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Evidence on Income Measurement Properties of ASR No. 190 and SFAS No. 33 Data
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Evidence on Income Measurement Properties of ASR No. 190 and SFAS No. 33 Data (1988)Evidence on Income Measurement Properties…Market Association Tests and FASB Statement No. 33 Disclosures: A Reexamination (1985)Market Association Tests and …The Information Content of Current Cost Income Relative to Dividends and Historical Cost Income (1984)The Information Content of Cu…The incremental information content of replacement cost earnings (1982)The incremental information c…The impact of replacement cost disclosure on security prices (1982)The impact of replacement cos…Financial Reporting: An Accounting Revolution. (1982)Financial Reporting: An Accou…The information content of SEC accounting series release no. 190 (1980)The information content of SE…The adjustment of security returns to the disclosure of replacement cost accounting information (1980)The adjustment of security re…Market reaction to the 1976 replacement cost disclosures (1980)Market reaction to the 1976 r…The Time-Series Properties of Annual Earnings (1977)The Time-Series Properties of…The Time Series of Annual Accounting Earnings (1977)The Time Series of Annual Acc…Capital Market Equilibrium, Information Production, and Selecting Accounting Techniques: Theoretical Framework and Review of Empirical Work (1974)Capital Market Equilibrium, I…Estimates of the Marginal Rate of Time Preference and Average Risk Aversion of Investors in Electric Utility Shares: 1960-66 (1971)Estimates of the Marginal Rat…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Equilibrium in a Capital Asset Market (1966)The Application of Finance Theory to Public Utility Rate Cases (1972)Rate of Return Regulation and Efficiency in Production: An Empirical Test of the Averch-Johnson Thesis (1974)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)Predatory Pricing and the Acquisition Cost of Competitors (1986)Dividend Policy: An Empirical Analysis (1968)SOME TIME SERIES PROPERTIES OF ACCOUNTING INCOME (1972)Time Series Analysis: Forecasting and Control (1977)The Theoretical Relationship Between Systematic Risk and Financial (Accounting) Variables (1979)The Ability of Earnings to Predict Future Earnings and Cash Flow (1994)Determinants of profitability in European manufacturing and services: evidence from a dynamic panel model (2005)An Empirical Evaluation of Accounting Income Numbers (1968)The Role of Securities in the Optimal Allocation of Risk-bearing (1973)Asset returns and inflation (1977)The Estimation and Determinants of Associations between Returns and Earnings: Evidence from Cross-Industry Comparisons (1991)International Differences in GAAP and the Pricing of Earnings (1992)Permanent versus transitory components of annual earnings and estimation error in earnings response coefficients (1992)The Information Content of Annual Earnings Announcements (1968)Estimating betas from nonsynchronous data (1977)Measuring security price performance (1980)Accounting and Market-Value Measures of Profitability: Consistency, Determinants, and Uses (1984)The Theory and Measurement of Business Income (1961)Accounting, evaluation, and economic behavior (1966)The Association Between Market Determined and Accounting Determined Risk Measures. (1970)On the irrelevance of replacement cost disclosures for security prices (1980)The consequences of shifting the IPO offer pricing power from securities regulators to market participants in weak institutional environments: Evidence from China (2016)Rules for Ordering Uncertain Prospects (1969)Accounting for intangible assets: suggested solutions (2021)An Economic Theory of Democracy. (1958)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)On the Frequency, Quality, and Informationl Role of Mandatory Financial Reports (1998)Trading Volume Around Earnings Announcements and Other Financial Reports: Theory, Research Design, Empirical Evidence, and Directions for Future Research* (2011)Gathering Data for Archival, Field, Survey, and Experimental Accounting Research (2016)Applied Linear Statistical Models. (1975)Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Capital Market Analysis of Reserve Recognition Accounting (1986)Cross-Sectional Regularities in the Response of Stock Prices to Bond Rating Changes (1989)CURRENT COST ACCOUNTING RATIOS AS PREDICTORS OF BUSINESS FAILURE: THE SWEDISH CASE (1990)Repurchase tender offers and earnings information (1991)Price-earnings regressions in the presence of prices leading earnings (1992)A Re-Examination of Analysts’ Superiority over Time-Series Forecasts of Annual Earnings (2011)Earnings Innovations, Earnings Persistence, and Stock Returns (1987)The crisis of fair-value accounting: Making sense of the recent debate (2009)The Effect of Disclosures by Management, Analysts, and Business Press on Cost of Capital, Return Volatility, and Analyst Forecasts: A Study Using Content Analysis (2009)
this work references cited by second hop

References

  • 1982Financial Reporting: An Accounting Revolution.953 cited
  • 1977The Time Series of Annual Accounting Earnings336 cited
  • 1974Capital Market Equilibrium, Information Production, and Selecting Accounting Techniques: Theoretical Framework and Review of Empirical Work281 cited
  • 1977The Time-Series Properties of Annual Earnings216 cited
  • 1982The incremental information content of replacement cost earnings145 cited
  • 1971Estimates of the Marginal Rate of Time Preference and Average Risk Aversion of Investors in Electric Utility Shares: 1960-66105 cited
  • 1980The information content of SEC accounting series release no. 19085 cited
  • 1980Market reaction to the 1976 replacement cost disclosures77 cited
  • 1985Market Association Tests and FASB Statement No. 33 Disclosures: A Reexamination70 cited
  • 1980The adjustment of security returns to the disclosure of replacement cost accounting information63 cited
  • 1982The impact of replacement cost disclosure on security prices47 cited
  • 1984The Information Content of Current Cost Income Relative to Dividends and Historical Cost Income24 cited

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