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On the long-term stability and cross-country invariance of financial ratio patterns
9 references·3 citing·37 second hop
On the long-term stability and cross-country invariance of financial ratio patterns (1989)On the long-term stability and cross-coun…Financial statement analysis (2020)Financial statement analysisFinancial statement analysis (2007)Financial statement analysisMETHODOLOGICAL IMPLICATIONS OF NON‐NORMALLY DISTRIBUTED FINANCIAL RATIOS (1982)METHODOLOGICAL IMPLICATIONS O…SOME BASIC PROPERTIES OF ACCOUNTING RATIOS (1980)SOME BASIC PROPERTIES OF ACCO…The Cross-Sectional Stability of Financial Ratio Patterns (1979)The Cross-Sectional Stability…Methodological issues in the use of financial ratios (1979)Methodological issues in the …MODELLING A FINANCIAL RATIOS CATEGORIC FRAMEWORK (1978)MODELLING A FINANCIAL RATIOS …THE STABILITY OF FINANCIAL PATTERNS IN INDUSTRIAL ORGANIZATIONS (1973)THE STABILITY OF FINANCIAL PA…Properties of Accounting Numbers: Models and Tests (1973)Properties of Accounting Numb…Prediction of Greek company takeovers via multivariate analysis of financial ratios (1997)Prediction of Greek company t…STOCK RETURNS AND CLASSIFICATION PATTERN OF FIRM‐SPECIFIC FINANCIAL VARIABLES: EMPIRICAL EVIDENCE WITH FINNISH DATA (1993)STOCK RETURNS AND CLASSIFICAT…On the instability of financial patterns of failed firms and the predictability of corporate failure (1991)On the instability of financi…Financial Ratios As Predictors of Failure (1966)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Modeling Credit Risk for Smes: Evidence from the Us Market (2005)Small Enterprise Default Prediction Modeling through Artificial Neural Networks: An Empirical Analysis of Italian Small Enterprises (2012)A genetic algorithm approach for SMEs bankruptcy prediction: Empirical evidence from Italy (2014)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)An Empirical Evaluation of Accounting Income Numbers (1968)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)Predicting Annual Net Earnings with Quarterly Earnings Time-Series Models (1979)The Relation Between Security Returns, Firm Earnings, and Industry Earnings* (1996)Intangible investment and the importance of firm-specific factors in the determination of earnings (2011)The Information Content of Annual Earnings Announcements (1968)Towards Reconciliation of Market Performance Measures to Strategic Management Research (1986)The Ohlson Model: Contribution to Valuation Theory, Limitations, and Empirical Applications (2000)Capital structure, product market competition and firm performance: Evidence from South Africa (2013)Industry Averages as Targets for Financial Ratios (1969)Data envelopment analysis applied to financial statements (1990)Towards a general non-parametric model of corporate performance (1994)Ratio and Frontier Analysis for Assessing Corporate Performance: Evidence from the Grocery Industry in the UK (1995)Estimating betas from nonsynchronous data (1977)An analysis of intertemporal and cross-sectional determinants of earnings response coefficients (1989)A note on the use of industry-relative ratios in bankruptcy prediction (1991)INDUSTRY PRACTICE RELATING TO AGGRESSIVE CONSERVATIVE WORKING CAPITAL POLICIES (1998)Principles of Numerical Taxonomy (2013)A general canonical correlation index. (1968)Modern Factor Analysis (1968)Financial Patterns of Uk Manufacturing Companies (1987)The Predictiveness of Bankruptcy Models: Methodological Problems and Evidence (1990)Ratio Analysis for the Hospitality Industry: A Cross Sector Comparison of Financial Trends in the Lodging, Restaurant, Airline, and Amusement Sectors (2005)Credit risk assessment using a multicriteria hierarchical discrimination approach: A comparative analysis (2002)Applying the VAIC™ model to Australian hotels (2010)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)Are Selling, General, and Administrative Costs “Sticky”? (2003)Seasonalities in security returns (1988)The impact of corporate pollution on market valuation: some empirical evidence (1993)The challenges of investor communication The case of CUC International, Inc. (1995)
this work references cited by second hop

References

  • 2007Financial statement analysis1,022 cited
  • 1979Methodological issues in the use of financial ratios256 cited
  • 1973THE STABILITY OF FINANCIAL PATTERNS IN INDUSTRIAL ORGANIZATIONS197 cited
  • 2020Financial statement analysis177 cited
  • 1978MODELLING A FINANCIAL RATIOS CATEGORIC FRAMEWORK152 cited
  • 1982METHODOLOGICAL IMPLICATIONS OF NON‐NORMALLY DISTRIBUTED FINANCIAL RATIOS147 cited
  • 1980SOME BASIC PROPERTIES OF ACCOUNTING RATIOS134 cited
  • 1973Properties of Accounting Numbers: Models and Tests82 cited
  • 1979The Cross-Sectional Stability of Financial Ratio Patterns51 cited

Cited by

  • 1993STOCK RETURNS AND CLASSIFICATION PATTERN OF FIRM‐SPECIFIC FINANCIAL VARIABLES: EMPIRICAL EVIDENCE WITH FINNISH DATA34 cited
  • 1997Prediction of Greek company takeovers via multivariate analysis of financial ratios30 cited
  • 1991On the instability of financial patterns of failed firms and the predictability of corporate failure24 cited

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