SSRN Financial Accounting eJournal

1.

Company Valuation Methods

Number of pages: 18 Posted: 22 Jul 2001 Last Revised: 17 Mar 2016

Working Paper Series

Pablo Fernandez

University of Navarra - IESE Business School

Downloads 58,711

2.

A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation

Number of pages: 68 Posted: 31 Mar 1997

Working Paper Series

Stephen H. Penman and Theodore Sougiannis

Columbia Business School - Department of Accounting and University of Illinois at Urbana-Champaign - Department of Accountancy

Downloads 44,914

3.

Value Based Management: Economic Value Added or Cash Value Added?

FWC AB Study No. 1997:3

Number of pages: 42 Posted: 05 Apr 1999

Working Paper Series

Fredrik Weissenrieder

Weissenrieder & Co AB

Downloads 33,380

4.

What Matters in Corporate Governance?

Review of Financial Studies, Vol. 22, No. 2, pp. 783-827, February 2009, Harvard Law School John M. Olin Center Discussion Paper No. 491 (2004)

Number of pages: 61 Posted: 21 Sep 2004 Last Revised: 17 Apr 2009

Accepted Paper Series

Lucian A. Bebchuk, Alma Cohen and Allen Ferrell

Harvard Law School, Tel Aviv University - Eitan Berglas School of Economics and Harvard Law School

There are 2 versions of this paper

Downloads 30,708

5.

International Financial Reporting Standards (IFRS): Pros and Cons for Investors

Accounting and Business Research, Forthcoming

Number of pages: 65 Posted: 13 Sep 2006

Accepted Paper Series

Ray Ball

University of Chicago - Accounting

Downloads 26,852

6.

Corporate Governance and Firm Performance

Number of pages: 53 Posted: 27 Sep 2004

Working Paper Series

Lawrence D. Brown and Marcus L. Caylor

Temple University - Department of Accounting and Kennesaw State University

Downloads 26,056

7.

A Review of the Earnings Management Literature and its Implications for Standard Setting

Number of pages: 36 Posted: 15 Mar 1999

Working Paper Series

Paul M. Healy and James Michael Wahlen

Harvard Business School and Indiana University - Kelley School of Business - Department of Accounting

Downloads 21,379

8.

Economic Consequences of Financial Reporting and Disclosure Regulation: A Review and Suggestions for Future Research

Number of pages: 91 Posted: 13 Mar 2008 Last Revised: 07 May 2008

Working Paper Series

Christian Leuz and Peter D. Wysocki

University of Chicago - Booth School of Business and Boston University Questrom School of Business

Downloads 20,592

9.

Three Residual Income Valuation Methods and Discounted Cash Flow Valuation

Number of pages: 12 Posted: 16 Jan 2002 Last Revised: 18 Nov 2015

Working Paper Series

Pablo Fernandez

University of Navarra - IESE Business School

Downloads 18,404

10.

Valuation Using Multiples: How Do Analysts Reach Their Conclusions?

Number of pages: 12 Posted: 17 Jul 2001 Last Revised: 22 Nov 2015

Working Paper Series

Pablo Fernandez

University of Navarra - IESE Business School

Downloads 16,173

11.

Evidence on EVA

Journal of Applied Corporate Finance, Vol. 12, No. 2, Summer 1999

Number of pages: 27 Posted: 20 Sep 1999

Accepted Paper Series

Gary C. Biddle, Robert M. Bowen and James S. Wallace

University of Melbourne, Department of Accounting, Faculty of Business and Economics, University of San Diego - Department of Accountancy and Claremont Colleges - Peter F. Drucker Graduate School of Management

Downloads 15,515

12.

Financial Accounting Information and Corporate Governance

JAE Rochester Conference April 2000

Number of pages: 115 Posted: 28 Apr 2002

Working Paper Series

Robert M. Bushman and Abbie J. Smith

University of North Carolina Kenan-Flagler Business School and University of Chicago - Booth School of Business

There are 2 versions of this paper

Downloads 15,178

13.

Ratio Analysis and Equity Valuation

Number of pages: 68 Posted: 11 May 1999

Working Paper Series

Doron Nissim and Stephen H. Penman

Columbia University - Columbia Business School and Columbia Business School - Department of Accounting

Downloads 15,073

14.

Cash Flow Is a Fact: Net Income Is Just an Opinion

Number of pages: 10 Posted: 25 Sep 2002 Last Revised: 18 Nov 2015

Working Paper Series

Pablo Fernandez

University of Navarra - IESE Business School

Downloads 14,723

15.

