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How does the market view interests in jointly controlled entities?
16 references·2 citing·48 second hop
How does the market view interests in jointly controlled entities? (2012)How does the market view interests in joi…International differences in IFRS policy choice: A research note (2010)International differences in …Scale Effects in Capital Markets‐Based Accounting Research (2009)Scale Effects in Capital Mark…International Accounting Standards and Accounting Quality (2008)International Accounting Stan…Does Recognition versus Disclosure Matter? Evidence from Value-Relevance of Banks' Recognized and Disclosed Derivative Financial Instruments (2006)Does Recognition versus Discl…Scale and the Scale Effect in Market‐based Accounting Research (2003)Scale and the Scale Effect in…A hostage theory of joint ventures: why do Japanese investors choose partial over full acquisitions to enter the United States? (2003)A hostage theory of joint ven…The relevance of the value relevance literature for financial accounting standard setting: another view (2001)The relevance of the value re…THE CHOICE BETWEEN MERGERS/ACQUISITIONS AND JOINT VENTURES: THE CASE OF JAPANESE INVESTORS IN THE UNITED STATES (1997)THE CHOICE BETWEEN MERGERS/AC…Earnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…The Transaction Costs Theory of Joint Ventures: An Empirical Study of Japanese Subsidiaries in the United States (1991)The Transaction Costs Theory …JOINT VENTURE FORMATIONS AND STOCK MARKET REACTIONS: AN ASSESSMENT IN THE INFORMATION TECHNOLOGY SECTOR. (1991)JOINT VENTURE FORMATIONS AND …Joint Venture Formations and Stock Market Reactions: An Assessment in the Information Technology Sector (1991)Joint Venture Formations and …A transaction costs theory of equity joint ventures (1988)A transaction costs theory of…Corporate Combinations and Common Stock Returns: The Case of Joint Ventures (1985)Corporate Combinations and Co…Journal of business finance and accounting (1978)Journal of business finance a…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Did the switch to IFRS 11 for joint ventures affect the value relevance of corporate consolidated financial statements? Evidence from France and Italy (2020)Did the switch to IFRS 11 for…Effects of adopting IFRS 10 and IFRS 11 on consolidated financial statements (2019)Effects of adopting IFRS 10 a…Personal Knowledge: Towards a Post-Critical Philosophy (1959)Supplier Switching Costs and Vertical Integration in the Automobile Industry (1982)The Economic Institutions of Capitalism (1987)Alliance capability, stock market response, and long‐term alliance success: the role of the alliance function (2002)A Knowledge Accessing Theory of Strategic Alliances (2003)The evolution of cooperation in strategic alliances: Initial conditions or learning processes? (2007)Unionism and Wage Rates: A Simultaneous Equations Model with Qualitative and Limited Dependent Variables (1978)Limited attention, information disclosure, and financial reporting (2003)The Decision Usefulness of Fair Value Accounting – A Theoretical Perspective (2007)Financial Accounting Standards Board (FASB) (2008)The Effect of Quarterly Report Readability on Information Efficiency of Stock Prices* (2011)Gathering Data for Archival, Field, Survey, and Experimental Accounting Research (2016)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Theory and Measurement of Business Income (1961)Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Capital markets research in accounting (2001)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Positive Accounting Theory (1985)Earnings management to avoid earnings decreases and losses (1997)Earnings management and investor protection: an international comparison (2003)Mandatory IFRS Reporting around the World: Early Evidence on the Economic Consequences (2008)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2016)The theory and practice of econometrics (1986)Econometric Models and Economic Forecasts (1990)The impact of IFRS adoption on the value relevance of book value and earnings (2011)The Cost of Carbon: Capital Market Effects of the Proposed Emission Trading Scheme ( ETS ) (2013)The Value Relevance of Environmental, Social, and Governance Performance: The Brazilian Case (2018)An Empirical Evaluation of Accounting Income Numbers (1968)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Costs of Equity and Earnings Attributes (2004)Exploring the linkage between investment in manufacturing and environmental technologies (2000)Accountingization v. legitimation: a comparative study of the use of accounting information in intensive care (2003)Investigating the Risk–Return Relationship of Information Technology Investment: Firm-Level Empirical Analysis (2007)Building capabilities for international operations through networks: a study of Indian firms (2007)Do international acquisitions by emerging-economy firms create shareholder value? The case of Indian firms (2009)Down with MNE-centric theories! Market entry and expansion as the bundling of MNE and local assets (2009)"Messy" Research, Methodological Predispositions, and Theory Development in International Joint Ventures (1993)THE EFFECT OF NATIONAL CULTURE, ORGANIZATIONAL COMPLEMENTARITY, AND ECONOMIC MOTIVATION ON JOINT VENTURE DISSOLUTION. (1997)Institutional, cultural and transaction cost influences on entry mode choice and performance (2012)
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References

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  • 1997THE CHOICE BETWEEN MERGERS/ACQUISITIONS AND JOINT VENTURES: THE CASE OF JAPANESE INVESTORS IN THE UNITED STATES632 cited
  • 1978Journal of business finance and accounting580 cited
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  • 2006Does Recognition versus Disclosure Matter? Evidence from Value-Relevance of Banks' Recognized and Disclosed Derivative Financial Instruments377 cited
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  • 1985Corporate Combinations and Common Stock Returns: The Case of Joint Ventures364 cited
  • 1991JOINT VENTURE FORMATIONS AND STOCK MARKET REACTIONS: AN ASSESSMENT IN THE INFORMATION TECHNOLOGY SECTOR.315 cited
  • 2010International differences in IFRS policy choice: A research note

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294 cited
  • 2003Scale and the Scale Effect in Market‐based Accounting Research252 cited
  • 2003A hostage theory of joint ventures: why do Japanese investors choose partial over full acquisitions to enter the United States?201 cited
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    • 2019Effects of adopting IFRS 10 and IFRS 11 on consolidated financial statements13 cited
    • 2020Did the switch to IFRS 11 for joint ventures affect the value relevance of corporate consolidated financial statements? Evidence from France and Italy12 cited