Scott A. Richardson

AQR Capital Management, LLC

Greenwich, CT

United States

London Business School

Sussex Place

Regent's Park

London, London NW1 4SA

United Kingdom

SCHOLARLY PAPERS

47

DOWNLOADS
Rank 62

SSRN RANKINGS

Top 62

in Total Papers Downloads

93,621

CITATIONS
Rank 382

SSRN RANKINGS

Top 382

in Total Papers Citations

1,160

Scholarly Papers (47)

1.

Information in Accruals About the Quality of Earnings

Number of pages: 52 Posted: 16 Aug 2001
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 8,591 (399)
Citation 21

Abstract:

Accruals; Growth; Efficiency; Abnormal returns

2.

How Important is Corporate Governance?

Number of pages: 77 Posted: 28 Sep 2004
David F. Larcker, Scott A. Richardson and A. Irem Tuna
Stanford University - Graduate School of Business, AQR Capital Management, LLC and London Business School
Downloads 7,874 (418)
Citation 48

Abstract:

Corporate governance

3.

Accrual Reliability, Earnings Persistence and Stock Prices

Journal of Accounting & Economics, Vol. 39, No. 3, September 2005
Number of pages: 65 Posted: 28 Mar 2004
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 6,233 (603)
Citation 159

Abstract:

Accruals, reliability, earnings persistence, capital markets, market efficiency

4.

Predicting Earnings Management: The Case of Earnings Restatements

Number of pages: 41 Posted: 30 Jan 2003
Scott A. Richardson, A. Irem Tuna and Min Wu
AQR Capital Management, LLC, London Business School and Morgan Stanley
Downloads 5,788 (683)
Citation 69

Abstract:

voluntary disclosure, capacity competition, price competition, strategic interactions

5.

Corporate Governance, Accounting Outcomes, and Organizational Performance

Accounting Review, October 2007
Number of pages: 71 Posted: 30 Mar 2007
David F. Larcker, Scott A. Richardson and A. Irem Tuna
Stanford University - Graduate School of Business, AQR Capital Management, LLC and London Business School
Downloads 4,422 (1,190)
Citation 121

Abstract:

corporate governance, earnings quality, firm performance, principal component analysis, recursive partitioning

6.

Earnings Quality and Financial Reporting Credibility: An Empirical Investigation

Number of pages: 42 Posted: 22 Aug 1999
Mark T Bradshaw, Scott A. Richardson and Richard G. Sloan
Boston College, AQR Capital Management, LLC and University of California, Berkeley - Accounting Group
Downloads 4,238 (1,401)
Citation 13

Abstract:

7.

External Financing and Future Stock Returns

Rodney L. White Center for Financial Research Working Paper No. 03-03
Number of pages: 58 Posted: 03 Apr 2003
Scott A. Richardson and Richard G. Sloan
AQR Capital Management, LLC and University of California, Berkeley - Accounting Group
Downloads 3,296 (2,128)
Citation 37

Abstract:

External financing, Capital structure, Capital markets, Market efficiency

The Implications of Accounting Distortions and Growth for Accruals and Profitability

Number of pages: 53 Posted: 26 Mar 2004
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 2,612 (3,495)
Citation 32

Abstract:

Accruals, earnings management, conservative accounting, aggressive accounting

The Implications of Accounting Distortions and Growth for Accruals and Profitability

Accounting Review, May 2006
Posted: 14 Dec 2005
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

Abstract:

accruals, earnings management, conservative accounting, aggressive accounting

The Book-to-Price Effect in Stock Returns: Accounting for Leverage

Number of pages: 64 Posted: 30 Aug 2005
Stephen H. Penman, Scott A. Richardson and A. Irem Tuna
Columbia Business School - Department of Accounting, AQR Capital Management, LLC and London Business School
Downloads 2,447 (3,891)
Citation 33

Abstract:

Book-to-price, Leverage, Enterprise book-to-price, Stock Returns

The Book-to-Price Effect in Stock Returns: Accounting for Leverage

Journal of Accounting Research, Vol. 45, No. 2, pp. 427-467, May 2007
Number of pages: 42 Posted: 11 Dec 2007
Stephen H. Penman, Scott A. Richardson and A. Irem Tuna
Columbia Business School - Department of Accounting, AQR Capital Management, LLC and London Business School
Downloads 26 (430,705)
Citation 33
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Abstract:

10.

