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Opportunities Knocking: Residual Income Valuation of an Adaptive Firm
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References

  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1989Recursive Methods in Economic Dynamics3,065 cited
  • 1995The information content of losses2,315 cited
  • 1995Valuation and Clean Surplus Accounting for Operating and Financial Activities*2,224 cited
  • 1991Continuous-Time Finance.1,788 cited
  • 1970Economics of Information and Job Search1,249 cited
  • 1971Increasing risk II: Its economic consequences1,082 cited
  • 1998Relative valuation roles of equity book value and net income as a function of financial health897 cited
  • 1991Continuous-Time Finance.647 cited
  • 1996Investor valuation of the abandonment option642 cited
  • 1998Investment Opportunities as Real Options: Getting Started on the Numbers532 cited
  • 1988The Modigliani-Miller Propositions After Thirty Years417 cited
  • 1999Residual Earnings Valuation With Risk and Stochastic Interest Rates222 cited
  • 1996Going‐Concern Status, Earnings Persistence, and Informativeness of Earnings*148 cited
  • 1998Accrual Accounting and Equity Valuation104 cited
  • 1997The Effect of Limited Liability on the Market Response to Disclosure*

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  • 2009The Value Relevance of Book Values, Earnings and Cash Flows: Evidence from Korea43 cited
  • 2001Discussion of “Earnings, Book Values, and Dividends in Equity Valuation: An Empirical Perspective”38 cited
  • 2011An Examination of the Incremental Usefulness of Balance-Sheet Information Beyond Earnings in Explaining Stock Returns24 cited