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Accrual Accounting, Informational Sufficiency, and Equity Valuation
16 references·1 citing·43 second hop
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(2010)Toward an Implied Cost of Capital (2001)The cost of capital, corporation finance and the theory of investment (2008)Positive Accounting Theory (1985)Earnings management to avoid earnings decreases and losses (1997)The conservatism principle and the asymmetric timeliness of earnings1 (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Conservatism in Accounting Part I: Explanations and Implications (2003)The financial reporting environment: Review of the recent literature (2010)Risk, Return, and Equilibrium: Empirical Tests (1973)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Catching Up with the Joneses: Heterogeneous Preferences and the Dynamics of Asset Prices (2002)Chapter 15 Volatility and Correlation Forecasting (2006)Is Default Risk Negatively Related to Stock Returns? 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Evidence from Analysts' Earnings Forecasts for Domestic and International Stock Markets (2001)Equity Valuation Using Multiples (2002)Accounting anomalies and fundamental analysis: A review of recent research advances (2010)Measurement of Business Performance in Strategy Research: A Comparison of Approaches (1986)Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits and Market Value (1986)How do family ownership, control and management affect firm value? (2005)
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References

  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 2001Capital markets research in accounting2,575 cited
  • 1995Valuation and Clean Surplus Accounting for Operating and Financial Activities*2,224 cited
  • 2001The relevance of the value relevance literature for financial accounting standard setting: another view1,961 cited
  • 2001The relevance of the value-relevance literature for financial accounting standard setting1,741 cited
  • 2005Expected EPS and EPS Growth as Determinantsof Value1,414 cited
  • 1981Tobin's $q$ Ratio and Industrial Organization1,382 cited
  • 2013Financial statement analysis and security valuation1,250 cited
  • 1999An empirical assessment of the residual income valuation model918 cited
  • 2001The specification of conditional expectations382 cited
  • 1967The Theory of Investment Behavior329 cited
  • 1997Intertemporal Cost Allocation and Managerial Investment Incentives: A Theory Explaining the Use of Economic Value Added as a Performance Measure314 cited
  • 1999Implementing Residual Income Valuation With Linear Information Dynamics307 cited
  • 2000Conservative accounting and equity valuation254 cited
  • 1997Investment Decisions and Managerial Performance Evaluation

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252 cited
  • 2000Accounting Information, Capital Investment Decisions, and Equity Valuation: Theory and Empirical Implications198 cited
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    • 2023Applications of the levelized cost concept17 cited