The Persistence and Pricing of the Cash Component of Earnings

20th Australasian Finance & Banking Conference 2007 Paper
Number of pages: 47 Posted: 03 Jan 2005
Patricia M. Dechow, Scott A. Richardson and Richard G. Sloan
University of Southern California - Leventhal School of Accounting, AQR Capital Management, LLC and University of California, Berkeley - Accounting Group
Downloads 2,450 (3,676)
Citation 33

Abstract:

Accruals, free cash flow, capital markets, earnings persistence

Stock market anomalies: What can we learn from repurchases and insider trading?

Number of pages: 41 Posted: 20 Apr 2004
John E. Core, Wayne R. Guay, Scott A. Richardson and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department, AQR Capital Management, LLC and Massachusetts Institute of Technology (MIT)
Downloads 2,335 (4,227)
Citation 14

Abstract:

Accruals, SUE, share repurchases, insider trading

Stock Market Anomalies: What Can We Learn from Repurchases and Insider Trading?

Review of Accounting Studies, Vol. 11, No. 1, pp. 49-70, 2006
Posted: 11 Aug 2005 Last Revised: 23 Jan 2012
John E. Core, Wayne R. Guay, Scott A. Richardson and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department, AQR Capital Management, LLC and Massachusetts Institute of Technology (MIT)

Abstract:

Accruals, SUE, share repurchases, insider trading

12.

Tracking Analysts' Forecasts over the Annual Earnings Horizon: Are Analysts' Forecasts Optimistic or Pessimistic?

Number of pages: 45 Posted: 21 Jul 1999
Scott A. Richardson, Siew Hong Teoh and Peter D. Wysocki
AQR Capital Management, LLC, University of California Irvine, Paul Merage School of Business and Boston University Questrom School of Business
Downloads 2,333 (3,782)
Citation 32

Abstract:

13.

Over-Investment of Free Cash Flow

Review of Accounting Studies, 2006
Number of pages: 49 Posted: 21 Feb 2006
Scott A. Richardson
AQR Capital Management, LLC
Downloads 2,189 (3,634)
Citation 56

Abstract:

Free cash flow, investment, governance

14.

Pump and Dump: An Empirical Analysis of the Relation Between Corporate Financing Activities and Sell-side Analyst Research

Number of pages: 43 Posted: 22 May 2003
Mark T Bradshaw, Scott A. Richardson and Richard G. Sloan
Boston College, AQR Capital Management, LLC and University of California, Berkeley - Accounting Group
Downloads 2,148 (4,365)
Citation 33

Abstract:

External Financing, Sell-side Analysts, Capital Markets, Market Efficiency

15.

Are Benchmark Beaters Doing Anything Wrong?

Number of pages: 48 Posted: 24 Apr 2000
Patricia M. Dechow, Scott A. Richardson and A. Irem Tuna
University of Southern California - Leventhal School of Accounting, AQR Capital Management, LLC and London Business School
Downloads 1,876 (5,901)
Citation 17

Abstract:

Earnings management, accruals, benchmark

16.

The Walkdown to Beatable Analyst Forecasts: The Roles of Equity Issuance and Insider Trading Incentives

MIT Sloan Working Paper No. 4221-01; AFA 2002 Atlanta Meetings
Number of pages: 44 Posted: 19 Sep 2001
Scott A. Richardson, Siew Hong Teoh and Peter D. Wysocki
AQR Capital Management, LLC, University of California Irvine, Paul Merage School of Business and Boston University Questrom School of Business
Downloads 1,761 (6,410)
Citation 66

Abstract:

Analyst forecasts; Benchmark beating; Pessimism; Optimism; Walkdown; Equity issuance; Insider trading; Earnings guidance; Disclosure; Earnings surprise; Forecast error

17.
Downloads 1,708 ( 7,464)
Citation 167

Does Investor Misvaluation Drive the Takeover Market?

EFA 2003 Annual Conference Paper No. 652, Dice Center Working Paper No. 2003-7
Number of pages: 44 Posted: 01 May 2003 Last Revised: 13 Dec 2008
Ming Dong, David A. Hirshleifer, Scott A. Richardson and Siew Hong Teoh
York University - Schulich School of Business, University of California, Irvine - Paul Merage School of Business, AQR Capital Management, LLC and University of California Irvine, Paul Merage School of Business
Downloads 1,708 (7,310)
Citation 167

Abstract:

takeovers, misvaluation, market efficiency, behavioral finance

Does Investor Misvaluation Drive the Takeover Market?

Journal of Finance, Vol. 61, No. 2, pp. 725-762, April 2006
Posted: 06 Oct 2008 Last Revised: 19 Oct 2008
Ming Dong, David A. Hirshleifer, Scott A. Richardson and Siew Hong Teoh
York University - Schulich School of Business, University of California, Irvine - Paul Merage School of Business, AQR Capital Management, LLC and University of California Irvine, Paul Merage School of Business

Abstract:

takeovers, misvaluation, market efficiency, behavioral finance

18.

