Stock price reactions as surrogates for the net cash flow effects of corporate policy decisions

Positive Accounting Theory

1985 • 6,198 citations

Stock prices and top management changes

1988 • 1,665 citations

On cross-sectional analysis in accounting research

1987 • 583 citations

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

1987 • 431 citations

Merger decisions and executive stock ownership in acquiring firms

1985 • 325 citations

Partially anticipated events: A model of stock price reactions with an application to corporate acquisitions

1985 • 312 citations

Golden parachutes, executive decision-making, and shareholder wealth

1985 • 305 citations

An Approach to Statistical Inference in Cross-Sectional Models with Security Abnormal Returns As Dependent Variable

1986 • 273 citations

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

1981 • 240 citations

Changes in Accounting Techniques and Stock Prices

1972 • 222 citations

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

1981 • 210 citations

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

1982 • 121 citations

Discussion of Accounting for Research and Development Costs: The Impact on Research and Development Expenditures

1980 • 85 citations

Cross-sectional association between abnormal returns and firm specific variables

1982 • 40 citations

Short-Range Market Reaction to Changes to LIFO Accounting Using Preliminary Earnings Announcement Dates

1980 • 37 citations

Short-Range Market Reaction To Changes To Lifo Accounting Using Preliminary Earnings Announcement Dates

1980 • 22 citations

Firm Size Effects and the Association between Excess Returns and LIFO Tax Savings

1986 • 22 citations

Effects of early bond refundings

1984 • 20 citations

New Evidence on LIFO Adoptions: The Effects of More Precise Event Dates

1987 • 18 citations