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Heterogeneous Investment Opportunities in Multiple-Segment Firms and the Incremental Value Relevance of Segment Accounting Data
16 references·10 citing·36 second hop
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this work references cited by second hop

References

  • 1977Determinants of corporate borrowing13,160 cited
  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1992The investment opportunity set and corporate financing, dividend, and compensation policies3,591 cited
  • 1995Diversification's effect on firm value3,069 cited
  • 1995The information content of losses2,315 cited
  • 1995Valuation and Clean Surplus Accounting for Operating and Financial Activities*2,224 cited
  • 2008Financial Accounting Standards Board (FASB)1,095 cited
  • 1998Relative valuation roles of equity book value and net income as a function of financial health897 cited
  • 1999Equity Valuation and Negative Earnings: The Role of Book Value of Equity745 cited
  • 1996Investor valuation of the abandonment option642 cited
  • 1997Earnings, adaptation and equity value.535 cited
  • 1996Uncertainty Resolution and the Theory of Depreciation Measurement459 cited
  • 1993The investment opportunity set and accounting procedure choice442 cited
  • 1999Accruals, Cash Flows, and Equity Values300 cited
  • 2000Accounting Information, Capital Investment Decisions, and Equity Valuation: Theory and Empirical Implications198 cited

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  • 2001When Capital Follows Profitability: Non-linear Residual Income Dynamics102 cited
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    • 2011Strategic revelation of differences in segment earnings growth40 cited
    • 2008Earnings and Equity Valuation in the Biotech Industry: Theory and Evidence40 cited
    • 2003Segment Disclosures, Proprietary Costs, and the Market for Corporate Control34 cited
    • 2007Segment Profitability, Misvaluation, and Corporate Divestment33 cited
    • 2014The relation between segment disclosure and earnings quality31 cited
    • 2012Managers Segment Financial Reporting Choice: An Analysis Of Firms Segment Reconciliations28 cited
    • 2013Valuation-Driven Profit Transfer Among Corporate Segments28 cited
    • 2004The Market Value Implications of Post‐Retirement Benefit Plans and Plan Surpluses — Canadian Evidence24 cited
    • 2014Internal Control Weakness and the Asymmetrical Behavior of Selling, General, and Administrative Costs20 cited
    • 2016The Effect of Aggregation of Accounting Information via Segment Reporting on Accounting Conservatism18 cited