The Association Between Market-Determined and Accounting-Determined Measures of Systematic Risk: Some Further Evidence

Statistical methods

1967 • 19,533 citations

CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*

1964 • 15,720 citations

Risk, Return, and Equilibrium: Empirical Tests

1973 • 14,580 citations

THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors…

1975 • 7,346 citations

An Empirical Evaluation of Accounting Income Numbers

1968 • 6,381 citations

Equilibrium in a Capital Asset Market

1966 • 4,832 citations

Capital Market Equilibrium with Restricted Borrowing

1972 • 3,158 citations

Applied Statistical Decision Theory

1962 • 2,252 citations

SECURITY PRICES, RISK, AND MAXIMAL GAINS FROM DIVERSIFICATION*

1965 • 1,803 citations

Studies in the Theory of Capital Markets.

1973 • 1,060 citations

ON THE ASSESSMENT OF RISK

1971 • 736 citations

SOME ESTIMATES OF THE COST OF CAPITAL TO THE ELECTRIC UTILITY INDUSTRY, 1954-57

1966 • 592 citations

The Aggregation of Investor's Diverse Judgments and Preferences in Purely Competitive Security Markets

1969 • 524 citations

Estimation of Parameters in Time-Series Regression Models

1960 • 480 citations

A NOTE ON USING CROSS‐SECTIONAL INFORMATION IN BAYESIAN ESTIMATION OF SECURITY BETAS

1973 • 467 citations

PORTFOLIO ANALYSIS, MARKET EQUILIBRIUM AND CORPORATION FINANCE

1969 • 457 citations

Measurement of Portfolio Performance Under Uncertainty

1970 • 392 citations

RISK, RETURN AND EQUILIBRIUM: SOME CLARIFYING COMMENTS

1968 • 373 citations

The Prediction of Systematic and Specific Risk in Common Stocks

1973 • 262 citations

Evidence on the Information Content of Accounting Numbers: Accounting-Based and Market-Based Estimates of Systematic Risk

1973 • 253 citations

Statistical Methods of Econometrics.

1967 • 202 citations

The Informational Content of Quarterly Earnings: An Extension and Some Further Evidence

1972 • 164 citations

Small-Sample Properties of Several Two-Stage Regression Methods in the Context of Auto-Correlated Errors

1969 • 157 citations

Portfolio Theory and Accounting

1969 • 155 citations

INTERPERIOD TAX ALLOCATION, EARNING EXPECTATIONS, AND THE BEHAVIOR OF SECURITY PRICES

1972 • 148 citations

Correlation and Regression Estimates when the Data are Ratios

1955 • 144 citations

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

1971 • 106 citations

A Model of Capital Asset Risk

1972 • 72 citations

RISK, THE PRICING OF CAPITAL ASSETS, AND THE EVALUATION OF INVESTMENT PORTFOLIOS*

1969 • 52 citations

ON SYSTEMATIC AND UNSYSTEMATIC COMPONENTS OF FINANCIAL RISK

1972 • 45 citations

Required Return on Public Utility Equities: A National and Regional Analysis, 1958-1969

1971 • 23 citations