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The information content of security prices
8 references·16 citing·42 second hop
The information content of security prices (1987)The information content of security pricesOn cross-sectional analysis in accounting research (1987)On cross-sectional analysis i…Positive Accounting Theory (1985)Positive Accounting TheoryBiases in computed returns (1983)Biases in computed returnsThe 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…Estimating betas from nonsynchronous data (1977)Estimating betas from nonsync…SOME TIME SERIES PROPERTIES OF ACCOUNTING INCOME (1972)SOME TIME SERIES PROPERTIES O…An Empirical Evaluation of Accounting Income Numbers (1968)An Empirical Evaluation of Ac…Accounting Conservatism: A Literature Review (2016)Accounting Conservatism: A Li…Attribute differences between U.S. GAAP and IFRS earnings: An exploratory study (2007)Attribute differences between…An Analysis of the Relation between the Stewardship and Valuation Roles of Earnings (2006)An Analysis of the Relation b…Foreign Equity Ownership and Information Asymmetry: Evidence from Japan (2004)Foreign Equity Ownership and …Balance sheet versus earnings conservatism in Europe (2004)Balance sheet versus earnings…Why Has the Contemporaneous Linear Returns-Earnings Relation Declined? (2003)Why Has the Contemporaneous L…Residual Income Risk, Intrinsic Values, and Share Prices (2003)Residual Income Risk, Intrins…The Effect of Reporting Frequency on the Timeliness of Earnings: The Cases of Voluntary and Mandatory Interim Reports (2002)The Effect of Reporting Frequ…Financial Accounting Information, Organizational Complexity and Corporate Governance Systems (2000)Financial Accounting Informat…The information content of earnings and prices: A simultaneous equations approach (1997)The information content of ea…Bond and Stock Market Response to Unexpected Earnings Announcements (1993)Bond and Stock Market Respons…Time-Varying Stock Price Response to Earnings Induced by Uncertainty about the Time-Series Process of Earnings (1991)Time-Varying Stock Price Resp…The Estimation and Determinants of Associations between Returns and Earnings: Evidence from Cross-Industry Comparisons (1991)The Estimation and Determinan…Repurchase tender offers and earnings information (1991)Repurchase tender offers and …A Synthesis of security valuation theory and the role of dividends, cash flows, and earnings* (1990)A Synthesis of security valua…Evidence of Informational Asymmetries from Management Earnings Forecasts and Stock Returns. (1989)Evidence of Informational Asy…Risk measurement when shares are subject to infrequent trading (1979)The relationship between return and market value of common stocks (1981)A transaction data study of weekly and intradaily patterns in stock returns (1986)Trading Mechanisms and Stock Returns: An Empirical Investigation (1987)The Behavior of Stock Prices Around Institutional Trades (1995)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)Price and return models (1995)Dividend Policy, Growth, and the Valuation of Shares (1961)Dividend Policy under Asymmetric Information (1985)Accounting-Based Valuation: Impact on Business Practices and Research (1999)Residual Earnings Valuation With Risk and Stochastic Interest Rates (1999)Reconciling Value Estimates from the Discounted Cash Flow Model and the Residual Income Model (2001)The Behavior of Stock-Market Prices (1965)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Earnings forecasting research: its implications for capital markets research (1993)Market Expectations in the Cross‐Section of Present Values (2013)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)An Intertemporal Capital Asset Pricing Model (1973)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)The conservatism principle and the asymmetric timeliness of earnings1 (1997)The Boundaries of Financial Reporting and How to Extend Them (1999)The effect of international institutional factors on properties of accounting earnings (2000)A comparison of value relevance of accounting information in different segments of the Chinese stock market (2004)Did Houston Clients of Arthur Andersen Recognize Publicly Available Bad News in a Timely Fashion?* (2005)Does Accounting Conservatism Discipline Qualitative Disclosure? Evidence From Tone Management in the MD&A* (2017)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Using daily stock returns (1985)Efficient Capital Markets: II (1991)Capital Market Equilibrium with Restricted Borrowing (1972)Intra-industry information transfers associated with earnings releases (1981)The association between accounting earnings and security returns for large and small firms (1987)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Performance matched discretionary accrual measures (2005)The economic implications of corporate financial reporting (2005)Consistent Covariance Matrix Estimation with Cross-Sectional Dependence and Heteroskedasticity in Financial Data (1989)Scale Effects in Capital Markets‐Based Accounting Research (2009)
this work references cited by second hop

References

  • 1968An Empirical Evaluation of Accounting Income Numbers6,384 cited
  • 1985Positive Accounting Theory5,837 cited
  • 1977Estimating betas from nonsynchronous data2,751 cited
  • 1983Biases in computed returns771 cited
  • 1980The information content of security prices737 cited
  • 1987On cross-sectional analysis in accounting research541 cited
  • 1979The Association between Unsystematic Security Returns and the Magnitude of Earnings Forecast Errors462 cited
  • 1972SOME TIME SERIES PROPERTIES OF ACCOUNTING INCOME454 cited

Cited by

  • 1990A Synthesis of security valuation theory and the role of dividends, cash flows, and earnings*242 cited
  • 2003Why Has the Contemporaneous Linear Returns-Earnings Relation Declined?180 cited
  • 1991Repurchase tender offers and earnings information170 cited
  • 2004Balance sheet versus earnings conservatism in Europe159 cited
  • 1989Evidence of Informational Asymmetries from Management Earnings Forecasts and Stock Returns.153 cited
  • 2006An Analysis of the Relation between the Stewardship and Valuation Roles of Earnings151 cited
  • 2007Attribute differences between U.S. GAAP and IFRS earnings: An exploratory study

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151 cited
  • 2004Foreign Equity Ownership and Information Asymmetry: Evidence from Japan142 cited
  • 2016Accounting Conservatism: A Literature Review139 cited
  • 1991Time-Varying Stock Price Response to Earnings Induced by Uncertainty about the Time-Series Process of Earnings127 cited
  • 2000Financial Accounting Information, Organizational Complexity and Corporate Governance Systems115 cited
  • 1997The information content of earnings and prices: A simultaneous equations approach112 cited
  • 1991The Estimation and Determinants of Associations between Returns and Earnings: Evidence from Cross-Industry Comparisons101 cited
  • 2002The Effect of Reporting Frequency on the Timeliness of Earnings: The Cases of Voluntary and Mandatory Interim Reports95 cited
  • 1993Bond and Stock Market Response to Unexpected Earnings Announcements95 cited
  • 2003Residual Income Risk, Intrinsic Values, and Share Prices94 cited