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A review of the impact of Ball and Brown (1968) on research in the Asia-Pacific Basin

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  • Clinch, Greg
  • Lyon, John D.
  • Pinnuck, Matt

Abstract

•We assess the impact of Ball and Brown (1968) (hereafter BB68) on Australian Accounting and Finance research in the last 50 years.•We use citation analysis based on four Australian journals and one US journal, the Journal of Accounting Research.•We contrast BB68 with Beaver (1968) since both a papers are on similar topics and appeared in the Journal of Accounting Research in the same year.•Based on citation analysis we find that BB68 is more influential than Beaver (1968) both in Australia and in the US but that the impact across the decades has differed between Australia and the US.•We also find that papers citing BB68 as opposed to Beaver (1968) in Australian journals are significantly more influential than a randomly matched paper appearing at the same time and in the same journal.•We undertake qualitative analyses to investigate the impact of BB68 on empirical method in Australia, the research questions in both Accounting and Finance, the impact by Australasian region together with evolution of Australian financial market databases.•Our evidence indicates that the level of impact of BB68 shows no evidence of declining.

Suggested Citation

  • Clinch, Greg & Lyon, John D. & Pinnuck, Matt, 2019. "A review of the impact of Ball and Brown (1968) on research in the Asia-Pacific Basin," Pacific-Basin Finance Journal, Elsevier, vol. 53(C), pages 268-277.
    • Handle: RePEc:eee:pacfin:v:53:y:2019:i:c:p:268-277
    DOI: 10.1016/j.pacfin.2018.11.004
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    References listed on IDEAS

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    1. Liu, Wai-Man & Sawyer, K. R., 2003. "How free are free trading options?," Pacific-Basin Finance Journal, Elsevier, vol. 11(5), pages 573-591, November.
    2. Tan, Ruth S. K. & Chng, P. L. & Tong, Y. H., 2002. "Private placements and rights issues in Singapore," Pacific-Basin Finance Journal, Elsevier, vol. 10(1), pages 29-54, January.
    3. James A. Ohlson, 1978. "On the Theory of Residual Analyses and Abnormal Performance Metrics," Australian Journal of Management, Australian School of Business, vol. 3(2), pages 175-193, October.
    4. Ball, R & Brown, P, 1968. "Empirical Evaluation Of Accounting Income Numbers," Journal of Accounting Research, Wiley Blackwell, vol. 6(2), pages 159-178.
    5. Philip Brown & Frank J. Finn & Phillip Hancock, 1977. "Dividend Changes, Earnings Reports, And Share Prices: Some Australian Findings," Australian Journal of Management, Australian School of Business, vol. 2(2), pages 127-147, October.
    6. Corrado, Charles J. & Truong, Cameron, 2008. "Conducting event studies with Asia-Pacific security market data," Pacific-Basin Finance Journal, Elsevier, vol. 16(5), pages 493-521, November.
    7. James C. Dyer IV & Gary R. Keating, 1977. "On The Question of Seasonal Regularities in Australian Capital Markets," Australian Journal of Management, Australian School of Business, vol. 2(1), pages 1-10, April.
    8. Mak, Y.T. & Kusnadi, Yuanto, 2005. "Size really matters: Further evidence on the negative relationship between board size and firm value," Pacific-Basin Finance Journal, Elsevier, vol. 13(3), pages 301-318, June.
    9. Fama, Eugene F, et al, 1969. "The Adjustment of Stock Prices to New Information," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 10(1), pages 1-21, February.
    10. Ross L. Watts, 1977. "Corporate Financial Statements, A Product of the Market and Political Processes," Australian Journal of Management, Australian School of Business, vol. 2(1), pages 53-75, April.
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    Cited by:

    1. Fargher, Neil & Wee, Marvin, 2019. "The impact of Ball and Brown (1968) on generations of research," Pacific-Basin Finance Journal, Elsevier, vol. 54(C), pages 55-72.
    2. Aman, Hiroyuki & Beekes, Wendy & Berkman, Henk & Bohmann, Marc & Bradbury, Michael & Chapple, Larelle & Chang, Millicent & Clout, Victoria & Faff, Robert & Han, Jianlei & Hillier, David & Hodgson, All, 2019. "Responsible science: Celebrating the 50-year legacy of Ball and Brown (1968) using a registration-based framework," Pacific-Basin Finance Journal, Elsevier, vol. 56(C), pages 129-150.

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