On cross-sectional analysis in accounting research

The Behavior of Stock-Market Prices

1965 • 8,575 citations

Positive Accounting Theory

1985 • 6,198 citations

The relationship between return and market value of common stocks

1981 • 6,052 citations

Towards A Positive Theory of the Determination of Accounting Standards

2006 • 2,445 citations

The stochastic behavior of common stock variances Value, leverage and interest rate effects

1982 • 2,405 citations

The option pricing model and the risk factor of stock

1976 • 1,293 citations

The Theory of Finance

1972 • 1,064 citations

THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS

1972 • 1,034 citations

The information content of security prices

1980 • 777 citations

Using Financial Data to Measure Effects of Regulation

1981 • 629 citations

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

1979 • 480 citations

An income strategy approach to the positive theory of accounting standard setting/choice

1981 • 457 citations

SOME TIME SERIES PROPERTIES OF ACCOUNTING INCOME

1972 • 431 citations

Cross-Sectional Dependence and Problems in Inference in Market-Based Accounting Research

1987 • 431 citations

Risk-adjusted discount rates and capital budgeting under uncertainty

1977 • 391 citations

Market-Based Empirical Research in Accounting: A Review, Interpretation, and Extension

1982 • 325 citations

Capital Market Equilibrium, Information Production, and Selecting Accounting Techniques: Theoretical Framework and Review of Empirical Work

1974 • 301 citations

Methodological issues in the use of financial ratios

1979 • 254 citations

Determinants of the corporate decision to capitalize interest

1981 • 250 citations

Evidence of the impact of mandatory changes in accounting principles on corporate loan agreements

1981 • 240 citations

A Comparison of Alternative Testing Methodologies Used in Capital Market Research

1984 • 234 citations

THE INCREMENTAL INFORMATION CONTENT OF THE ACCRUAL AND FUNDS COMPONENTS OF EARNINGS AFTER CONTROLLING FOR EARNINGS

1987 • 230 citations

EVIDENCE ON THE RELATIONSHIPS BETWEEN EARNINGS AND VARIOUS CASH FLOW MEASURES

1986 • 227 citations

The Effect of the Firm's Capital Structure on the Systematic Risk of Common Stocks

1972 • 221 citations

Evidence on the effect of bond covenants and management compensation contracts on the choice of accounting techniques

1981 • 210 citations

The economic determinants of the market reaction to proposed mandatory accounting changes in the oil and gas industry

1981 • 153 citations

The incremental information content of replacement cost earnings

1982 • 148 citations

Correlation and Regression Estimates when the Data are Ratios

1955 • 144 citations

Stock Price Reactions to LIFO Adoptions: The Association between Excess Returns and LIFO Tax Savings

1982 • 121 citations

Estimates of the Marginal Rate of Time Preference and Average Risk Aversion of Investors in Electric Utility Shares: 1960-66

1971 • 106 citations

Some Time Series Properties of Accounting Income

1972 • 98 citations

Admissible uncertainty in the intertemporal asset pricing model

1980 • 89 citations

The information content of SEC accounting series release no. 190

1980 • 85 citations

Differencing as a Test of Specification

1982 • 84 citations

The valuation of reported pension measures for firms sponsoring defined benefit plans

1982 • 82 citations

Market reaction to the 1976 replacement cost disclosures

1980 • 79 citations

Testing for incremental information content in the presence of collinearity

1984 • 61 citations

Price-Earnings Ratios and Earnings Capitalization Under Uncertainty

1983 • 53 citations

The impact of replacement cost disclosure on security prices

1982 • 49 citations

Cross-sectional association between abnormal returns and firm specific variables

1982 • 40 citations

VALUATION PARAMETERS OF PROPERTY‐LIABILITY COMPANIES

1977 • 34 citations

Valuation Implications of SFAS No. 33 Data for Electric Utility Investors

1985 • 33 citations

Valuation Parameters of Property-Liability Companies

1977 • 10 citations

Selection of accounting procedures and implications of changes in generally accepted accounting principles : a case study using oil and gas accounting

1982 • 6 citations

Risk Adjusted Discounting

1982 • 4 citations

A study of the capital market reaction to the accounting policy decision process relating to foreign currency accounting

1984 • 1 citations

Valuation of capitalized interest on construction expenditures in the electric utility industry

1978 • 1 citations