EVA and Cash Value Added Do NOT Measure Shareholder Value Creation

Number of pages: 10 Posted: 05 Jun 2001 Last Revised: 22 Nov 2015

Working Paper Series

Pablo Fernandez

University of Navarra - IESE Business School

Downloads 14,456

16.

Corporate Governance and Earnings Management

Number of pages: 35 Posted: 29 Jun 2001

Working Paper Series

Sonda Marrakchi Chtourou, Jean Bédard and Lucie Courteau

University of Sfax, Université Laval - École de comptabilité and Free University of Bozen-Bolzano - Faculty of Economics and Management

Downloads 14,425

17.

What Happened to the Quants in August 2007?

Number of pages: 67 Posted: 21 Sep 2007 Last Revised: 17 Jan 2008

Working Paper Series

Amir Khandani and Andrew W. Lo

Massachusetts Institute of Technology (MIT) and Massachusetts Institute of Technology (MIT) - Sloan School of Management

There are 2 versions of this paper

Downloads 14,372

18.

…and the Cross-Section of Expected Returns

Number of pages: 101 Posted: 17 Apr 2013 Last Revised: 21 Apr 2015

Working Paper Series

Campbell R. Harvey, Yan Liu and Heqing Zhu

Duke University - Fuqua School of Business, Texas A&M University, Department of Finance and Duke University - Fuqua School of Business

Downloads 14,089

19.

The Crisis of Fair Value Accounting: Making Sense of the Recent Debate

Chicago Booth Research Paper No. 33, Accounting, Organizations and Society, Vol. 34, 2009

Number of pages: 28 Posted: 21 Apr 2009

Accepted Paper Series

Christian Laux and Christian Leuz

Vienna University of Economics and Business and University of Chicago - Booth School of Business

Downloads 13,813

20.

The Theory and Practice of Corporate Finance: Evidence from the Field

AFA 2001 New Orleans; Duke University Working Paper

Number of pages: 48 Posted: 12 Apr 2000

Working Paper Series

John R. Graham and Campbell R. Harvey

Duke University and Duke University - Fuqua School of Business

Downloads 13,578

21.

Risk Analysis in Investment Appraisal

Project Appraisal Journal, Vol. 9, No. 1, March 1994

Number of pages: 33 Posted: 24 Apr 2001 Last Revised: 15 Aug 2008

Accepted Paper Series

Savvakis C. Savvides

Queen's University - John Deutsch Institute for the Study of Economic Policy

Downloads 12,853

22.

The Econometrics of Event Studies

Number of pages: 51 Posted: 25 Oct 2004

Working Paper Series

S.P. Kothari and Jerold B. Warner

Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester – Simon Business School

Downloads 12,757

23.

The Fall of Enron

Harvard NOM Working Paper No. 03-38

Number of pages: 46 Posted: 17 Oct 2003

Accepted Paper Series

Krishna Palepu and Paul M. Healy

Harvard University - Harvard Business School and Harvard Business School

Downloads 12,503

24.

A New Model of Integrity: An Actionable Pathway to Trust, Productivity and Value (PDF File of Keynote Slides)

Barbados Group Working Paper No. 07-01, Harvard NOM Working Paper No. 07-01, 1st IESE Conference on "Humanizing the Firm and the Management Profession" Presentation

Number of pages: 61 Posted: 20 Sep 2008 Last Revised: 11 Dec 2012

Working Paper Series

Werner Erhard, Michael C. Jensen and Steve Zaffron

Independent, SSRN and Landmark Worldwide LLC

Downloads 12,247

25.

Mandatory IFRS Reporting Around the World: Early Evidence on the Economic Consequences

ECGI - Finance Working Paper No. 198/2008, Chicago GSB Research Paper No. 12

Number of pages: 74 Posted: 25 Oct 2007 Last Revised: 20 Nov 2011

Working Paper Series

Holger Daske, Luzi Hail, Christian Leuz and Rodrigo S. Verdi

University of Mannheim - Accounting and Taxation, University of Pennsylvania - The Wharton School, University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT)

There are 2 versions of this paper

Downloads 12,000

26.

Disclosure Quality and Earnings Management

Number of pages: 34 Posted: 08 May 2001 Last Revised: 29 Aug 2008

Working Paper Series

Jian Zhou and Gerald J. Lobo

University of Hawaii at Manoa and University of Houston - C.T. Bauer College of Business

There are 2 versions of this paper

Downloads 11,781

27.

