcements816 cited
  • 1980The information content of security prices737 cited
  • 1979The Association between Unsystematic Security Returns and the Magnitude of Earnings Forecast Errors462 cited

Cited by

  • 1998A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation*438 cited
  • 1999Time Scales and Organizational Theory433 cited
  • 1992Information in prices about future earnings370 cited
  • 1996THE INFORMATION CONTENT OF THE PRESIDENT'S LETTER TO SHAREHOLDERS

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340 cited
  • 2001Market efficiency and accounting research: a discussion of ‘capital market research in accounting’ by S.P. Kothari312 cited
  • 2010Agency Theory Revisited: CEO Return and Shareholder Interest Alignment299 cited
  • 1993An Investigation of Revaluations of Tangible Long-Lived Assets282 cited
  • 2000Stock Returns and Accounting Earnings273 cited
  • 2002Using Forecasts of Earnings to Simultaneously Estimate Growth and the Rate of Return on Equity Investment263 cited
  • 1996EVA® AND MARKET VALUE262 cited
  • 2013What Drives Stock Price Movements?260 cited
  • 2003Scale and the Scale Effect in Market‐based Accounting Research252 cited
  • 1998Use of R-Squared in Accounting Research: Measuring Changes in Value Relevance Over the Last Four Decades242 cited
  • 1995The Effect of Bank Loan Portfolio Composition on the Market Reaction to and Anticipation of Loan Loss Provisions234 cited
  • 1999Security Returns and the Value Relevance of Accounting Data212 cited
  • 2015Market Reactions to the First-Time Disclosure of Corporate Social Responsibility Reports: Evidence from China185 cited