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SEC product-line reporting and market efficiency
16 references·16 citing·20 second hopsampled
SEC product-line reporting and market efficiency (1975)SEC product-line reporting and market eff…The Adjustment of Stock Prices to New Information (2003)The Adjustment of Stock Price…Required Disclosure and the Stock Market: An Evaluation of the Securities Exchange Act of 1934 (1973)Required Disclosure and the S…SOME TIME SERIES PROPERTIES OF ACCOUNTING INCOME (1972)SOME TIME SERIES PROPERTIES O…Predicting Earnings: Entity versus Subentity Data (1971)Predicting Earnings: Entity v…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)EFFICIENT CAPITAL MARKETS: A …Efficient Capital Markets: A Review of Theory and Empirical Work (1970)Efficient Capital Markets: A …The Adjustment of Stock Prices to New Information (1969)The Adjustment of Stock Price…The Information Content of Annual Earnings Announcements (1968)The Information Content of An…RISK, RETURN AND EQUILIBRIUM: SOME CLARIFYING COMMENTS (1968)RISK, RETURN AND EQUILIBRIUM:…An Empirical Evaluation of Accounting Income Numbers (1968)An Empirical Evaluation of Ac…Some New Stock-Market Indexes (1966)Some New Stock-Market IndexesThe Behavior of Stock-Market Prices (1965)The Behavior of Stock-Market …Portfolio Analysis in a Stable Paretian Market (1965)Portfolio Analysis in a Stabl…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)CAPITAL ASSET PRICES: A THEOR…A Simplified Model for Portfolio Analysis (1963)A Simplified Model for Portfo…Portfolio Selection (1952)Portfolio SelectionThe Informational Value of Segment Data Disaggregated by Underlying Industry: Evidence from the Textual Features of Business Descriptions (2021)The Informational Value of Se…Disclosure of Cybersecurity Investments and the Cost of Capital (2020)Disclosure of Cybersecurity I…Pricing American interest rate options under the jump-extended constant-elasticity-of-variance short rate models (2011)Pricing American interest rat…Economic Consequences of 'Regulation on Corporate Governance': Evidence from India (2005)Economic Consequences of 'Reg…THE IMPACT OF SEGMENTAL REPORTING DISCLOSURE ON A FIRM'S PERCEIVED RISK (2003)THE IMPACT OF SEGMENTAL REPOR…Attributes of industry, industry segment and firm‐specific information in security valuation* (1989)Attributes of industry, indus…GEOGRAPHICAL SEGMENT DISCLOSURE AND MULTINATIONAL RISK PROFILE (1986)GEOGRAPHICAL SEGMENT DISCLOSU…Alternative Measures of Profit Margin: An Empirical Study of the Potential Information Content of Current Cost Accounting (1983)Alternative Measures of Profi…On the Politics of Accounting Disclosure and Measurement: An Analysis of Economic Incentives (1981)On the Politics of Accounting…Incentives for Segment Reporting (1981)Incentives for Segment Report…Public Disclosure Rules, Private Information-Production Decisions, and Capital Market Equilibrium (1980)Public Disclosure Rules, Priv…AN ANALYSIS OF THE USEFULNESS OF DISAGGREGATED ACCOUNTING DATA FOR FORECASTS OF CORPORATE PERFORMANCE* (1980)AN ANALYSIS OF THE USEFULNESS…THE QUALITY OF DISCLOSURE AND THE COST OF CAPITAL (1979)THE QUALITY OF DISCLOSURE AND…The Efficacy of Trading Suspensions: A Regulatory Action Designed to Prevent the Exploitation of Monopoly Information (1979)The Efficacy of Trading Suspe…The API and the Design of Experiments (1979)The API and the Design of Exp…Line of Business Reporting and Security Prices: An Analysis of an SEC Disclosure Rule (1977)Line of Business Reporting an…DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Portfolio Selection: Efficient Diversification of Investments (1959)Dividend Policy, Growth, and the Valuation of Shares (1961)Risk, Return, and Equilibrium: Empirical Tests (1973)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Users of the world, unite! The challenges and opportunities of Social Media (2009)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Common risk factors in the returns on stocks and bonds (1993)Using daily stock returns (1985)Capital markets research in accounting (2001)Efficient Capital Markets: II (1991)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (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)An intertemporal asset pricing model with stochastic consumption and investment opportunities (1979)Conditional value-at-risk for general loss distributions (2002)The Capital Asset Pricing Model: Theory and Evidence (2004)Introductory Econometrics for Finance (2008)
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References

  • 1964CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*19,431 cited
  • 1970EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*15,723 cited
  • 1970Efficient Capital Markets: A Review of Theory and Empirical Work13,616 cited
  • 1965The Behavior of Stock-Market Prices8,707 cited
  • 1968An Empirical Evaluation of Accounting Income Numbers6,384 cited
  • 1952Portfolio Selection4,609 cited
  • 1969The Adjustment of Stock Prices to New Information3,625 cited
  • 2003The Adjustment of Stock Prices to New Information3,063 cited
  • 1963A Simplified Model for Portfolio Analysis2,740 cited
  • 1968The Information Content of Annual Earnings Announcements2,739 cited
  • 1966Some New Stock-Market Indexes538 cited
  • 1965Portfolio Analysis in a Stable Paretian Market468 cited
  • 1972SOME TIME SERIES PROPERTIES OF ACCOUNTING INCOME454 cited
  • 1968RISK, RETURN AND EQUILIBRIUM: SOME CLARIFYING COMMENTS396 cited
  • 1973Required Disclosure and the Stock Market: An Evaluation of the Securities Exchange Act of 1934331 cited
  • 1971Predicting Earnings: Entity versus Subentity Data

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  • 1979The Efficacy of Trading Suspensions: A Regulatory Action Designed to Prevent the Exploitation of Monopoly Information48 cited
  • 1977Line of Business Reporting and Security Prices: An Analysis of an SEC Disclosure Rule40 cited
  • 1989Attributes of industry, industry segment and firm‐specific information in security valuation*40 cited
  • 1980AN ANALYSIS OF THE USEFULNESS OF DISAGGREGATED ACCOUNTING DATA FOR FORECASTS OF CORPORATE PERFORMANCE*38 cited
  • 1980Public Disclosure Rules, Private Information-Production Decisions, and Capital Market Equilibrium34 cited
  • 1979The API and the Design of Experiments33 cited
  • 1981Incentives for Segment Reporting29 cited
  • 2011Pricing American interest rate options under the jump-extended constant-elasticity-of-variance short rate models27 cited
  • 2005Economic Consequences of 'Regulation on Corporate Governance': Evidence from India24 cited
  • 2020Disclosure of Cybersecurity Investments and the Cost of Capital22 cited
  • 1986GEOGRAPHICAL SEGMENT DISCLOSURE AND MULTINATIONAL RISK PROFILE21 cited
  • 1983Alternative Measures of Profit Margin: An Empirical Study of the Potential Information Content of Current Cost Accounting21 cited
  • 1981On the Politics of Accounting Disclosure and Measurement: An Analysis of Economic Incentives20 cited
  • 1979THE QUALITY OF DISCLOSURE AND THE COST OF CAPITAL18 cited
  • 2003THE IMPACT OF SEGMENTAL REPORTING DISCLOSURE ON A FIRM'S PERCEIVED RISK16 cited
  • 2021The Informational Value of Segment Data Disaggregated by Underlying Industry: Evidence from the Textual Features of Business Descriptions16 cited