Global Accounting Convergence and the Potential Adoption of IFRS by the United States: An Analysis of Economic and Policy Factors

Number of pages: 104 Posted: 11 Mar 2009

Working Paper Series

Luzi Hail, Christian Leuz and Peter D. Wysocki

University of Pennsylvania - The Wharton School, University of Chicago - Booth School of Business and Boston University Questrom School of Business

There are 2 versions of this paper

Downloads 11,623

28.

Does Corporate Governance Predict Firms' Market Values? Evidence from Korea

post-publication version, published in Journal of Law, Economics, and Organization, Vol. 22, No. 2, Fall 2006, ECGI - Finance Working Paper No. 86/2005, KDI School of Pub Policy & Management Paper No. 02-04, McCombs Research Paper Series No. 02-05, Stanford Law and Economics Olin Working Paper No. 237, U of Texas law, Law and Econ Research Paper No. 26

Number of pages: 66 Posted: 20 Jan 2005 Last Revised: 18 Jun 2013

Accepted Paper Series

Bernard S. Black, Hasung Jang and Woochan Kim

Northwestern University - Pritzker School of Law, Korea University - Department of Finance and Korea University Business School

There are 3 versions of this paper

Downloads 10,857

29.

International Accounting Standards and Accounting Quality

Stanford University Graduate School of Business Research Paper No. 1976

Number of pages: 55 Posted: 11 Apr 2005

Working Paper Series

Mary E. Barth, Wayne R. Landsman and Mark H. Lang

Stanford University - Graduate School of Business, University of North Carolina Kenan-Flagler Business School and University of North Carolina at Chapel Hill

Downloads 10,843

30.

Hedge Funds, Systemic Risk, and the Financial Crisis of 2007-2008: Written Testimony for the House Oversight Committee Hearing on Hedge Funds

Number of pages: 34 Posted: 17 Nov 2008

Working Paper Series

Andrew W. Lo

Massachusetts Institute of Technology (MIT) - Sloan School of Management

Downloads 10,777

31.

Return on Capital (ROC), Return on Invested Capital (ROIC) and Return on Equity (ROE): Measurement and Implications

Number of pages: 69 Posted: 26 Mar 2008 Last Revised: 29 May 2008

Working Paper Series

Aswath Damodaran

New York University - Stern School of Business

Downloads 10,658

32.

Shareholder Value Creation: A Definition

Number of pages: 10 Posted: 30 May 2001 Last Revised: 22 Nov 2015

Working Paper Series

Pablo Fernandez

University of Navarra - IESE Business School

Downloads 10,586

33.

IFRS Adoption and Accounting Quality: A Review

European Accounting Review, Forthcoming

Number of pages: 45 Posted: 26 Aug 2007

Accepted Paper Series

Naomi S. Soderstrom and Kevin Jialin Sun

University of Melbourne and St. John's University

Downloads 10,413

34.

Accounting Conservatism, the Quality of Earnings, and Stock Returns

Number of pages: 39 Posted: 23 Jan 2000

Working Paper Series

Stephen H. Penman and Xiao-Jun Zhang

Columbia Business School - Department of Accounting and University of California, Berkeley

Downloads 10,299

35.

Just Say No to Wall Street: Putting a Stop to the Earnings Game

Journal of Applied Corporate Finance, Vol. 14, No. 4, pp. 41-46, Winter 2002

Number of pages: 7 Posted: 17 Jan 2002 Last Revised: 18 May 2013

Accepted Paper Series

Joseph Fuller and Michael C. Jensen

The Monitor Company and SSRN

There are 3 versions of this paper

Downloads 10,269

36.

Capital Markets Research in Accounting

JAE Rochester Conference April 2000

Number of pages: 145 Posted: 05 Dec 2000

Working Paper Series

S.P. Kothari

Massachusetts Institute of Technology (MIT) - Sloan School of Management

There are 2 versions of this paper

Downloads 10,091

37.

Value Creation and its Measurement: A Critical Look at EVA

Cuadernos de Administración, No. 22, pp. 7-31, June 2000,

Number of pages: 41 Posted: 19 May 1999 Last Revised: 01 Apr 2009

Accepted Paper Series

Ignacio Velez-Pareja

Grupo Consultor CAV Capital Advisory & Valuation

Downloads 9,850

38.

