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Accounting valuation, market expectation, and cross-sectional stock returns

Citations

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Cited by:

  1. Gordon Richardson & Surjit Tinaikar, 2004. "Accounting based valuation models: what have we learned?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 44(2), pages 223-255, July.
  2. Zuriadah Ismail & Mohd Nazir Md Zabit & Mohamad Ali Roshidi Ahmad & Anuar Sarun & Sharul Effendy Janudin, 2017. "The Effect of Switching Business Focus on Share Returns Predictability," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(12), pages 25-38, December.
  3. Frederico Belo & Chen Xue & Lu Zhang, 2010. "Cross-sectional Tobin's Q," NBER Working Papers 16336, National Bureau of Economic Research, Inc.
  4. So, Eric C., 2013. "A new approach to predicting analyst forecast errors: Do investors overweight analyst forecasts?," Journal of Financial Economics, Elsevier, vol. 108(3), pages 615-640.
  5. Da, Zhi & Warachka, Mitchell Craig, 2009. "Cashflow risk, systematic earnings revisions, and the cross-section of stock returns," Journal of Financial Economics, Elsevier, vol. 94(3), pages 448-468, December.
  6. Christian Bach & Peter O. Christensen, 2016. "Consumption-based equity valuation," Review of Accounting Studies, Springer, vol. 21(4), pages 1149-1202, December.
  7. Magni, Carlo Alberto, 2009. "Splitting up value: A critical review of residual income theories," European Journal of Operational Research, Elsevier, vol. 198(1), pages 1-22, October.
  8. Stina Skogsvik & Kenth Skogsvik, 2010. "Accounting‐Based Probabilistic Prediction of ROE, the Residual Income Valuation Model and the Assessment of Mispricing in the Swedish Stock Market," Abacus, Accounting Foundation, University of Sydney, vol. 46(4), pages 387-418, December.
  9. Anesten, Sebastian & Möller, Niclas & Skogsvik, Kenth, 2015. "The Accuracy of Parsimonious Equity Valuation Models - Empirical tests of the Dividend Discount, Residual Income and Abnormal Earnings Growth model," SSE Working Paper Series in Business Administration 2015:3, Stockholm School of Economics.
  10. Jack Stecher & Mark Atten, 2015. "Using Brouwer’s continuity principle to pick stocks," Annals of Operations Research, Springer, vol. 225(1), pages 161-171, February.
  11. Barth, Mary E. & Beaver, William H. & Landsman, Wayne R., 2001. "The relevance of the value relevance literature for financial accounting standard setting: another view," Journal of Accounting and Economics, Elsevier, vol. 31(1-3), pages 77-104, September.
  12. Hou, Kewei & Xue, Chen & Zhang, Lu, 2012. "Digesting Anomalies: An Investment Approach," Working Paper Series 2012-21, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
  13. Jia Chen & Kewei Hou & René M. Stulz, 2015. "Are Firms in "Boring" Industries Worth Less?," NBER Working Papers 20880, National Bureau of Economic Research, Inc.
  14. Avanidhar Subrahmanyam, 2010. "The Cross†Section of Expected Stock Returns: What Have We Learnt from the Past Twenty†Five Years of Research?," European Financial Management, European Financial Management Association, vol. 16(1), pages 27-42, January.
  15. Pathiranage, Nandana P.W. & Jubb, Christine A., 2018. "Does IFRS make analysts more efficient in using fundamental information included in financial statements?," Journal of Contemporary Accounting and Economics, Elsevier, vol. 14(3), pages 373-385.
  16. I-Cheng Yeh & Che-hui Lien, 2017. "Growth and value hybrid valuation model based on mean reversion," Applied Economics, Taylor & Francis Journals, vol. 49(50), pages 5092-5116, October.
  17. Fabrizio Mattesini & Leonardo Becchetti, 2009. "The stock market and the Fed," Applied Financial Economics, Taylor & Francis Journals, vol. 19(2), pages 99-110.
  18. Lambert, David & Matolcsy, Zoltan & Wyatt, Anne, 2015. "Analysts' earnings forecasts and technological conditions in the firm's investment environment," Journal of Contemporary Accounting and Economics, Elsevier, vol. 11(2), pages 104-120.
  19. Weizhong Jiang & Xi Xie, 2016. "Stock Fundamentals Model Based on Genetic Algorithm-Rough Set," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 6(1), pages 206-218, March.
