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Uncertain Precision and Price Reactions to Information.
5 references·16 citing·55 second hopsampled
Uncertain Precision and Price Reactions to Information. (1996)Uncertain Precision and Price Reactions t…On the Usefulness of Earnings and Earnings Research: Lessons and Directions from Two Decades of Empirical Research (1989)On the Usefulness of Earnings…The Effect of Sequential Information Releases on the Variance of Price Changes in an Intertemporal Multi-Asset Market (1988)The Effect of Sequential Info…Risk aversion, uncertain information, and market efficiency (1988)Risk aversion, uncertain info…The information content of security prices (1980)The information content of se…The Association between Unsystematic Security Returns and the Magnitude of Earnings Forecast Errors (1979)The Association between Unsys…Assessing Human Information Processing in Lending Decisions: A Machine Learning Approach (2022)Assessing Human Information P…Management by the Numbers: A Formal Approach to Deriving Informational and Distributional Properties of “Unmanaged” Earnings (2018)Management by the Numbers: A …Tests of investor learning models using earnings innovations and implied volatilities (2016)Tests of investor learning mo…The Effect of Information on Uncertainty and the Cost of Capital (2014)The Effect of Information on …The impact of product market competition on earnings quality (2011)The impact of product market …The impact of macroeconomic news on quote adjustments, noise, and informational volatility (2011)The impact of macroeconomic n…Earnings Management, Conservatism, and Earnings Quality (2011)Earnings Management, Conserva…The Roles that Forecast Surprise and Forecast Error Play in Determining Management Forecast Precision (2010)The Roles that Forecast Surpr…The Role of Revenue in Firm Valuation (2008)The Role of Revenue in Firm V…Predictability in Financial Analyst Forecast Errors: Learning or Irrationality? (2006)Predictability in Financial A…Accounting Information and CEO Compensation: The Role of Cash Flow from Operations in the Presence of Earnings* (2006)Accounting Information and CE…Investor learning about analyst predictive ability (2004)Investor learning about analy…When Capital Follows Profitability: Non-linear Residual Income Dynamics (2001)When Capital Follows Profitab…Do nonlinearity, firm-specific coefficients, and losses represent distinct factors in the relation between stock returns and accounting earnings? (1998)Do nonlinearity, firm-specifi…Biases in analyst forecasts: cognitive, strategic or second-best? (1998)Biases in analyst forecasts: …The Effect of Limited Liability on the Market Response to Disclosure* (1997)The Effect of Limited Liabili…Rational Expectations and the Theory of Price Movements (1961)An Empirical Evaluation of Accounting Income Numbers (1968)Risk, Return, and Equilibrium: Empirical Tests (1973)Earnings Releases, Anomalies, and the Behavior of Security Returns. (1984)Empirical Tests of the Consumption‐Oriented CAPM (1989)Price and return models (1995)The Behavior of Stock-Market Prices (1965)On the Impossibility of Informationally Efficient Markets (1980)Does the Stock Market Overreact? (1985)Nonstationary expected returns (1989)When an event is not an event: the curious case of an emerging market (2000)Following the leader: (2001)Earnings Management During Import Relief Investigations (1991)The economic implications of corporate financial reporting (2005)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Equilibrium Earnings Management and Managerial Compensation in a Multiperiod Agency Setting (2012)The role of revenue recognition in performance reporting (2014)Conservatism in debt contracting: theory and empirical evidence (2019)Dividend Policy under Asymmetric Information (1985)Positive Accounting Theory (1985)Value-relevance of nonfinancial information: The wireless communications industry (1996)Capital markets research in accounting (2001)Auditor Industry Specialization and Earnings Quality (2003)Moral Hazard and Observability (1979)The conservatism principle and the asymmetric timeliness of earnings1 (1997)The Impact of Accounting Information on Stock Prices: Evidence from the Athens Stock Exchange (2012)Value relevance of earnings and cash flows during the global financial crisis (2013)Influential Chief Marketing Officers and Management Revenue Forecasts (2017)Earnings, Book Values, and Dividends in Equity Valuation* (1995)The information content of losses (1995)Economic Value‐Added: A Review of the Theoretical and Empirical Literature (2001)Capital Gains Taxes and Equity Trading: Empirical Evidence (2003)Earnings Non‐Synchronicity and Voluntary Disclosure (2012)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The Theory of Industrial Organization (1988)The Theory of Economic Development (2003)Disclosure transparency about activity in valuation allowance and reserve accounts and accruals-based earnings management (2015)Do product market threats affect analyst forecast precision? (2017)Corporate Culture and Financial Reporting Quality (2021)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Capital Market Equilibrium with Restricted Borrowing (1972)Intra-industry information transfers associated with earnings releases (1981)On cross-sectional analysis in accounting research (1987)The association between accounting earnings and security returns for large and small firms (1987)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Predisclosure Information, Firm Capitalization, and Security Price Behavior Around Earnings Announcements (1985)Constraints on short-selling and asset price adjustment to private information (1987)Security Returns Around Earnings Announcements. (1991)Public disclosure, private information collection, and short-term trading (1994)Reputation Repair After a Serious Restatement (2014)Dividend Policy, Growth, and the Valuation of Shares (1961)Principles of Economics (1982)Heterogeneous Investment Opportunities in Multiple-Segment Firms and the Incremental Value Relevance of Segment Accounting Data (2003)Accounting based valuation models: what have we learned? (2004)Shareholder value efficiency in European banking (2007)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1989On the Usefulness of Earnings and Earnings Research: Lessons and Directions from Two Decades of Empirical Research1,120 cited
  • 1980The information content of security prices737 cited
  • 1988Risk aversion, uncertain information, and market efficiency519 cited
  • 1979The Association between Unsystematic Security Returns and the Magnitude of Earnings Forecast Errors462 cited
  • 1988The Effect of Sequential Information Releases on the Variance of Price Changes in an Intertemporal Multi-Asset Market376 cited

Cited by

  • 1998Do nonlinearity, firm-specific coefficients, and losses represent distinct factors in the relation between stock returns and accounting earnings?131 cited
  • 2001When Capital Follows Profitability: Non-linear Residual Income Dynamics102 cited
  • 2011Earnings Management, Conservatism, and Earnings Quality98 cited
  • 2008The Role of Revenue in Firm Valuation97 cited
  • 2011The impact of product market competition on earnings quality96 cited
  • 2014The Effect of Information on Uncertainty and the Cost of Capital94 cited
  • 2004Investor learning about analyst predictive ability93 cited
  • 2006Accounting Information and CEO Compensation: The Role of Cash Flow from Operations in the Presence of Earnings*91 cited
  • 2006Predictability in Financial Analyst Forecast Errors: Learning or Irrationality?

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90 cited
  • 1997The Effect of Limited Liability on the Market Response to Disclosure*81 cited
  • 1998Biases in analyst forecasts: cognitive, strategic or second-best?76 cited
  • 2022Assessing Human Information Processing in Lending Decisions: A Machine Learning Approach69 cited
  • 2010The Roles that Forecast Surprise and Forecast Error Play in Determining Management Forecast Precision67 cited
  • 2011The impact of macroeconomic news on quote adjustments, noise, and informational volatility61 cited
  • 2018Management by the Numbers: A Formal Approach to Deriving Informational and Distributional Properties of “Unmanaged” Earnings46 cited
  • 2016Tests of investor learning models using earnings innovations and implied volatilities46 cited