The Information Content of Earnings and Prices: A Simultaneous Equations Approach

Keywords

Earnings, Simultaneous equations, Econometrics, Estimation, Variety (cybernetics)

References

• Information in prices about future earnings: Implications for earnings response coefficientsS.P. Kothari, Richard G. Sloan — 1992
• Aggregate accounting earnings can explain most of security returns: The case of long return intervals☆Peter D. Easton, Trevor S. Harris, James A. Ohlson — 1992
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• The information content of security pricesWilliam H. Beaver, Richard A. Lambert, Dale Morse — 1980
• THE ROLE OF EARNINGS LEVELS IN ANNUAL EARNINGS-RETURNS STUDIESAshiq Ali, Paul Zarowin — 1992
• Lack of timeliness and noise as explanations for the low contemporaneuos return-earnings associationDaniel W. Collins, S.P. Kothari, Jay Shanken — 1994
• The conservatism principle and the asymmetric timeliness of earningsSudipta Basu — 1997
• ON THE USEFULNESS OF EARNINGS AND EARNINGS RESEARCH: LESSONS AND DIRECTIONS FROM TWO DECADES OF EMPIRICAL RESEARCHBaruch Lev — 1989
• Permanent versus transitory components of annual earnings and estimation error in earnings response coefficientsAshiq Ali, Paul Zarowin — 1992
• On cross-sectional analysis in accounting researchAndrew Christie — 1987
• Firm size and the information content of prices with respect to earningsDaniel W. Collins, S.P. Kothari, J.D. Rayburn — 1987
• Earnings Innovations, Earnings Persistence, and Stock ReturnsRoger C. Kormendi, Robert C. Lipe — 1987
• The information content of lossesCarla Hayn — 1995
• Do analysts' earnings forecasts incorporate information in prior stock price changes?Jeffery S. Abarbanell — 1991
• An empirical evaluation of accounting income numbersRay Ball, Philip Brown — 1968
• The prediction of stock returns using financial statement informationRobert W. Holthausen, David F. Larcker — 1992
• Specification tests in econometricsJerry A. Hausman — 1978
• Accounting Measurement, Price-Earnings Ratio, and the Information Content of Security PricesJane A. Ou, Stephen H. Penman — 1989
• Efficient Capital Markets: IIEugene F. Fama — 1991

Cited by

• An Empirical Analysis of the Tax Benefit from Employee Stock OptionsMichael Cipriano, Daniel W. Collins, Paul Hribar — 2002
• Econometrics of the Basu Asymmetric Timeliness Coefficient and Accounting ConservatismRay Ball, S.P. Kothari, Valeri V. Nikolaev — 2013
• Decision-Usefulness of Accounting Information to Equity Investors of Firms Listed on the Amman Stock Exchange:an Empirical InvestigationBeatriz Elena Africano — 2013
• The relationship between market value and book value for five selected Japanese firmsTeruyo Omura — 2005
• Empirical Research on Accounting Conservatism and Business FinancingLingling Suo, Yang Kezhi, Hao Ji — 2013
• The Decision Usefulness Of Comprehensive Income Reporting In CanadaHarjinder Deol — 2013
• The Scrutinized-Firm Effect, Portfolio Rebalancing, Stock Return Seasonality, and the Pervasiveness of the January Effect in CanadaGeorge Athanassakos — 2015
• ANALYST ACTIVITY AND CORPORATE GOVERNANCE: A GLOBAL PERSPECTIVEMinna Yu — 2007
• UNA EVALUACIÓN META-ANALÍTICA DE LA RELEVANCIA VALORATIVA DE LA CIFRA DE BENEFICIOSEmma García‐Meca, Juan Pedro Sánchez‐Ballesta — 2006
• Determinants of Share Price Movements in Bangladesh : Dividends and Retained EarningsShohrab Hussain Khan — 2009
• Typologie des déterminants comptables de la valeur : Apports de l'approche économique de l'information dans la mesure de la valeurMohamed Sellami — 2006
• Accounting Choices and Risk Management: SFAS 115 and U.S. Bank Holding CompaniesLeslie D. Hodder, Mark J. Kohlbeck, Mary Lea McAnally — 2002
• A Comment on 'the Information Content of Earnings and Prices: A Simultaneous Equations Approach' by W.H. Beaver, M.L. Mcanally, and C.H. Stinson (1997)David E. Allen, Stuart N. Cruickshank, Nigel Morkel-Kingsbury — 1999
• PENGARUH UKURAN KAP DAN AUDITOR TENURE TERHADAP VALUE RELEVANCE DARI NILAI WAJARTaufik Hidayat — 2012
• Corporate Governance Berichterstattung als Instrument wertorientierter Unternehmensführung: Empirische Erkenntnisse für den deutschen KapitalmarktMarkus Stiglbauer — 2010
• La capacidad predictiva de la información financiera sobre los resultados futurosCarmelo Reverte Maya — 2000
• Valor de mercado e fundamentos contábeis: uma avaliação a partir de modelos uni e multivariados de previsãoOctávio Valente Campos, Wagner Moura Lamounier, Aureliano Angel Bressan — 2015
• Use of Fuller's Technique to Reduce Measurement Error in the Returns/Earnings AssociationSusan Machuga — 2000
• Solving the Price-Earnings PuzzleCarl Chiarella, Shenhuai Gao — 2002
• The Role of Unrecorded Intangible Assets in Residual Income Valuation: The Case of BanksMark J. Kohlbeck, Terry D. Warfield — 2002

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