Did Fair-Value Accounting Contribute to the Financial Crisis?

Chicago Booth Research Paper 09-38, ECGI - Finance Working Paper No. 266/2009, Journal of Economic Perspectives, Forthcoming

Number of pages: 48 Posted: 15 Oct 2009 Last Revised: 15 Dec 2009

Working Paper Series

Christian Laux and Christian Leuz

Vienna University of Economics and Business and University of Chicago - Booth School of Business

There are 3 versions of this paper

Downloads 9,838

39.

Earnings Management and Corporate Governance: The Roles of the Board and the Audit Committee

Number of pages: 32 Posted: 22 Mar 2002

Working Paper Series

Biao Xie, Wallace N. Davidson III and Peter J. DaDalt

Southern Illinois University at Carbondale - Department of Finance, Southern Illinois University at Carbondale - Department of Finance and University of Rhode Island - Area of Finance and Insurance

There are 2 versions of this paper

Downloads 9,760

40.

The Promise and Perils of Credit Derivatives

University of Cincinnati Law Review, Vol. 75, p. 1019, 2007, U of Penn, Inst for Law & Econ Research Paper No. 06-22, U of Penn Law School, Public Law Working Paper No. 06-36, San Diego Legal Studies Paper No. 07-74

Number of pages: 33 Posted: 13 Sep 2006 Last Revised: 20 Mar 2010

Accepted Paper Series

David A. Skeel Jr. and Frank Partnoy

University of Pennsylvania Law School and University of San Diego School of Law

Downloads 9,645

41.

Separating Winners from Losers among Low Book-to-Market Stocks using Financial Statement Analysis

Number of pages: 46 Posted: 05 May 2003

Working Paper Series

Partha S. Mohanram

University of Toronto - Rotman School of Management

Downloads 9,462

42.

Can Hedge-Fund Returns Be Replicated?: The Linear Case

Number of pages: 54 Posted: 27 Aug 2006

Working Paper Series

Jasmina Hasanhodzic and Andrew W. Lo

Babson College - Finance Division and Massachusetts Institute of Technology (MIT) - Sloan School of Management

There are 2 versions of this paper

Downloads 9,345

43.

The Long-Term Effects of Hedge Fund Activism

Harvard Law School John M. Olin Center Discussion Paper No. 802, Columbia Law Review, Vol. 115, 2015, pp. 1085-1156, Columbia Business School Research Paper No. 13-66

Number of pages: 77 Posted: 07 Aug 2013 Last Revised: 02 Jul 2015

Accepted Paper Series

Lucian A. Bebchuk, Alon Brav and Wei Jiang

Harvard Law School, Duke University - Fuqua School of Business and Columbia Business School - Finance and Economics

There are 2 versions of this paper

Downloads 9,296

44.

A Generalized Earnings Model of Stock Valuation

Number of pages: 37 Posted: 18 Jul 1998

Working Paper Series

Andrew Ang and Jun Liu

BlackRock, Inc and University of California, San Diego (UCSD) - Rady School of Management

Downloads 9,223

45.

Market Value Calculation and the Solution of Circularity Between Value and the Weighted Average Cost of Capital WACC (A Note on the Weighted Average Cost of Capital WACC)

Revista de Administração Mackenzie (RAM), Vol. 10, No. 6, November-December 2009,

Number of pages: 62 Posted: 08 Feb 2001 Last Revised: 17 Feb 2016

Accepted Paper Series

Ignacio Velez-Pareja and Joseph Tham

Grupo Consultor CAV Capital Advisory & Valuation and Duke University - Duke Center for International Development in the Sanford School of Public Policy

Downloads 9,175

46.

Information Asymmetry, Corporate Disclosure and the Capital Markets: A Review of the Empirical Disclosure Literature

JAE Rochester Conference April 2000

Number of pages: 60 Posted: 01 Feb 2001

Working Paper Series

Paul M. Healy and Krishna Palepu

Harvard Business School and Harvard University - Harvard Business School

There are 2 versions of this paper

Downloads 9,099

47.

Information in Accruals About the Quality of Earnings

Number of pages: 52 Posted: 16 Aug 2001

Working Paper Series

Scott A. Richardson, Richard G. Sloan, Mark T. Soliman and A. Irem Tuna

AQR Capital Management, LLC, University of California, Berkeley - Accounting Group, University of Southern California - Marshall School of Business and London Business School

Downloads 9,025

48.