  20. Corredor, Pilar & Ferrer, Elena & Santamaria, Rafael, 2019. "The role of sentiment and stock characteristics in the translation of analysts’ forecasts into recommendations," The North American Journal of Economics and Finance, Elsevier, vol. 49(C), pages 252-272.
  21. Chia-Ling Chao & Shwu-Min Horng, 2013. "Asset write-offs discretion and accruals management in Taiwan: the role of corporate governance," Review of Quantitative Finance and Accounting, Springer, vol. 40(1), pages 41-74, January.
  22. Michael Lacina & Byung Ro, 2013. "Market implied future earnings and analysts’ forecasts," Review of Quantitative Finance and Accounting, Springer, vol. 41(2), pages 295-341, August.
  23. Paul J. Coram, 2010. "The effect of investor sophistication on the influence of nonfinancial performance indicators on investors’ judgments," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 50(2), pages 263-280, June.
  24. Ja Ryong Kim, 2019. "A Comparison of Equity Valuation Models: Empirical Evidence from a Sample of UK Companies," European Journal of Multidisciplinary Studies Articles, European Center for Science Education and Research, vol. 4, EJMS May .
  25. Anolli, Mario & Beccalli, Elena & Molyneux, Philip, 2014. "Bank earnings forecasts, risk and the crisis," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 29(C), pages 309-335.
  26. Kothari, S. P., 2001. "Capital markets research in accounting," Journal of Accounting and Economics, Elsevier, vol. 31(1-3), pages 105-231, September.
  27. repec:bor:iserev:v:13:y:2013:i:49:p:1-18 is not listed on IDEAS
  28. Krauss, Christopher & Krüger, Tom & Beerstecher, Daniel, 2015. "The Piotroski F-Score: A fundamental value strategy revisited from an investor's perspective," FAU Discussion Papers in Economics 13/2015, Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics.
  29. Shih-Cheng Lee & Chien-Ting Lin & Min-Teh Yu, 2013. "A fractional cointegration approach to testing the Ohlson accounting based valuation model," Review of Quantitative Finance and Accounting, Springer, vol. 41(3), pages 535-547, October.
  30. Leonardo Becchetti & Roberto Rocci & Giovanni Trovato, 2007. "Industry and time specific deviations from fundamental values in a random coefficient model," Annals of Finance, Springer, vol. 3(2), pages 257-276, March.
  31. Daniel Giamouridis & Chris Montagu, 2014. "The Sophisticated and the Simple: The Profitability of Contrarian Strategies from a Portfolio Manager's Perspective," European Financial Management, European Financial Management Association, vol. 20(1), pages 152-178, January.
  32. Elliott, William B. & Koeter-Kant, Johanna & Warr, Richard S., 2007. "A valuation-based test of market timing," Journal of Corporate Finance, Elsevier, vol. 13(1), pages 112-128, March.
  33. Clifford S. Asness & Andrea Frazzini & Lasse Heje Pedersen, 2019. "Quality minus junk," Review of Accounting Studies, Springer, vol. 24(1), pages 34-112, March.
  34. Tswei, Keshin, 2013. "Is transaction price more value relevant compared to accounting information? An investigation of a time-series approach," Pacific-Basin Finance Journal, Elsevier, vol. 21(1), pages 1062-1078.
  35. Balakrishnan, Karthik & Vashishtha, Rahul & Verrecchia, Robert E., 2019. "Foreign competition for shares and the pricing of information asymmetry: Evidence from equity market liberalization," Journal of Accounting and Economics, Elsevier, vol. 67(1), pages 80-97.
  36. Lu Zhang, 2019. "Q-factors and Investment CAPM," NBER Working Papers 26538, National Bureau of Economic Research, Inc.
  37. Laih, Yih-Wenn & Lai, Hung-Neng & Li, Chun-An, 2015. "Analyst valuation and corporate value discovery," International Review of Economics & Finance, Elsevier, vol. 35(C), pages 235-248.
  38. Hung-Chao Yu & Wen-Ying Wang & Chingfu Chang, 2015. "The stock market valuation of intellectual capital in the IT industry," Review of Quantitative Finance and Accounting, Springer, vol. 45(2), pages 279-304, August.
