Firm size and the information content of prices with respect to earnings

An Empirical Evaluation of Accounting Income Numbers

1968 • 6,381 citations

The relationship between return and market value of common stocks

1981 • 6,052 citations

On the Impossibility of Informationally Efficient Markets

1980 • 4,825 citations

On the impossibility of informationally efficient markets

1980 • 3,972 citations

Size-related anomalies and stock return seasonality

1983 • 1,852 citations

The Private and Social Value of Information and the Reward to Inventive Activity

1971 • 1,459 citations

ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION

1976 • 1,388 citations

Information aggregation in a noisy rational expectations economy

1981 • 1,135 citations

Specification Searches: Ad Hoc Inference with Non-Experimental Data.

1981 • 1,125 citations

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

1985 • 1,086 citations

The information content of security prices

1980 • 777 citations

Information Acquisition in a Noisy Rational Expectations Economy

1982 • 601 citations

EARNINGS RELEASES, ANOMALIES, AND THE BEHAVIOR OF SECURITY RETURNS

2001 • 585 citations

The association between accounting earnings and security returns for large and small firms

1987 • 565 citations

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

1979 • 480 citations

SOME TIME SERIES PROPERTIES OF ACCOUNTING INCOME

1972 • 431 citations

The Association of Operating Cash Flow and Accruals with Security Returns

1986 • 406 citations

The Time Series of Annual Accounting Earnings

1977 • 347 citations

Specification Searches: Ad Hoc Inference with Nonexperimental Data

1980 • 269 citations

On the Efficiency of Competitive Stock Markets Where Trades Have Diverse Information

1976 • 242 citations

Market Implications of Differential Amounts of Interim Information

1980 • 227 citations

The Time-Series Properties of Annual Earnings

1977 • 223 citations

The information content of security prices

1987 • 221 citations

The Time Series Behavior of Earnings

1970 • 216 citations

Further results on the informational efficiency of competitive stock markets

1978 • 198 citations

Information and Capital Markets

1971 • 194 citations

Informational Economies of Scale

1975 • 176 citations

The incremental information content of replacement cost earnings

1982 • 148 citations

The Market's Response to the 1974 LIFO Adoptions

1982 • 105 citations

Some Time Series Properties of Accounting Income

1972 • 98 citations

Information Characteristics of Earnings Announcements and Stock Market Behavior

1983 • 76 citations

Market Association Tests and FASB Statement No. 33 Disclosures: A Reexamination

1985 • 73 citations

Predisclosure informational asymmetries, firm capitalization, financial reports, and security price behavior

1980 • 58 citations

On the theory of market information efficiency

1979 • 58 citations

The rapidity of price adjustments to information

1980 • 57 citations

The API and the Design of Experiments

1979 • 37 citations

Information and Capital Markets

1981 • 12 citations

Cross-sectional and cross-temporal differences in the relationship between annual earnings and security returns

1981 • 7 citations

Differential information content of publicly announced earnings : theoretical and empirical analysis

1985 • 3 citations

A comparison of alternative proxies for the market's expectation of quarterly earnings

1986 • 2 citations