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The Relevance of Quantifiable Audit Qualifications in the Valuation of IPOs
16 references·3 citing·38 second hop
The Relevance of Quantifiable Audit Qualifications in the Valuation of IPOs (2006)The Relevance of Quantifiable Audit Quali…Financial statement analysis and security valuation (2013)Financial statement analysis …The relevance of the value-relevance literature for financial accounting standard setting (2001)The relevance of the value-re…Capital markets research in accounting (2001)Capital markets research in a…An empirical assessment of the residual income valuation model (1999)An empirical assessment of th…Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks (1998)Underwriter Reputation, Initi…Are Accruals during Initial Public Offerings Opportunistic? (1998)Are Accruals during Initial P…Fundamental Analysis, Future Earnings, and Stock Prices (1997)Fundamental Analysis, Future …Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings? (1996)Do Stock Prices Fully Reflect…Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Valuation and Clean Surplus A…Earnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…The Long‐Run Performance of initial Public Offerings (1991)The Long‐Run Performance of i…Initial Public Offerings and Underwriter Reputation (1990)Initial Public Offerings and …How investment bankers determine the offer price and allocation of new issues (1989)How investment bankers determ…Investment banking, reputation, and the underpricing of initial public offerings (1986)Investment banking, reputatio…Informational Asymmetries, Financial Structure, and Financial Intermediation (1977)Informational Asymmetries, Fi…INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)INFORMATIONAL ASYMMETRIES, FI…Management earnings forecasts and IPO performance: evidence of a regime change (2016)Management earnings forecasts…Consequences of Changing the Auditor's Report: Evidence from the U.K. (2016)Consequences of Changing the …Audit pricing, quality of earnings and board independence: The case of the Athens stock exchange (2010)Audit pricing, quality of ear…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Role of Market Forces in Assuring Contractual Performance (1981)Why new issues are underpriced (1986)Theory of Rational Option Pricing (1973)MEDIA LEGITIMATION EFFECTS IN THE MARKET FOR INITIAL PUBLIC OFFERINGS. (2003)Why Has IPO Underpricing Changed Over Time (2004)Theory of rational option pricing (2005)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Theory and Measurement of Business Income (1961)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Toward an Implied Cost of Capital (2001)Expected EPS and EPS Growth as Determinantsof Value (2005)The cost of capital, corporation finance and the theory of investment (2008)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Does the Stock Market Overreact? (1985)INITIAL PUBLIC OFFERINGS (1988)Event Studies in Economics and Finance (1997)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Job Market Signaling (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Financial Intermediation and Delegated Monitoring (1984)Judgment under Uncertainty: Heuristics and Biases (1974)Common risk factors in the returns on stocks and bonds (1993)Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance. (2007)Driven to Distraction: Extraneous Events and Underreaction to Earnings News (2009)Investor Inattention and Friday Earnings Announcements (2009)The economic implications of corporate financial reporting (2005)The market pricing of accruals quality (2005)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)A Review of IPO Activity, Pricing, and Allocations (2002)Whom You Know Matters: Venture Capital Networks and Investment Performance (2007)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Economic Consequences of Legal Origins (2008)
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References

  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1977INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION4,056 cited
  • 1977Informational Asymmetries, Financial Structure, and Financial Intermediation3,772 cited
  • 1991The Long‐Run Performance of initial Public Offerings3,500 cited
  • 1996Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings?2,636 cited
  • 1986Investment banking, reputation, and the underpricing of initial public offerings2,581 cited
  • 2001Capital markets research in accounting2,575 cited
  • 1990Initial Public Offerings and Underwriter Reputation2,442 cited
  • 1995Valuation and Clean Surplus Accounting for Operating and Financial Activities*2,224 cited
  • 1989How investment bankers determine the offer price and allocation of new issues1,815 cited
  • 2001The relevance of the value-relevance literature for financial accounting standard setting1,741 cited
  • 1998Underwriter Reputation, Initial Returns, and the Long‐Run Performance of IPO Stocks1,510 cited
  • 2013Financial statement analysis and security valuation1,250 cited
  • 1999An empirical assessment of the residual income valuation model918 cited
  • 1997

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Fundamental Analysis, Future Earnings, and Stock Prices
862 cited
  • 1998Are Accruals during Initial Public Offerings Opportunistic?726 cited
  • Cited by

    • 2016Management earnings forecasts and IPO performance: evidence of a regime change31 cited
    • 2010Audit pricing, quality of earnings and board independence: The case of the Athens stock exchange27 cited
    • 2016Consequences of Changing the Auditor's Report: Evidence from the U.K.22 cited