  39. Hatice Dogukanli & Gamze Vural & Bahadir Ergun, 2012. "Using Various Portfolio Formation and Test Periods: An Examination of Overreaction in ISE," Istanbul Stock Exchange Review, Research and Business Development Department, Borsa Istanbul, vol. 13(49), pages 1-18.
  40. Bonaimé, Alice Adams & Öztekin, Özde & Warr, Richard S., 2014. "Capital structure, equity mispricing, and stock repurchases," Journal of Corporate Finance, Elsevier, vol. 26(C), pages 182-200.
  41. Asher Curtis & Neil L. Fargher, 2014. "Does Short Selling Amplify Price Declines or Align Stocks with Their Fundamental Values?," Management Science, INFORMS, vol. 60(9), pages 2324-2340, September.
  42. Kewei Hou & Haitao Mo & Chen Xue & Lu Zhang, 2019. "Security Analysis: An Investment Perspective," NBER Working Papers 26060, National Bureau of Economic Research, Inc.
  43. Dichev, Ilia D. & Tang, Vicki Wei, 2009. "Earnings volatility and earnings predictability," Journal of Accounting and Economics, Elsevier, vol. 47(1-2), pages 160-181, March.
  44. Borja Amor-Tapia & Maria T. Tascon, 2016. "Separating Winners from Losers: Composite Indicators Based on Fundamentals in the European Context," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 66(1), pages 70-94, February.
  45. Hou, Kewei & Xue, Chen & Zhang, Lu, 2017. "Replicating Anomalies," Working Paper Series 2017-10, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
  46. Alexander Nekrasov, 2016. "Equity Value as a Function of (eps1, eps2, dps1, bvps, beta): Concepts and Realities. Discussion of Ohlson and Johannesson," Abacus, Accounting Foundation, University of Sydney, vol. 52(1), pages 100-105, March.
  47. Gishan Dissanaike & Kim†Hwa Lim, 2010. "The Sophisticated and the Simple: the Profitability of Contrarian Strategies," European Financial Management, European Financial Management Association, vol. 16(2), pages 229-255, March.
  48. Norio Kitagawa & Akinobu Shuto, 2013. "Credibility of Management Earnings Forecasts and Future Returns," Discussion Paper Series DP2013-30, Research Institute for Economics & Business Administration, Kobe University.
  49. Shraddha Mishra & Raj Kumar, 2016. "Investigation of overvalued and undervalued stocks: the case of BSE Sensex," International Journal of Business Excellence, Inderscience Enterprises Ltd, vol. 10(2), pages 177-189.
  50. César Medeiros Cupertino & Paulo Roberto Barbosa Lustosa, 2004. "Ohlson Model Testability:Empirical Tests Findings," Brazilian Business Review, Fucape Business School, vol. 1(2), pages 136-150, June.
  51. James Ohlson & Erik Johannesson, 2016. "Equity Value as a Function of (eps1, eps2, dps1, bvps, beta): Concepts and Realities," Abacus, Accounting Foundation, University of Sydney, vol. 52(1), pages 70-99, March.
  52. Clout, Victoria J. & Willett, Roger J., 2016. "Earnings in firm valuation and their value relevance," Journal of Contemporary Accounting and Economics, Elsevier, vol. 12(3), pages 223-240.
  53. Iuliia Brushko, 2013. "Financial Signaling and Earnings Forecasts," CERGE-EI Working Papers wp498, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
  54. Lan, Chunhua & Moneta, Fabio & Wermers, Russ, 2015. "Mutual fund investment horizon and performance," CFR Working Papers 15-06, University of Cologne, Centre for Financial Research (CFR).
  55. Bekir Elmas, 2012. "Efficiency and Limited Arbitrage in the Stock Markets:Evidences from ISE," Istanbul Stock Exchange Review, Research and Business Development Department, Borsa Istanbul, vol. 13(49), pages 39-58.
  56. Khaled Aljifri & Hafiz Imtiaz Ahmad, 2019. "Preferred Valuation Techniques in the UAE: A Comparative Study of Financial and Nonfinancial Sectors," International Journal of Economics and Financial Issues, Econjournals, vol. 9(1), pages 51-59.
  57. Lucie Courteau & Jennifer L. Kao & Yao Tian, 2013. "Does Accrual Management Impair the Performance of Earnings-Based Valuation Models?," BEMPS - Bozen Economics & Management Paper Series BEMPS12, Faculty of Economics and Management at the Free University of Bozen.
