AN EMPIRICAL ANALYSIS OF DIFFERENTIAL CAPITAL MARKET REACTIONS TO EXTRAORDINARY ACCOUNTING ITEMS¹

EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*

1970 • 15,798 citations

Efficient Capital Markets: A Review of Theory and Empirical Work

1970 • 10,493 citations

An Empirical Evaluation of Accounting Income Numbers

1968 • 6,381 citations

The Information Content of Annual Earnings Announcements

1968 • 2,768 citations

A Simplified Model for Portfolio Analysis

1963 • 2,673 citations

SOME TIME SERIES PROPERTIES OF ACCOUNTING INCOME

1972 • 431 citations

Changes in Accounting Techniques and Stock Prices

1972 • 222 citations

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

1975 • 222 citations

The Time Series Behavior of Earnings

1970 • 216 citations

Investor Evaluation of Accounting Information: Some Empirical Evidence

1972 • 214 citations

THE CONSENSUS AND ACCURACY OF SOME PREDICTIONS OF THE GROWTH OF CORPORATE EARNINGS

1968 • 211 citations

Relationship between Accounting Changes and Stock Prices: Problems of Measurement and Some Empirical Evidence

1973 • 158 citations

Securities Market Efficiency in an Arrow-Debreu Economy

1975 • 158 citations

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

1972 • 148 citations

Income Smoothing

1968 • 95 citations

COMPETITIVE INFORMATION IN THE STOCK MARKET: AN EMPIRICAL STUDY OF EARNINGS, DIVIDENDS AND ANALYSTS' FORECASTS*

1976 • 90 citations

What should be the FASB’s objectives?

1973 • 74 citations

Risk, Information, and the Effects of Special Accounting Items on Capital Market Equilibrium

1975 • 63 citations

Capital Market Equilibrium and Annual Accounting Numbers: Empirical Evidence

1974 • 44 citations

Using Time-Series Models to Assess the Significance of Accounting Changes

1972 • 37 citations

Competitive Information in the Stock Market: An Empirical Study of Earnings, Dividends and Analysts' Forecasts

1976 • 29 citations

Depreciation Policy and the Behavior of Corporate Profits

1971 • 27 citations

The Capital Market, The Market for Information, and External Accounting

1976 • 25 citations

Accelerated Depreciation, Tax Allocation, and Cyclical Asset Expenditures of Large Manufacturing Companies

1969 • 11 citations