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Interacting biases, non-normal return distributions and the performance of tests for long-horizon event studies
16 references·10 citing·32 second hopsampled
Interacting biases, non-normal return distributions and the performance of tests for long-horizon event studies (2001)Interacting biases, non-normal return dis…Improved Methods for Tests of Long‐Run Abnormal Stock Returns (1999)Improved Methods for Tests of…Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Market efficiency, long-term …Glamour, value and the post-acquisition performance of acquiring firms (1998)Glamour, value and the post-a…Earnings Management and the Long‐Run Market Performance of Initial Public Offerings (1998)Earnings Management and the L…The Delisting Bias in CRSP Data (1997)The Delisting Bias in CRSP Da…Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies (1997)Myth or Reality? The Long-Run…Measuring long-horizon security price performance (1997)Measuring long-horizon securi…Market Efficiency, Long-Term Returns, and Behavioral Finance (1997)Market Efficiency, Long-Term …Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…Underperformance in long-run stock returns following seasoned equity offerings (1995)Underperformance in long-run …The New Issues Puzzle (1995)The New Issues PuzzleMarket underreaction to open market share repurchases (1995)Market underreaction to open …Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…The Post-Merger Performance of Acquiring Firms: A Re-Examination of an Anomaly (1992)The Post-Merger Performance o…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…Measuring security price performance (1980)Measuring security price perf…The Long-Run Impact of Information Security Breach Announcements on Investors’ Confidence: The Context of Efficient Market Hypothesis (2021)The Long-Run Impact of Inform…Event study methodology in business research: a bibliometric analysis (2020)Event study methodology in bu…Effects of changes in stock index compositions: A literature survey (2017)Effects of changes in stock i…Revista Europea de Dirección y Economía de la Empresa (2016)Revista Europea de Dirección …The resolution of failed banks during the crisis: Acquirer performance and FDIC guarantees, 2008–2013 (2015)The resolution of failed bank…Short sale constraints, disperse pessimistic beliefs and market efficiency — Evidence from the Chinese stock market (2014)Short sale constraints, dispe…The Pricing of IPOs Post‐Sarbanes‐Oxley (2009)The Pricing of IPOs Post‐Sarb…Initial Public Offerings: CFO Perceptions (2006)Initial Public Offerings: CFO…An Evaluation of Testing Procedures for Long Horizon Event Studies (2004)An Evaluation of Testing Proc…Private Benefits of Control in Founding-Family Owned Firms: An Analysis of the Dynamics of Disproportionate Ownership and Control in Family Firm Ipos (2003)Private Benefits of Control i…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)On Persistence in Mutual Fund Performance (1997)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)An Empirical Evaluation of Accounting Income Numbers (1968)The Adjustment of Stock Prices to New Information (1969)Event Studies in Economics and Finance (1997)Introductory Econometrics for Finance (2008)Using daily stock returns (1985)Capital markets research in accounting (2001)Earnings Management During Import Relief Investigations (1991)Earnings Management through Real Activities Manipulation (2003)Performance matched discretionary accrual measures (2005)The economic implications of corporate financial reporting (2005)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Do Investors Trade Too Much? (1999)Managerial Decisions and Long‐Term Stock Price Performance (2000)The Economic Costs of Conflict: A Case Study of the Basque Country (2003)Corporate financing and investment decisions when firms have information that investors do not have (1984)Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)Institutional Investors and Equity Prices (2001)The relationship between return and market value of common stocks (1981)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Cross‐Section of Stock Returns (2006)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Investor Psychology and Asset Pricing (2001)More Than Words: Quantifying Language to Measure Firms' Fundamentals (2008)Presidential Address: Discount Rates (2011)Evidence on the Characteristics of Cross Sectional Variation in Stock Returns (1997)The Stock Market Valuation of Research and Development Expenditures (2001)Asset Growth and the Cross‐Section of Stock Returns (2008)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1995The New Issues Puzzle3,550 cited
  • 1980Measuring security price performance3,330 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1998Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.12,572 cited
  • 1998Earnings Management and the Long‐Run Market Performance of Initial Public Offerings2,300 cited
  • 1999Improved Methods for Tests of Long‐Run Abnormal Stock Returns1,826 cited
  • 1995Market underreaction to open market share repurchases1,739 cited
  • 1997Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies1,456 cited
  • 1997Market Efficiency, Long-Term Returns, and Behavioral Finance1,278 cited
  • 1992The Post-Merger Performance of Acquiring Firms: A Re-Examination of an Anomaly1,199 cited
  • 1998Glamour, value and the post-acquisition performance of acquiring firms1,067 cited

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1997
The Delisting Bias in CRSP Data
1,057 cited
  • 1995Underperformance in long-run stock returns following seasoned equity offerings1,005 cited
  • 1997Measuring long-horizon security price performance991 cited
  • Cited by

    • 2009The Pricing of IPOs Post‐Sarbanes‐Oxley63 cited
    • 2020Event study methodology in business research: a bibliometric analysis59 cited
    • 2004An Evaluation of Testing Procedures for Long Horizon Event Studies59 cited
    • 2006Initial Public Offerings: CFO Perceptions50 cited
    • 2017Effects of changes in stock index compositions: A literature survey44 cited
    • 2015The resolution of failed banks during the crisis: Acquirer performance and FDIC guarantees, 2008–201340 cited
    • 2021The Long-Run Impact of Information Security Breach Announcements on Investors’ Confidence: The Context of Efficient Market Hypothesis37 cited
    • 2003Private Benefits of Control in Founding-Family Owned Firms: An Analysis of the Dynamics of Disproportionate Ownership and Control in Family Firm Ipos37 cited
    • 2014Short sale constraints, disperse pessimistic beliefs and market efficiency — Evidence from the Chinese stock market34 cited
    • 2016Revista Europea de Dirección y Economía de la Empresa24 cited