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Does LIFO Inventory Accounting Improve the Income Statement at the Expense of the Balance Sheet?
10 references·2 citing·43 second hop
Does LIFO Inventory Accounting Improve the Income Statement at the Expense of the Balance Sheet? (1996)Does LIFO Inventory Accounting Improve th…THE RELATION BETWEEN ACCOUNTING GOODWILL NUMBERS AND EQUITY VALUES (1996)THE RELATION BETWEEN ACCOUNTI…Fair Value Accounting: Evidence from Investment Securities and the Market Valuation of Banks. (1994)Fair Value Accounting: Eviden…Estimation and Market Valuation of Environmental Liabilities Relating to Superfund Sites (1994)Estimation and Market Valuati…Accounting earnings and cash flows as measures of firm performance (1994)Accounting earnings and cash …Resolving LIFO Uncertainty: A Theoretical and Empirical Reexamination of 1974-75 LIFO Adoptions and Nonadoptions (1993)Resolving LIFO Uncertainty: A…Fundamental Information Analysis (1993)Fundamental Information Analy…Disaggregated Accounting Data as Explanatory Variables for Returns (1992)Disaggregated Accounting Data…An Empirical Investigation of Pension Fund Property Rights. (1986)An Empirical Investigation of…The valuation of reported pension measures for firms sponsoring defined benefit plans (1982)The valuation of reported pen…Replacement Cost Accounting. (1975)Replacement Cost Accounting.Amortized Cost for Operating Lease Assets (2012)Amortized Cost for Operating …Manipulation comptable:les dirigeants et les autres parties prenantes (2003)Manipulation comptable:les di…The Association of Operating Cash Flow and Accruals with Security Returns (1986)The Information Contained in the Components of Earnings (1986)Earnings Asan Explanatory Variable for Returns (1991)The Valuation of Deferred Taxes* (1997)Valuation of Permanent, Transitory, and Price-Irrelevant Components of Reported Earnings (1998)Tax Expense Momentum (2011)SOME ESTIMATES OF THE COST OF CAPITAL TO THE ELECTRIC UTILITY INDUSTRY, 1954-57 (1966)The theory and practice of econometrics (1986)The Impact of Dividends, Debt and Investment on Valuation Models (1997)Intellectual Capital and Firm Performance of U.S. Multinational Firms: A Study of the Resource-Based and Stakeholder Views (2003)The Value Relevance and Reliability of Brand Assets Recognized by U.K. Firms (2004)Earnings Management During Import Relief Investigations (1991)The Cross-Section of Expected Stock Returns (1992)Detecting Earnings Management. (1995)The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors (2002)Earnings management and investor protection: an international comparison (2003)The economic implications of corporate financial reporting (2005)Estimating betas from nonsynchronous data (1977)Stock Returns, Real Activity, Inflation, and Money (1981)Market-Based Empirical Research in Accounting: A Review, Interpretation, and Extension (1982)Book-Tax Conformity: Implications for Multinational Firms (2006)The relation between R&D intensity and future market returns: does expensing versus capitalization matter? (2007)Commemorating the 50‐Year Anniversary of Ball and Brown (1968): The Evolution of Capital Market Research over the Past 50 Years (2019)Financing Constraints and Corporate Investment (1987)Financing Constraints and Corporate Investment (1988)Are Selling, General, and Administrative Costs “Sticky”? (2003)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Equilibrium in a Capital Asset Market (1966)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)Firm Characteristics, Unanticipated Inflation, and Stock Returns (1988)The Effect of Accounting Aggregation on the Value-Relevance of Financial Disclosures: The Case of SFAS No. 106. (1996)The logic of pension accounting (2009)Market reaction to the 1976 replacement cost disclosures (1980)On the IASB comprehensive income project: an analysis of the case for dual income display (2007)Hicksian Income in the Conceptual Framework (2010)Bank Differences in the Coordination of Regulatory Capital, Earnings, and Taxes (1995)Value-relevance of nonfinancial information: The wireless communications industry (1996)Capital markets research in accounting (2001)Is accounting information value-relevant in the emerging Chinese stock market? (2001)FAIR VALUE ACCOUNTING AND THE MANAGEMENT OF THE FIRM (2003)Environmental reporting management: a continental European perspective (2003)Customer Satisfaction and Stock Prices: High Returns, Low Risk (2005)Does environmental performance affect financial performance? A meta-analysis (2010)
this work references cited by second hop

References

  • 1994Accounting earnings and cash flows as measures of firm performance2,584 cited
  • 1993Fundamental Information Analysis1,084 cited
  • 1994Fair Value Accounting: Evidence from Investment Securities and the Market Valuation of Banks.654 cited
  • 1994Estimation and Market Valuation of Environmental Liabilities Relating to Superfund Sites387 cited
  • 1986An Empirical Investigation of Pension Fund Property Rights.266 cited
  • 1996THE RELATION BETWEEN ACCOUNTING GOODWILL NUMBERS AND EQUITY VALUES226 cited
  • 1992Disaggregated Accounting Data as Explanatory Variables for Returns184 cited
  • 1975Replacement Cost Accounting.101 cited
  • 1982The valuation of reported pension measures for firms sponsoring defined benefit plans77 cited
  • 1993Resolving LIFO Uncertainty: A Theoretical and Empirical Reexamination of 1974-75 LIFO Adoptions and Nonadoptions61 cited

Cited by

  • 2003Manipulation comptable:les dirigeants et les autres parties prenantes20 cited
  • 2012Amortized Cost for Operating Lease Assets19 cited

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