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Market efficiency and accounting research: a discussion of ‘capital market research in accounting’ by S.P. Kothari
16 references·16 citing·26 second hopsampled
Market efficiency and accounting research: a discussion of ‘capital market research in accounting’ by S.P. Kothari (2001)Market efficiency and accounting research…Capital markets research in accounting (2001)Capital markets research in a…A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets (1999)A Unified Theory of Underreac…Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Psychology and Secur…A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.1 (1998)A model of investor sentiment…The Use of Knowledge in Society (1996)The Use of Knowledge in Socie…Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings? (1996)Do Stock Prices Fully Reflect…The Limits of Arbitrage (1995)The Limits of ArbitrageContrarian Investment, Extrapolation, and Risk (1994)Contrarian Investment, Extrap…Efficient Capital Markets: II (1991)Efficient Capital Markets: IINoise Trader Risk in Financial Markets (1990)Noise Trader Risk in Financia…Further Evidence On Investor Overreaction and Stock Market Seasonality (1987)Further Evidence On Investor …Does the Stock Market Overreact? (1985)Does the Stock Market Overrea…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…The Behavior of Stock-Market Prices (1965)The Behavior of Stock-Market …A model of investor sentiment /A model of investor sentiment…The Information Role of the Media in Earnings News (2021)The Information Role of the M…Non‐GAAP Earnings Disclosure in Loss Firms (2018)Non‐GAAP Earnings Disclosure …The internet as an information intermediary (2017)The internet as an informatio…Climate Change and Asset Prices: Are Corporate Carbon Disclosure and Performance Priced Appropriately? (2016)Climate Change and Asset Pric…Spreading the Word: Price Discovery and Newswire Dissemination of Management Earnings Guidance (2015)Spreading the Word: Price Dis…The Unintended Effect of Corporate Social Responsibility Performance on Investors' Estimates of Fundamental Value (2013)The Unintended Effect of Corp…Asymmetric Roles of Advertising and Marketing Capability in Financial Returns to News: Turning Bad into Good and Good into Great (2013)Asymmetric Roles of Advertisi…Going, Going, Gone? The Apparent Demise of the Accruals Anomaly (2011)Going, Going, Gone? The Appar…Are the Wall Street Analyst Rankings Popularity Contests? (2009)Are the Wall Street Analyst R…Implications of Transaction Costs for the Post–Earnings Announcement Drift (2008)Implications of Transaction C…Do Individual Investors Cause Post-Earnings Announcement Drift? Direct Evidence from Personal Trades (2008)Do Individual Investors Cause…In denial? Stock market underreaction to going-concern audit report disclosures (2004)In denial? Stock market under…How Do Earnings Numbers Relate to Stock Returns? A Review of Classic Accounting Research with Updated Evidence (2004)How Do Earnings Numbers Relat…Using Laboratory Experiments to Evaluate Accounting Policy Issues (2002)Using Laboratory Experiments …The 'Incomplete Revelation Hypothesis' and Financial Reporting (2002)The 'Incomplete Revelation Hy…Determinants of the Informativeness of Analyst Research (2002)Determinants of the Informati…The General Theory of Employment, Interest and Money. (1936)Continuous Auctions and Insider Trading (1985)Investor Sentiment and the Cross‐Section of Stock Returns (2006)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Portfolio Selection: Efficient Diversification of Investments (1959)Dividend Policy, Growth, and the Valuation of Shares (1961)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)Market Liquidity and Funding Liquidity (2008)Corporate financing and investment decisions when firms have information that investors do not have (1984)Common risk factors in the returns on stocks and bonds (1993)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)Judgment Under Uncertainty: Heuristics and Biases. (1984)Multifactor Explanations of Asset Pricing Anomalies (1996)Risk, Return, and Equilibrium: Empirical Tests (1973)Judgment under Uncertainty: Heuristics and Biases (1975)In Search of Attention (2011)Integración de los mercados financieros Latinoamericanos por medio de MILA (2020)Comparative Economic Organization: The Analysis of Discrete Structural Alternatives (1991)A Dynamic Theory of Organizational Knowledge Creation (1994)The New Institutional Economics: Taking Stock, Looking Ahead (2000)
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References

  • 1965The Behavior of Stock-Market Prices8,707 cited
  • 1985Does the Stock Market Overreact?7,569 cited
  • 1996The Use of Knowledge in Society6,434 cited
  • 1990Noise Trader Risk in Financial Markets6,259 cited
  • 1998Investor Psychology and Security Market Under‐ and Overreactions5,711 cited
  • 1991Efficient Capital Markets: II5,346 cited
  • 1995The Limits of Arbitrage5,282 cited
  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1994Contrarian Investment, Extrapolation, and Risk4,198 cited
  • n.d.A model of investor sentiment /4,073 cited
  • 1999A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets4,018 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 1998A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.12,865 cited
  • 1996Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings?2,636 cited

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2001
Capital markets research in accounting
2,575 cited
  • 1987Further Evidence On Investor Overreaction and Stock Market Seasonality2,374 cited
  • Cited by

    • 2013The Unintended Effect of Corporate Social Responsibility Performance on Investors' Estimates of Fundamental Value328 cited
    • 2011Going, Going, Gone? The Apparent Demise of the Accruals Anomaly240 cited
    • 2008Implications of Transaction Costs for the Post–Earnings Announcement Drift239 cited
    • 2008Do Individual Investors Cause Post-Earnings Announcement Drift? Direct Evidence from Personal Trades230 cited
    • 2004How Do Earnings Numbers Relate to Stock Returns? A Review of Classic Accounting Research with Updated Evidence219 cited
    • 2002Determinants of the Informativeness of Analyst Research201 cited
    • 2015Spreading the Word: Price Discovery and Newswire Dissemination of Management Earnings Guidance200 cited
    • 2002The 'Incomplete Revelation Hypothesis' and Financial Reporting166 cited
    • 2016Climate Change and Asset Prices: Are Corporate Carbon Disclosure and Performance Priced Appropriately?164 cited
    • 2018Non‐GAAP Earnings Disclosure in Loss Firms163 cited
    • 2017The internet as an information intermediary159 cited
    • 2009Are the Wall Street Analyst Rankings Popularity Contests?140 cited
    • 2021The Information Role of the Media in Earnings News136 cited
    • 2004In denial? Stock market underreaction to going-concern audit report disclosures135 cited
    • 2002Using Laboratory Experiments to Evaluate Accounting Policy Issues130 cited
    • 2013Asymmetric Roles of Advertising and Marketing Capability in Financial Returns to News: Turning Bad into Good and Good into Great130 cited