Empirical anomalies based on unexpected earnings and the importance of risk adjustments

Estimating betas from nonsynchronous data

1977 • 2,887 citations

Misspecification of capital asset pricing

1981 • 1,344 citations

Anomalies in relationships between securities' yields and yield-surrogates

1978 • 779 citations

Systematic ‘abnormal’ returns after quarterly earnings announcements

1978 • 249 citations

The Adjustment of Stock Prices to Announcements of Unanticipated Changes in Quarterly Earnings

1977 • 158 citations

The effect of discretionary price control decisions on equity values

1982 • 116 citations

Standardized Unexpected Earnings—1971–77

1979 • 97 citations

STANDARDIZED UNEXPECTED EARNINGS—A PROGRESS REPORT

1977 • 79 citations

Standardized Unexpected Earnings--A Progress Report

1977 • 48 citations

Standardized Unexpected Earnings--1971-77

1979 • 46 citations

Quarterly earnings reports and subsequent holding period returns

1974 • 27 citations

EARNINGS REPORTS AND MARKET EFFICIENCIES: AN ANALYSIS OF THE CONTRARY EVIDENCE

1979 • 17 citations

A Test of Market Efficiency

1979 • 11 citations