SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
The association between earnings quality and the cost of equity capital: Evidence from the UK
16 references·16 citing·37 second hopsampled
The association between earnings quality and the cost of equity capital: Evidence from the UK (2016)The association between earnings quality …Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Understanding earnings qualit…International Financial Reporting Standards (IFRS): pros and cons for investors (2006)International Financial Repor…International Differences in the Cost of Equity Capital: Do Legal Institutions and Securities Regulation Matter? (2006)International Differences in …The market pricing of accruals quality (2005)The market pricing of accrual…Expected EPS and EPS Growth as Determinantsof Value (2005)Expected EPS and EPS Growth a…Accrual reliability, earnings persistence and stock prices (2005)Accrual reliability, earnings…PE Ratios, PEG Ratios, and Estimating the Implied Expected Rate of Return on Equity Capital (2004)PE Ratios, PEG Ratios, and Es…Information and the Cost of Capital (2004)Information and the Cost of C…Costs of Equity and Earnings Attributes (2004)Costs of Equity and Earnings …Earnings management and investor protection: an international comparison (2003)Earnings management and inves…The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors (2002)The Quality of Accruals and E…Discussion of the Quality of Accruals and Earnings: The Role of Accrual Estimation Errors (2002)Discussion of the Quality of …A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis (2002)A cross-firm analysis of the …The effect of international institutional factors on properties of accounting earnings (2000)The effect of international i…Dividend Policy under Asymmetric Information (1985)Dividend Policy under Asymmet…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Is enterprise digital transformation beneficial to shareholders? Insights from the cost of equity capital (2024)Is enterprise digital transfo…The relevance of non‐financial disclosure in influencing the cost of capital: Empirical evidence from the agri‐food sector (2022)The relevance of non‐financia…Financial reporting quality and dividend policy: New evidence from an international level (2022)Financial reporting quality a…The impact of financial instruments disclosures on the cost of equity capital (2021)The impact of financial instr…Real earnings management and stock returns: moderating role of cross-sectional effects (2021)Real earnings management and …Financial statement comparability, state ownership, and the cost of debt: Evidence from China (2021)Financial statement comparabi…Corporate social responsibility disclosure and financial reporting quality: Evidence from Gulf Cooperation Council countries (2021)Corporate social responsibili…Audit quality, accruals quality and the cost of equity in an emerging market: Evidence from Vietnam (2021)Audit quality, accruals quali…Accruals quality and the cost of debt: Evidence from Vietnam (2021)Accruals quality and the cost…Maximising international returns: Impact of IFRS on foreign direct investments (2020)Maximising international retu…Did mandatory IFRS adoption affect the cost of capital in Latin American countries? (2020)Did mandatory IFRS adoption a…Climate Risk and the Price of Audit Services: The Case of Drought (2020)Climate Risk and the Price of…The impact of earnings quality on the association between readability and cost of capital (2019)The impact of earnings qualit…The impact of corporate social and environmental practices on the cost of equity capital: UK evidence (2019)The impact of corporate socia…Accruals quality and the cost of debt: the European evidence (2019)Accruals quality and the cost…Idiosyncratic information and the cost of equity capital: A meta-analytic review of the literature (2018)Idiosyncratic information and…Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)How does financial reporting quality relate to investment efficiency? (2009)The Cross-Section of Expected Stock Returns (1992)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)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)Dividend Policy, Growth, and the Valuation of Shares (1961)Job Market Signaling (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Efficient Capital Markets: II (1991)An Empirical Evaluation of Accounting Income Numbers (1968)Legal Determinants of External Finance (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)A Survey of Corporate Governance (1997)Law and Finance (1998)Corporate Ownership Around the World (1999)The economic implications of corporate financial reporting (2005)International Accounting Standards and Accounting Quality (2008)Accounting earnings and cash flows as measures of firm performance (1994)A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)Errors in Estimating Accruals: Implications for Empirical Research (2002)A review of archival auditing research (2014)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Political connections and the cost of equity capital (2012)The relevance of environmental disclosures: Are such disclosures incrementally informative? (2013)Corporate social responsibility disclosure and the cost of equity capital: The roles of stakeholder orientation and financial transparency (2014)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Earnings Management During Import Relief Investigations (1991)A review of tax research (2010)The financial reporting environment: Review of the recent literature (2010)Continuous Auctions and Insider Trading (1985)Information Uncertainty and Stock Returns (2006)Liquidity and Asset Prices (2006)High idiosyncratic volatility and low returns: International and further U.S. evidence (2008)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 2003Earnings management and investor protection: an international comparison5,395 cited
  • 2002The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors5,163 cited
  • 2010Understanding earnings quality: A review of the proxies, their determinants and their consequences4,171 cited
  • 1985Dividend Policy under Asymmetric Information3,459 cited
  • 2000The effect of international institutional factors on properties of accounting earnings3,198 cited
  • 2005The market pricing of accruals quality3,101 cited
  • 2004Information and the Cost of Capital3,057 cited
  • 2004Costs of Equity and Earnings Attributes2,387 cited
  • 2004PE Ratios, PEG Ratios, and Estimating the Implied Expected Rate of Return on Equity Capital1,749 cited
  • 2002Discussion of the Quality of Accruals and Earnings: The Role of Accrual Estimation Errors1,615 cited
  • 2002A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis1,571 cited
  • 2005Accrual reliability, earnings persistence and stock prices1,495 cited
  • 2005Expected EPS and EPS Growth as Determinantsof Value1,414 cited
  • 2006International Differences in the Cost of Equity Capital: Do Legal Institutions and Securities Regulation Matter?

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

1,369 cited
  • 2006International Financial Reporting Standards (IFRS): pros and cons for investors1,273 cited
  • Cited by

    • 2024Is enterprise digital transformation beneficial to shareholders? Insights from the cost of equity capital70 cited
    • 2020Climate Risk and the Price of Audit Services: The Case of Drought63 cited
    • 2020Did mandatory IFRS adoption affect the cost of capital in Latin American countries?58 cited
    • 2019The impact of corporate social and environmental practices on the cost of equity capital: UK evidence50 cited
    • 2021Real earnings management and stock returns: moderating role of cross-sectional effects43 cited
    • 2019Accruals quality and the cost of debt: the European evidence40 cited
    • 2021Accruals quality and the cost of debt: Evidence from Vietnam37 cited
    • 2022The relevance of non‐financial disclosure in influencing the cost of capital: Empirical evidence from the agri‐food sector35 cited
    • 2021Corporate social responsibility disclosure and financial reporting quality: Evidence from Gulf Cooperation Council countries34 cited
    • 2021Financial statement comparability, state ownership, and the cost of debt: Evidence from China33 cited
    • 2022Financial reporting quality and dividend policy: New evidence from an international level33 cited
    • 2019The impact of earnings quality on the association between readability and cost of capital31 cited
    • 2020Maximising international returns: Impact of IFRS on foreign direct investments30 cited
    • 2021Audit quality, accruals quality and the cost of equity in an emerging market: Evidence from Vietnam30 cited
    • 2021The impact of financial instruments disclosures on the cost of equity capital20 cited
    • 2018Idiosyncratic information and the cost of equity capital: A meta-analytic review of the literature19 cited