  58. Son, Byung-Gak & Sodhi, ManMohan & Kocabasoglu-Hillmer, Canan & Lee, Tae-Hee, 2016. "Supply chain information in analyst reports on publicly traded companies," International Journal of Production Economics, Elsevier, vol. 171(P3), pages 350-360.
  59. Begoña Giner & Raul Iñiguez, 2006. "An empirical assessment of the Feltham-Ohlson models considering the sign of abnormal earnings," Accounting and Business Research, Taylor & Francis Journals, vol. 36(3), pages 169-190.
  60. Kothari, S. P. & Sabino, Jowell S. & Zach, Tzachi, 2005. "Implications of survival and data trimming for tests of market efficiency," Journal of Accounting and Economics, Elsevier, vol. 39(1), pages 129-161, February.
  61. Volkov, Dmitry L. & Berezinets, Irina V., 2007. "Accounting-based valuations and market prices of equity: Case of Russian market," Working Papers 790, Graduate School of Management, St. Petersburg State University.
  62. Zhang, Xiao-Jun, 2000. "Conservative accounting and equity valuation," Journal of Accounting and Economics, Elsevier, vol. 29(1), pages 125-149, February.
  63. Christos Alexakis & Theophano Patra & Sunil Poshakwale, 2010. "Predictability of stock returns using financial statement information: evidence on semi-strong efficiency of emerging Greek stock market," Applied Financial Economics, Taylor & Francis Journals, vol. 20(16), pages 1321-1326.
  64. Lv, Dayong & Wu, Wenfeng, 2019. "Margin-trading volatility and stock price crash risk," Pacific-Basin Finance Journal, Elsevier, vol. 56(C), pages 179-196.
  65. Hu, Shing-yang & Lin, Yueh-Hsiang & Lai, Christine W., 2016. "The effect of overvaluation on investment and accruals: The role of information," Journal of Empirical Finance, Elsevier, vol. 38(PA), pages 181-201.
  66. Pantzalis, Christos & Park, Jung Chul, 2009. "Equity market valuation of human capital and stock returns," Journal of Banking & Finance, Elsevier, vol. 33(9), pages 1610-1623, September.
  67. Feng Chen & Bjorn Jorgensen & Yong Yoo, 2004. "Implied cost of equity capital in earnings-based valuation: international evidence," Accounting and Business Research, Taylor & Francis Journals, vol. 34(4), pages 323-344.
  68. Erica X. N. Li & Dmitry Livdan & Lu Zhang, 2009. "Anomalies," Review of Financial Studies, Society for Financial Studies, vol. 22(11), pages 4301-4334, November.
  69. Sam Agyei‐Ampomah, 2007. "The Post‐Cost Profitability of Momentum Trading Strategies: Further Evidence from the UK," European Financial Management, European Financial Management Association, vol. 13(4), pages 776-802, September.
  70. Ma, Qingzhong & Whidbee, David A. & Zhang, Athena Wei, 2011. "Value, valuation, and the long-run performance of merged firms," Journal of Corporate Finance, Elsevier, vol. 17(1), pages 1-17, February.
  71. Crawley, Michael & Wahlen, James, 2014. "Analytics in empirical/archival financial accounting research," Business Horizons, Elsevier, vol. 57(5), pages 583-593.
  72. Ja Ryong Kim, 2019. "Industry Leader Premium," European Journal of Multidisciplinary Studies Articles, European Center for Science Education and Research, vol. 4, EJMS May .
  73. Saad, Mohsen & Samet, Anis, 2017. "Liquidity and the implied cost of equity capital," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 51(C), pages 15-38.
  74. Helena Isidro & John O’Hanlon & Steven Young, 2006. "Dirty surplus accounting flows and valuation errors," Abacus, Accounting Foundation, University of Sydney, vol. 42(3‐4), pages 302-344, September.
  75. Paul Guest & Magnus Bild & Mikael Runsten, 2010. "The effect of takeovers on the fundamental value of acquirers," Accounting and Business Research, Taylor & Francis Journals, vol. 40(4), pages 333-352.
  76. Susan Albring & Monica Banyi & Dan Dhaliwal & Raynolde Pereira, 2016. "Does the Firm Information Environment Influence Financing Decisions? A Test Using Disclosure Regulation," Management Science, INFORMS, vol. 62(2), pages 456-478, February.
