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A reexamination of the relative profitability of the U.S. defense industry: 1968–1977
16 references·0 citing·37 second hop
A reexamination of the relative profitability of the U.S. defense industry: 1968–1977 (1989)A reexamination of the relative profitabi…Financial statement analysis (2007)Financial statement analysisAn Analysis of the use of Accounting and Market Measures of Performance in Executive Compensation Contracts (1987)An Analysis of the use of Acc…Positive Accounting Theory (1985)Positive Accounting TheoryExecutive compensation, management turnover, and firm performance (1985)Executive compensation, manag…Corporate performance and managerial remuneration (1985)Corporate performance and man…Financial Theory and Corporate Policy. (1982)Financial Theory and Corporat…Using Financial Data to Measure Effects of Regulation (1981)Using Financial Data to Measu…Financial Theory and Corporate Policy. (1980)Financial Theory and Corporat…Experience, Performance, and Earnings (1980)Experience, Performance, and …Studies in the Theory of Capital Markets. (1973)Studies in the Theory of Capi…The capital asset pricing model: Some empirical tests (1972)The capital asset pricing mod…The Association Between Market Determined and Accounting Determined Risk Measures. (1970)The Association Between Marke…Firm Size and Profitability (1967)Firm Size and ProfitabilityMarket and Industry Factors in Stock Price Behavior (1966)Market and Industry Factors i…Business Behavior, Value and Growth. (1962)Business Behavior, Value and …The Modern Corporation and Private Property (1933)The Modern Corporation and Pr…The Modern Corporation and Private Property (1933)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The market for corporate control (1983)Executive incentives and the horizon problem (1991)INSTRUMENTAL STAKEHOLDER THEORY: A SYNTHESIS OF ETHICS AND ECONOMICS (1995)The Provision of Incentives in Firms (1999)The Pricing of Options and Corporate Liabilities (1973)The theory and practice of econometrics (1986)Management ownership and market valuation (1988)Agency costs of free cash flow, corporate finance, and takeovers (1996)A Survey of Corporate Governance (1997)Portfolio Selection: Efficient Diversification of Investments (1959)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)An Intertemporal Capital Asset Pricing Model (1973)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)Significance tests and goodness of fit in the analysis of covariance structures. (1980)Evaluating Structural Equation Models with Unobservable Variables and Measurement Error (1981)Assessing empirical research in managerial accounting: a value-based management perspective (2001)Are Selling, General, and Administrative Costs “Sticky”? (2003)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)Option pricing when underlying stock returns are discontinuous (1976)Measuring security price performance (1980)Expected stock returns and volatility (1987)Organizational Culture: Can It Be a Source of Sustained Competitive Advantage? (1986)Diversification's effect on firm value (1995)Shareholder value, stakeholder management, and social issues: what's the bottom line? (2001)A Study of the Environmental Disclosure Practices of Australian Corporations (1996)The public disclosure of environmental performance information—a dual test of media agenda setting theory and legitimacy theory (1998)Founding family ownership and the agency cost of debt (2003)Are family firms really superior performers? (2007)Macroeconomic and bank-specific determinants of non-performing loans in Greece: A comparative study of mortgage, business and consumer loan portfolios (2011)Determinants of corporate social responsibility disclosure: An application of stakeholder theory (1992)Information Technology Effects on Firm Performance as Measured by Tobin's q (1999)
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References

  • 1985Positive Accounting Theory5,837 cited
  • 1972The capital asset pricing model: Some empirical tests2,705 cited
  • 1985Corporate performance and managerial remuneration1,756 cited
  • 1933The Modern Corporation and Private Property1,705 cited
  • 1980Financial Theory and Corporate Policy.1,699 cited
  • 1985Executive compensation, management turnover, and firm performance1,209 cited
  • 1987An Analysis of the use of Accounting and Market Measures of Performance in Executive Compensation Contracts1,047 cited
  • 2007Financial statement analysis1,022 cited
  • 1982Financial Theory and Corporate Policy.956 cited
  • 1973Studies in the Theory of Capital Markets.908 cited
  • 1962Business Behavior, Value and Growth.888 cited
  • 1966Market and Industry Factors in Stock Price Behavior838 cited
  • 1980Experience, Performance, and Earnings666 cited
  • 1981Using Financial Data to Measure Effects of Regulation608 cited
  • 1970The Association Between Market Determined and Accounting Determined Risk Measures.573 cited
  • 1967Firm Size and Profitability

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