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A test of the market's mispricing of domestic and foreign earnings

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  • Thomas, Wayne B.

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  • Thomas, Wayne B., 1999. "A test of the market's mispricing of domestic and foreign earnings," Journal of Accounting and Economics, Elsevier, vol. 28(3), pages 243-267, December.
    • Handle: RePEc:eee:jaecon:v:28:y:1999:i:3:p:243-267
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    References listed on IDEAS

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    1. Skinner, Dj, 1994. "Why Firms Voluntarily Disclose Bad-News," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 32(1), pages 38-60.
    2. Bernard, Victor L. & Thomas, Jacob K., 1990. "Evidence that stock prices do not fully reflect the implications of current earnings for future earnings," Journal of Accounting and Economics, Elsevier, vol. 13(4), pages 305-340, December.
    3. Bernard, Vl & Thomas, Jk, 1989. "Post-Earnings-Announcement Drift - Delayed Price Response Or Risk Premium," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 27, pages 1-36.
    4. Bodnar, Gordon M. & Weintrop, Joseph, 1997. "The valuation of the foreign income of US multinational firms: a growth opportunities perspective," Journal of Accounting and Economics, Elsevier, vol. 24(1), pages 69-97, December.
    5. Carhart, Mark M, 1997. "On Persistence in Mutual Fund Performance," Journal of Finance, American Finance Association, vol. 52(1), pages 57-82, March.
    6. Jegadeesh, Narasimhan, 1990. "Evidence of Predictable Behavior of Security Returns," Journal of Finance, American Finance Association, vol. 45(3), pages 881-898, July.
    7. Daniel, Kent, et al, 1997. "Measuring Mutual Fund Performance with Characteristic-Based Benchmarks," Journal of Finance, American Finance Association, vol. 52(3), pages 1035-1058, July.
    8. Lev, B & Thiagarajan, Sr, 1993. "Fundamental Information Analysis," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 31(2), pages 190-215.
    9. Boatsman, Jr & Behn, Bk & Patz, Dh, 1993. "A Test Of The Use Of Geographical Segment Disclosures," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 31, pages 46-64.
    10. Holthausen, Rw & Verrecchia, Re, 1988. "The Effect Of Sequential Information Releases On The Variance Of Price Changes In An Intertemporal Multi-Asset Market," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 26(1), pages 82-106.
    11. Ball, Ray, 1992. "The earnings-price anomaly," Journal of Accounting and Economics, Elsevier, vol. 15(2-3), pages 319-345, August.
    12. Balakrishnan, R & Harris, Ts & Sen, Pk, 1990. "The Predictive Ability Of Geographic Segment Disclosures," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 28(2), pages 305-325.
    13. Victor L. Bernard & Jacob K. Thomas & Jeffery S. Abarbanell, 1993. "How Sophisticated Is The Market In Interpreting Earnings News?," Journal of Applied Corporate Finance, Morgan Stanley, vol. 6(2), pages 54-63, June.
    14. Ou, Jane A. & Penman, Stephen H., 1989. "Financial statement analysis and the prediction of stock returns," Journal of Accounting and Economics, Elsevier, vol. 11(4), pages 295-329, November.
    15. Fama, Eugene F. & French, Kenneth R., 1993. "Common risk factors in the returns on stocks and bonds," Journal of Financial Economics, Elsevier, vol. 33(1), pages 3-56, February.
    16. Stober, Thomas L., 1992. "Summary financial statement measures and analysts' forecasts of earnings," Journal of Accounting and Economics, Elsevier, vol. 15(2-3), pages 347-372, August.
    17. Chambers, Ae & Penman, Sh, 1984. "Timeliness Of Reporting And The Stock-Price Reaction To Earnings Announcements," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 22(1), pages 21-47.
    18. Abarbanell, JS & Bushee, BJ, 1997. "Fundamental analysis, future earnings, and stock prices," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 35(1), pages 1-24.
    19. Fama, Eugene F & MacBeth, James D, 1973. "Risk, Return, and Equilibrium: Empirical Tests," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 607-636, May-June.
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