  77. Ramnath, Sundaresh & Rock, Steve & Shane, Philip, 2008. "The financial analyst forecasting literature: A taxonomy with suggestions for further research," International Journal of Forecasting, Elsevier, vol. 24(1), pages 34-75.
  78. Alan Gregory & Walid Saleh & Jon Tucker, 2005. "A UK Test of an Inflation-Adjusted Ohlson Model," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 32(3-4), pages 487-534.
  79. Prezas, Alexandros P. & Simonyan, Karen, 2015. "Corporate divestitures: Spin-offs vs. sell-offs," Journal of Corporate Finance, Elsevier, vol. 34(C), pages 83-107.
  80. Ding, Xiaoya (Sara) & Ni, Yang & Rahman, Abdul & Saadi, Samir, 2015. "Housing price growth and the cost of equity capital," Journal of Banking & Finance, Elsevier, vol. 61(C), pages 283-300.
  81. repec:bor:iserev:v:13:y:2013:i:49:p:39-58 is not listed on IDEAS
  82. Norio Kitagawa & Akinobu Shuto, 2015. "Credibility of management earnings forecasts and future returns," CARF F-Series CARF-F-367, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
  83. Charles E. Hyde, 2018. "The Piotroski F†score: evidence from Australia," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 58(2), pages 423-444, June.
  84. Hou, Kewei & Mo, Haitao & Xue, Chen & Zhang, Lu, 2017. "The Economics of Value Investing," Working Paper Series 2017-16, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
  85. Joni Kokkonen & Matti Suominen, 2015. "Hedge Funds and Stock Market Efficiency," Management Science, INFORMS, vol. 61(12), pages 2890-2904, December.
  86. Pedro Verga Matos & Miguel Coelho, 2016. "Short-Termism In Euronext Lisbon: An Empirical Analysis," Portuguese Journal of Management Studies, ISEG, Universidade de Lisboa, vol. 21(1), pages 49-76.
  87. Lin, Wen-Chun & Chang, Shao-Chi & Chen, Sheng-Syan & Liao, Tsai-Ling, 2013. "The over-optimism of financial analysts and the long-run performance of firms following private placements of equity," Finance Research Letters, Elsevier, vol. 10(2), pages 82-92.
  88. David Hirshleifer, 2001. "Investor Psychology and Asset Pricing," Journal of Finance, American Finance Association, vol. 56(4), pages 1533-1597, August.
  89. Loh, Roger & Mian, G. Mujtaba, 2005. "Do Accurate Earnings Forecasts Facilitate Superior Investment Recommendations?," Working Paper Series 2004-17, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
  90. Fama, Eugene F. & French, Kenneth R., 2006. "Profitability, investment and average returns," Journal of Financial Economics, Elsevier, vol. 82(3), pages 491-518, December.
  91. Peek, E., 2011. "The Value of Accounting," ERIM Inaugural Address Series Research in Management EIA-2011-048-F&A, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam..
  92. Blacconiere, Walter G. & Johnson, Marilyn F. & Johnson, Mark S., 2000. "Market valuation and deregulation of electric utilities," Journal of Accounting and Economics, Elsevier, vol. 29(2), pages 231-260, April.
  93. William D. Brown, Jr & Ray J. Pfeiffer, Jr, 2008. "Do Investors Under-React to Information in Analysts' Earnings Forecasts?," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 35(7-8), pages 889-911.
  94. Ivanov, Vladimir & Joseph, Kissan & Wintoki, M. Babajide, 2013. "Disentangling the market value of customer satisfaction: Evidence from market reaction to the unanticipated component of ACSI announcements," International Journal of Research in Marketing, Elsevier, vol. 30(2), pages 168-178.
  95. Gikas Hardouvelis & George Papanastasopoulos & Dimitrios D. Thomakos & Tao Wang, 2007. "Accruals, Net Stock Issues and Value-Glamour Anomalies: New Evidence on their Relation," Working Paper series 47_07, Rimini Centre for Economic Analysis.
  96. Da, Zhi & Warachka, Mitch, 2011. "The disparity between long-term and short-term forecasted earnings growth," Journal of Financial Economics, Elsevier, vol. 100(2), pages 424-442, May.
  97. Lin, J. Barry & Pantzalis, Christos & Park, Jung Chul, 2007. "Corporate use of derivatives and excess value of diversification," Journal of Banking & Finance, Elsevier, vol. 31(3), pages 889-913, March.
