Informational efficiency and the information content of earnings during the market crash of October 1987

Using daily stock returns

1985 • 6,463 citations

An Empirical Evaluation of Accounting Income Numbers

1968 • 6,381 citations

Positive Accounting Theory

1985 • 6,198 citations

Perfect Equilibrium in a Bargaining Model

1982 • 5,336 citations

Cointegration and Tests of Present Value Models

1987 • 2,166 citations

Stock Prices and Social Dynamics

1984 • 1,274 citations

Foundations of Finance.

1977 • 1,197 citations

Financial statement analysis

2007 • 1,153 citations

Predisclosure Information, Firm Capitalization, and Security Price Behavior Around Earnings Announcements

1985 • 1,086 citations

Does the Stock Market Rationally Reflect Fundamental Values?

1986 • 1,071 citations

Stock Prices and Social Dynamics

1984 • 851 citations

Computer Intensive Methods for Testing Hypotheses: An Introduction

1990 • 692 citations

On cross-sectional analysis in accounting research

1987 • 583 citations

The Association between Unsystematic Security Returns and the Magnitude of Earnings Forecast Errors

1979 • 480 citations

The International Crash of October 1987

1988 • 401 citations

Financial Statement Analysis

2022 • 392 citations

Dividend Innovations and Stock Price Volatility

1988 • 363 citations

Security Analyst Superiority Relative to Univariate Time-Series Models in Forecasting Quarterly Earnings

2008 • 355 citations

Does the Stock Market Rationally Reflect Fundamental Values?

1986 • 336 citations

THE INCREMENTAL INFORMATION CONTENT OF ACCRUAL VERSUS CASH FLOWS

1987 • 286 citations

Univariate Time-Series Models of Quarterly Accounting Earnings per Share: A Proposed Model

1979 • 275 citations

Black Monday and the future of financial markets

1989 • 255 citations

Portfolio Insurance and the Market Crash

1988 • 55 citations

Trading Activity and Price Behavior in the Stock and Stock Index Futures Markets in October 1987

1988 • 48 citations

Arbitrage, Nontrading, and Stale Prices: October 1987

1992 • 46 citations

Stock Index Futures and Stock Market Activity in October 1987

1988 • 17 citations

Studies of the 1987 stock market crash: Review and appraisal

1988 • 13 citations

Should One Agency Regulate Financial Markets

1988 • 5 citations