Detecting long-run abnormal stock returns: The empirical power and specification of test statistics

Common risk factors in the returns on stocks and bonds

1993 • 26,177 citations

The Cross‐Section of Expected Stock Returns

1992 • 15,031 citations

Using daily stock returns

1985 • 6,463 citations

Nonparametric Statistical Methods

1999 • 6,387 citations

The Cross-Section of Expected Stock Returns

1992 • 5,405 citations

The Long‐Run Performance of initial Public Offerings

1991 • 3,447 citations

The New Issues Puzzle

1995 • 3,411 citations

Measuring security price performance

1980 • 3,397 citations

Market underreaction to open market share repurchases

1995 • 1,824 citations

Do Brokerage Analysts' Recommendations Have Investment Value?

1996 • 1,810 citations

Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium?

1989 • 1,791 citations

Conflict of Interest and the Credibility of Underwriter Analyst Recommendations

1999 • 1,595 citations

POST-EARNINGS-ANNOUNCEMENT DRIFT - DELAYED PRICE RESPONSE OR RISK PREMIUM

1989 • 1,578 citations

Myth or Reality? The Long‐Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital‐Backed Companies

1997 • 1,451 citations

The Post‐Merger Performance of Acquiring Firms: A Re‐examination of an Anomaly

1992 • 1,140 citations

Glamour, value and the post-acquisition performance of acquiring firms

1998 • 1,121 citations

Underperformance in long-run stock returns following seasoned equity offerings

1995 • 1,079 citations

Measuring long-horizon security price performance

1997 • 1,071 citations

Another Look at the Cross‐section of Expected Stock Returns

1995 • 1,009 citations

Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?

1995 • 1,000 citations

The Long-Run Performance of Initial Public Offerings

1991 • 889 citations

Biases in computed returns

1983 • 846 citations

The New Issues Puzzle

1995 • 839 citations

Do Brokerage Analysts' Recommendations Have Investment Value?

1996 • 472 citations

Long‐Term Market Overreaction or Biases in Computed Returns?

1993 • 465 citations

A Comparison of Event Study Methodologies Using Daily Stock Returns: A Simulation Approach

1984 • 430 citations

What Do Stock Splits Really Signal?

1996 • 405 citations

The Cross‐Section of Realized Stock Returns: The Pre‐COMPUSTAT Evidence

1994 • 384 citations

Nonparametric statistical methods

1974 • 323 citations

Venture Capital Distributions: Short‐Run and Long‐Run Reactions

1998 • 321 citations

On computing mean returns and the small firm premium

1983 • 319 citations

Event study methodologies and the size effect

1986 • 310 citations

Firm Size, Book‐to‐Market Ratio, and Security Returns: A Holdout Sample of Financial Firms

1997 • 305 citations

Do Firms Knowingly Sell Overvalued Equity?

1997 • 292 citations

Measuring security price performance using daily NASDAQ returns

1993 • 268 citations

Another Look at the Cross-Section of Expected Stock Returns

1995 • 263 citations

Conflict of interest and the credibility of underwriter analyst recommendations

1999 • 260 citations

Evaluating the performance of value versus glamour stocks The impact of selection bias

1995 • 242 citations

On the Removal of Skewness by Transformation

1992 • 229 citations

The Post-Merger Performance of Acquiring Firms: A Re-Examination of an Anomaly

1992 • 229 citations

The Long‐Run Negative Drift of Post‐Listing Stock Returns

1995 • 194 citations

Long-Term Market Overreaction or Biases in Computed Returns?

1993 • 189 citations

Caveat Compounder: A Warning about Using the Daily CRSP Equal‐Weighted Index to Compute Long‐Run Excess Returns

1998 • 149 citations

Long‐Term Market Overreaction: The Effect of Low‐Priced Stocks

1996 • 133 citations

Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?

1995 • 123 citations

An Analysis of the Recommendations of the “Superstar” Money Managers at Barron's Annual Roundtable

1995 • 108 citations

The Cross-Section of Realized Stock Returns: The Pre-COMPUSTAT Evidence

1994 • 105 citations

Do Firms Knowingly Sell Overvalued Equity?

1997 • 95 citations

Can We Implement Research on Stock Trading Rules?

1995 • 76 citations

The Long-Run Negative Drift of Post-Listing Stock Returns

1995 • 72 citations

Is Institutional Investment in Initial Public Offerings Related to Long-Run Performance of These Firms?

1995 • 60 citations

Post-Earnings Announcement Drift?

1996 • 38 citations

An Analysis of the Recommendations of the "Superstar" Money Managers at Barron's Annual Roundtable

1995 • 32 citations

Long-Term Market Overreaction: The Effect of Low-Priced Stocks

1996 • 25 citations

How Can Long-Run Abnormal Stock Returns be Both Positively and Negatively Biased?

1996 • 11 citations

The Pre-Acquisition Performance of Target Firms: A Re-Examination of the Inefficient Management Hypothesis

1996 • 6 citations

Long-Run Common Stock Returns Following Stock Splits and Stock Dividends

1998 • 5 citations