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Informed Trading and the Market Reaction to Accounting Restatements
16 references·13 citing·35 second hop
Informed Trading and the Market Reaction to Accounting Restatements (2011)Informed Trading and the Market Reaction …On the use of instrumental variables in accounting research (2009)On the use of instrumental va…Accounting Information, Disclosure, and the Cost of Capital (2007)Accounting Information, Discl…The market pricing of accruals quality (2005)The market pricing of accrual…The economic implications of corporate financial reporting (2005)The economic implications of …Information and the Cost of Capital (2004)Information and the Cost of C…A Re‐examination of Disclosure Level and the Expected Cost of Equity Capital (2002)A Re‐examination of Disclosur…Toward an Implied Cost of Capital (2001)Toward an Implied Cost of Cap…Disclosure level and the cost of equity capital. (1997)Disclosure level and the cost…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…Dividend Policy under Asymmetric Information (1985)Dividend Policy under Asymmet…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Informational Asymmetries, Financial Structure, and Financial Intermediation (1977)Informational Asymmetries, Fi…INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)INFORMATIONAL ASYMMETRIES, FI…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Is Customers’ Financial Reporting Quality Associated with Suppliers’ Decision to Contract? (2024)Is Customers’ Financial Repor…Double trouble? IRS’s attention to financial accounting restatements (2022)Double trouble? IRS’s attenti…Disclosure Speed: Evidence from Nonpublic SEC Investigations (2022)Disclosure Speed: Evidence fr…Quasi‐Indexer Ownership and Insider Trading: Evidence from Russell Index Reconstitutions* (2021)Quasi‐Indexer Ownership and I…Does target firm insider trading signal the target's synergy potential in mergers and acquisitions? (2021)Does target firm insider trad…Do the Right Thing: The Imprinting of Deonance at the Upper Echelons (2021)Do the Right Thing: The Impri…What's good for you is good for me: The effect of CEO inside debt on the cost of equity (2020)What's good for you is good f…The impact of financial restatements on financial markets: a systematic review of the literature (2020)The impact of financial resta…Do corporate insiders trade on future stock price crash risk? (2020)Do corporate insiders trade o…Undisclosed SEC Investigations (2019)Undisclosed SEC InvestigationsDeterminants and economic consequences of cash flow restatements (2018)Determinants and economic con…Do post-restatement firms care about financial credibility? Evidence from the pre- and post-SOX eras (2014)Do post-restatement firms car…Regulating the Timing of Disclosure: Insights from the Acceleration of 10-K Filing Deadlines (2008)Regulating the Timing of Disc…Coefficient Alpha and the Internal Structure of Tests (1951)Disclosure, Liquidity, and the Cost of Capital (1991)The Cross-Section of Expected Stock Returns (1992)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)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)Dividend Policy, Growth, and the Valuation of Shares (1961)Job Market Signaling (1973)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Efficient Capital Markets: II (1991)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 Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Financial Intermediation and Delegated Monitoring (1984)The Nature of the Firm (1937)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Law and Finance (1998)Earnings Management During Import Relief Investigations (1991)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The theory and practice of corporate finance: evidence from the field (2001)Earnings Management through Real Activities Manipulation (2003)Determinants of corporate borrowing (1977)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)How does financial reporting quality relate to investment efficiency? (2009)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Initial Public Offerings and Underwriter Reputation (1990)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Economic Consequences of Legal Origins (2008)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 2005The economic implications of corporate financial reporting6,337 cited
  • 1977INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION4,056 cited
  • 1977Informational Asymmetries, Financial Structure, and Financial Intermediation3,772 cited
  • 1997Disclosure level and the cost of equity capital.3,577 cited
  • 1995The New Issues Puzzle3,550 cited
  • 1985Dividend Policy under Asymmetric Information3,459 cited
  • 2005The market pricing of accruals quality3,101 cited
  • 2004Information and the Cost of Capital3,057 cited
  • 2007Accounting Information, Disclosure, and the Cost of Capital2,582 cited
  • 2009On the use of instrumental variables in accounting research2,416 cited
  • 2001Toward an Implied Cost of Capital2,004 cited
  • 1995Market underreaction to open market share repurchases1,739 cited

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2002
A Re‐examination of Disclosure Level and the Expected Cost of Equity Capital
1,457 cited

Cited by

  • 2019Undisclosed SEC Investigations114 cited
  • 2008Regulating the Timing of Disclosure: Insights from the Acceleration of 10-K Filing Deadlines94 cited
  • 2021Does target firm insider trading signal the target's synergy potential in mergers and acquisitions?71 cited
  • 2020Do corporate insiders trade on future stock price crash risk?58 cited
  • 2020What's good for you is good for me: The effect of CEO inside debt on the cost of equity54 cited
  • 2022Disclosure Speed: Evidence from Nonpublic SEC Investigations43 cited
  • 2021Quasi‐Indexer Ownership and Insider Trading: Evidence from Russell Index Reconstitutions*43 cited
  • 2014Do post-restatement firms care about financial credibility? Evidence from the pre- and post-SOX eras39 cited
  • 2022Double trouble? IRS’s attention to financial accounting restatements33 cited
  • 2021Do the Right Thing: The Imprinting of Deonance at the Upper Echelons31 cited
  • 2020The impact of financial restatements on financial markets: a systematic review of the literature22 cited
  • 2024Is Customers’ Financial Reporting Quality Associated with Suppliers’ Decision to Contract?22 cited
  • 2018Determinants and economic consequences of cash flow restatements21 cited