  98. Kjærland, Frode, 2010. "Market (in)efficiency in valuing electric utilities--The case of Norwegian generating companies," Energy Policy, Elsevier, vol. 38(5), pages 2379-2385, May.
  99. Tawatnuntachai, Oranee & Yaman, Devrim, 2007. "Do investors overreact to earnings warnings?," Review of Financial Economics, Elsevier, vol. 16(2), pages 177-201.
  100. Aabo, Tom & Pantzalis, Christos & Park, Jung Chul, 2017. "Idiosyncratic volatility: An indicator of noise trading?," Journal of Banking & Finance, Elsevier, vol. 75(C), pages 136-151.
  101. Neil Garrod & Aljosa Valentincic, 2005. "The Term Structure of Implicit Discount Rates in Security Valuation," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 32(7-8), pages 1237-1274.
  102. Zhijun Zhao & Yue Ma & Yuhui Liu, 2005. "Equity Valuation in Mainland China and Hong Kong: The Chinese A-H Share Premium," Working Papers 142005, Hong Kong Institute for Monetary Research.
  103. Jiang, Xiaoquan & Lee, Bong-Soo, 2007. "Stock returns, dividend yield, and book-to-market ratio," Journal of Banking & Finance, Elsevier, vol. 31(2), pages 455-475, February.
  104. Hail, Luzi & Leuz, Christian, 2009. "Cost of capital effects and changes in growth expectations around U.S. cross-listings," Journal of Financial Economics, Elsevier, vol. 93(3), pages 428-454, September.
  105. Mitchell Oler, 2015. "Determinants of the length of time a firm’s book-to-market ratio is greater than one," Review of Quantitative Finance and Accounting, Springer, vol. 45(3), pages 509-539, October.
  106. Christian Bach, 2011. "Conservatism in Corporate Valuation," CREATES Research Papers 2011-32, Department of Economics and Business Economics, Aarhus University.
  107. Yezegel, Ari, 2015. "Why do analysts revise their stock recommendations after earnings announcements?," Journal of Accounting and Economics, Elsevier, vol. 59(2), pages 163-181.
  108. Ming Dong & David Hirshleifer & Siew Hong Teoh, 2017. "Misvaluation and Corporate Inventiveness," NBER Working Papers 24142, National Bureau of Economic Research, Inc.
  109. Rasim Ozcan, 2012. "An Analysis of Manipulation Strategies in Stock Markets," Istanbul Stock Exchange Review, Research and Business Development Department, Borsa Istanbul, vol. 13(49), pages 19-37.
  110. Philip Brown & Gerry Gallery & Olivia Goei, 2006. "Does market misvaluation help explain share market long‐run underperformance following a seasoned equity issue?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 46(2), pages 191-219, June.
  111. Heinrichs, Nicolas & Hess, Dieter & Homburg, Carsten & Lorenz, Michael & Sievers, Soenke, 2011. "Extended dividend, cash flow and residual income valuation models: Accounting for deviations from ideal conditions," CFR Working Papers 11-11, University of Cologne, Centre for Financial Research (CFR).
  112. Lee-Seok Hwang & Woo-Jong Lee, 2013. "Stock Return Predictability of Residual-Income-Based Valuation: Risk or Mispricing?," Abacus, Accounting Foundation, University of Sydney, vol. 49(2), pages 219-241, June.
  113. Leonardo Becchetti & Stefania Di Giacomo, 2007. "Deviations from Fundamentals in US and EU Stock Markets: A Comparative Analysis," The European Journal of Finance, Taylor & Francis Journals, vol. 13(3), pages 195-226.
  114. Ramnath, Sundaresh & Rock, Steve & Shane, Philip, 2005. "Value Line and I/B/E/S earnings forecasts," International Journal of Forecasting, Elsevier, vol. 21(1), pages 185-198.
  115. Zhi Da & Qianqiu Liu & Ernst Schaumburg, 2014. "A Closer Look at the Short-Term Return Reversal," Management Science, INFORMS, vol. 60(3), pages 658-674, March.
  116. Georgia Pazarzi, 2014. "Comparison of the Residual Income and the Pricing - Multiples Equity Valuation Models," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 88-114.
