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Funds from Operations versus Net Income: Examiningthe Dividend Relevance of REIT Performance Measures
16 references·1 citing·43 second hopsampled
Funds from Operations versus Net Income: Examiningthe Dividend Relevance of REIT Performance Measures (2011)Funds from Operations versus Net Income: …Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating Standard Errors in…Depreciation of housing capital, maintenance, and house price inflation: Estimates from a repeat sales model (2006)Depreciation of housing capit…The market pricing of accruals quality (2005)The market pricing of accrual…How Are Earnings Managed? An Examination of Specific Accruals* (2004)How Are Earnings Managed? An …Earnings Informativeness and Strategic Disclosure: An Empirical Examination of “Pro Forma” Earnings (2004)Earnings Informativeness and …The Predictive Value of Expenses Excluded from Pro Forma Earnings (2003)The Predictive Value of Expen…Comparing the Value Relevance of Two Operating Income Measures (2003)Comparing the Value Relevance…GAAP versus The Street: An Empirical Assessment of Two Alternative Definitions of Earnings (2002)GAAP versus The Street: An Em…Errors in Estimating Accruals: Implications for Empirical Research (2002)Errors in Estimating Accruals…Accruals and the Prediction of Future Cash Flows (2001)Accruals and the Prediction o…A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)A Review of the Earnings Mana…Earnings management and the underperformance of seasoned equity offerings11We thank Brad Barber (the referee), Randy Beatty, Vic Bernard, K.C. Chan, Kent Daniel, M. DeFond, Laura Field, David Heike, Chuan Yang Hwang, Jonathan Karpoff, S.P. Kothari, Charles Lee, Wayne Mikkelson (the editor), Tim Opler, Krishna Palepu, K. Ramesh, Jay Ritter, Terry Shevlin, Doug Skinner, Sheridan Titman, Ross Watts, Jerry Zimmerman, and seminar participants at the University of California Finance and Accounting Conference (Davis, March 1995), the NBER Corporate Finance Conference (Boston, August 1995), the Center for Research in Security Prices Seminar (Chicago, October 1995), the American Finance Association Conference (San Francisco, 1996), the American Accounting Association Conference (Chicago, August 1996), the University of Michigan, and the University of Rochester for helpful comments and discussions. (1998)Earnings management and the u…Are Accruals during Initial Public Offerings Opportunistic? (1998)Are Accruals during Initial P…Earnings Innovations, Earnings Persistence, and Stock Returns (1987)Earnings Innovations, Earning…The Information Contained in the Components of Earnings (1986)The Information Contained in …The information content of security prices (1980)The information content of se…Diversification benefit and return performance of REITs using CAPM and Fama-French: Evidence from Turkey (2017)Diversification benefit and r…Earnings Management During Import Relief Investigations (1991)Detecting Earnings Management. (1995)Investor Psychology and Security Market Under‐ and Overreactions (1998)Capital markets research in accounting (2001)Do investors overvalue firms with bloated balance sheets? (2004)Detecting Earnings Management (2012)Rational Expectations and the Theory of Price Movements (1961)An Empirical Evaluation of Accounting Income Numbers (1968)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)Price and return models (1995)Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)Positive Accounting Theory (1985)Cross-sectional variation in the stock market response to accounting earnings announcements (1989)The Financial Information Content of Perceived Quality (1994)Investor Information Demand: Evidence from Google Searches Around Earnings Announcements (2011)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)How does financial reporting quality relate to investment efficiency? (2009)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Accounting earnings and cash flows as measures of firm performance (1994)Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings? (1996)Accrued Earnings and Growth: Implications for Future Profitability and Market Mispricing (2003)Customer Satisfaction, Cash Flow, and Shareholder Value (2005)Have Financial Statements Lost Their Relevance? (1999)Why Are Earnings Kinky? An Examination of the Earnings Management Explanation (2003)The Walk‐down to Beatable Analyst Forecasts: The Role of Equity Issuance and Insider Trading Incentives* (2004)Earnings Management Using Classification Shifting: An Examination of Core Earnings and Special Items (2006)The pricing of discretionary accruals (1996)The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors (2002)Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)Robust Inference With Multiway Clustering (2011)Policy Uncertainty and Corporate Investment (2015)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Earnings management to avoid earnings decreases and losses (1997)Earnings management and investor protection: an international comparison (2003)Earnings Management through Real Activities Manipulation (2003)Performance matched discretionary accrual measures (2005)The economic implications of corporate financial reporting (2005)
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References

  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 1999A Review of the Earnings Management Literature and Its Implications for Standard Setting4,637 cited
  • 2005The market pricing of accruals quality3,101 cited
  • 2002Errors in Estimating Accruals: Implications for Empirical Research1,683 cited
  • 1998Earnings management and the underperformance of seasoned equity offerings11We thank Brad Barber (the referee), Randy Beatty, Vic Bernard, K.C. Chan, Kent Daniel, M. DeFond, Laura Field, David Heike, Chuan Yang Hwang, Jonathan Karpoff, S.P. Kothari, Charles Lee, Wayne Mikkelson (the editor), Tim Opler, Krishna Palepu, K. Ramesh, Jay Ritter, Terry Shevlin, Doug Skinner, Sheridan Titman, Ross Watts, Jerry Zimmerman, and seminar participants at the University of California Finance and Accounting Conference (Davis, March 1995), the NBER Corporate Finance Conference (Boston, August 1995), the Center for Research in Security Prices Seminar (Chicago, October 1995), the American Finance Association Conference (San Francisco, 1996), the American Accounting Association Conference (Chicago, August 1996), the University of Michigan, and the University of Rochester for helpful comments and discussions.1,638 cited
  • 2001Accruals and the Prediction of Future Cash Flows925 cited
  • 1987Earnings Innovations, Earnings Persistence, and Stock Returns909 cited
  • 2002GAAP versus The Street: An Empirical Assessment of Two Alternative Definitions of Earnings819 cited
  • 1980The information content of security prices737 cited
  • 1998Are Accruals during Initial Public Offerings Opportunistic?726 cited
  • 2003The Predictive Value of Expenses Excluded from Pro Forma Earnings

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533 cited
  • 1986The Information Contained in the Components of Earnings511 cited
  • 2004Earnings Informativeness and Strategic Disclosure: An Empirical Examination of “Pro Forma” Earnings456 cited
  • 2006Depreciation of housing capital, maintenance, and house price inflation: Estimates from a repeat sales model314 cited
  • 2003Comparing the Value Relevance of Two Operating Income Measures310 cited
  • 2004How Are Earnings Managed? An Examination of Specific Accruals*309 cited
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    • 2017Diversification benefit and return performance of REITs using CAPM and Fama-French: Evidence from Turkey31 cited