  117. Malcolm Baker & C. Fritz Foley & Jeffrey Wurgler, 2004. "The Stock Market and Investment: Evidence from FDI Flows," NBER Working Papers 10559, National Bureau of Economic Research, Inc.
  118. Kuo, Chen-Yin, 2016. "Does the vector error correction model perform better than others in forecasting stock price? An application of residual income valuation theory," Economic Modelling, Elsevier, vol. 52(PB), pages 772-789.
  119. Huong Higgins, 2011. "Forecasting stock price with the residual income model," Review of Quantitative Finance and Accounting, Springer, vol. 36(4), pages 583-604, May.
  120. Mei-Chen Lin & Po-Hsin Ho & Hsiang-Lin Chih, 2019. "Effects of managerial overconfidence on analyst recommendations," Review of Quantitative Finance and Accounting, Springer, vol. 53(1), pages 73-99, July.
  121. Chen, Peter F. & Novoselov, Kirill E. & Wang, Yihong, 2018. "Regulatory effects on Analysts' conflicts of interest in corporate financing activities: Evidence from NASD Rule 2711," Journal of Corporate Finance, Elsevier, vol. 48(C), pages 658-679.
  122. Chen, Li-Wen & Yu, Hsin-Yi & Huang, Hsu-Huei, 2015. "Revisiting the earnings–price effect: The importance of future earnings," Finance Research Letters, Elsevier, vol. 13(C), pages 90-96.
  123. Keiichi Kubota & Kazuyuki Suda & Hitoshi Takehara, 2009. "Common Risk Factors Versus a Mispricing Factor of Tokyo Stock Exchange Firms: Inquiries into the Fundamental Value Derived from Analyst Earnings Forecasts," International Review of Finance, International Review of Finance Ltd., vol. 9(3), pages 269-294, September.
  124. Sung Hwan Jung, 2016. "Audit Effort and Market-perceived Risk: Evidence from South Korea," Australian Accounting Review, CPA Australia, vol. 26(3), pages 255-270, September.
  125. Chen-Yin Kuo, 2017. "Is the accuracy of stock value forecasting relevant to industry factors or firm-specific factors? An empirical study of the Ohlson model," Review of Quantitative Finance and Accounting, Springer, vol. 49(1), pages 195-225, July.
  126. Khimich, Natalya, 2017. "A comparison of alternative cash flow and discount rate news proxies," Journal of Empirical Finance, Elsevier, vol. 41(C), pages 31-52.
  127. Kiridaran Kanagaretnam & Gerald Lobo & Robert Mathieu, 2012. "CEO stock options and analysts’ forecast accuracy and bias," Review of Quantitative Finance and Accounting, Springer, vol. 38(3), pages 299-322, April.
  128. Humphery-Jenner, M., 2011. "Anti-takeover Provisions as a Source of Innovation and Value Creation," Discussion Paper 2011-045, Tilburg University, Center for Economic Research.
  129. Loh, Roger K. & Mian, G. Mujtaba, 2006. "Do accurate earnings forecasts facilitate superior investment recommendations?," Journal of Financial Economics, Elsevier, vol. 80(2), pages 455-483, May.
  130. Lucie Courteau & Jennifer L. Kao & Yao Tian, 2015. "Does Accrual Management Impair the Performance of Earnings-Based Valuation Models?," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 42(1-2), pages 101-137, January.
  131. Lin, Hsuan-Chu & Chou, Ting-Kai & Cheng, Jia-Chi, 2011. "Does market misvaluation drive post-acquisition underperformance in stock deals?," International Review of Economics & Finance, Elsevier, vol. 20(4), pages 690-706, October.
  132. Dechow, Patricia & Ge, Weili & Schrand, Catherine, 2010. "Understanding earnings quality: A review of the proxies, their determinants and their consequences," Journal of Accounting and Economics, Elsevier, vol. 50(2-3), pages 344-401, December.
  133. H. J. Turtle & Kainan Wang, 2017. "The Value In Fundamental Accounting Information," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 40(1), pages 113-140, March.
  134. repec:bor:iserev:v:13:y:2013:i:49:p:19-37 is not listed on IDEAS
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  153. Chansog Kim & Christos Pantzalis & Jung Chul Park, 2014. "Do Family Owners Use Firm Hedging Policy to Hedge Personal Undiversified Wealth Risk?," Financial Management, Financial Management Association International, vol. 43(2), pages 415-444, June.
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