Corporate Governance, Fees for Non-audit Services and Accrual Choices

Number of pages: 51 Posted: 05 May 2003
David F. Larcker and Scott A. Richardson
Stanford University - Graduate School of Business and AQR Capital Management, LLC
Downloads 1,618 (7,773)
Citation 13

Abstract:

corporate governance, earnings quality, accruals, audit quality, non-audit services

What Makes Stock Prices Move? Fundamentals vs. Investor Recognition

Number of pages: 37 Posted: 17 Feb 2011 Last Revised: 23 Apr 2014
Scott A. Richardson, Richard G. Sloan and Haifeng You
AQR Capital Management, LLC, University of California, Berkeley - Accounting Group and Hong Kong University of Science & Technology (HKUST) - Department of Accounting
Downloads 1,607 (8,024)
Citation 4

Abstract:

stock returns, fundamental analysis, investor recognition

What Makes Stock Prices Move? Fundamentals vs. Investor Recognition

Financial Analysts Journal, Vol. 68, No. 2, 2012
Posted: 26 Mar 2012
Scott A. Richardson, Richard G. Sloan and Haifeng You
AQR Capital Management, LLC, University of California, Berkeley - Accounting Group and Hong Kong University of Science & Technology (HKUST) - Department of Accounting

Abstract:

Equity Investments, Equity Market Valuation and Return Analysis, Fundamental Analysis (Sector, Industry, Company) and the Valuation of Individual Equity Securities, Portfolio Management, Equity Portfolio Management Strategies

20.

Back Door Links Between Directors and Executive Compensation

Number of pages: 53 Posted: 26 Feb 2005
David F. Larcker, Scott A. Richardson, Andrew Seary and A. Irem Tuna
Stanford University - Graduate School of Business, AQR Capital Management, LLC, Simon Fraser University (SFU) - School of Communication and London Business School
Downloads 1,606 (7,493)
Citation 32

Abstract:

Interlocks, executive compensation, network analysis

21.

Macro to Micro: Country Exposures, Firm Fundamentals and Stock Returns

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 55 Posted: 07 Mar 2012 Last Revised: 24 Apr 2014
Ningzhong Li, Scott A. Richardson and A. Irem Tuna
University of Texas at Dallas, AQR Capital Management, LLC and London Business School
Downloads 1,539 (5,966)
Citation 3

Abstract:

macroeconomic exposures, earnings, stock returns, geographic segments, Consensus Economics

22.

Accounting Anomalies and Fundamental Analysis: A Review of Recent Research Advances

Number of pages: 142 Posted: 16 Feb 2011
Scott A. Richardson, Peter D. Wysocki and A. Irem Tuna
AQR Capital Management, LLC, Boston University Questrom School of Business and London Business School
Downloads 1,382 (7,362)
Citation 28

Abstract:

Accruals, Anomalies, Forecasting, Fundamental Analysis, Market

23.

Balance Sheet Information and Future Stock Returns

Number of pages: 17 Posted: 23 Jul 2006
Scott A. Richardson, Richard G. Sloan and A. Irem Tuna
AQR Capital Management, LLC, University of California, Berkeley - Accounting Group and London Business School
Downloads 1,207 (11,427)
Citation 2

Abstract:

accounting information, balance sheet, market efficiency

24.

The Relation Between Corporate Financing Activities, Analysts' Forecasts and Stock Returns

Journal of Accounting and Economics, Forthcoming
Number of pages: 59 Posted: 25 May 2006
Mark T Bradshaw, Scott A. Richardson and Richard G. Sloan
Boston College, AQR Capital Management, LLC and University of California, Berkeley - Accounting Group
Downloads 1,165 (10,929)
Citation 78

Abstract:

Financing, Sell-side analysts, Capital markets, Market efficiency

25.

Accounting for Taste: Board Member Preferences and Corporate Policy Choices

MIT Sloan Working Paper No. 4307-03
Number of pages: 45 Posted: 08 May 2003
Scott A. Richardson, A. Irem Tuna and Peter D. Wysocki
AQR Capital Management, LLC, London Business School and Boston University Questrom School of Business
Downloads 987 (16,705)
Citation 6

Abstract:

Board of Directors, Corporate Governance, Corporate Policies, Disclosure

26.

Do Short Sale Transactions Precede Bad News Events?

Number of pages: 45 Posted: 13 May 2005
Holger Daske, Scott A. Richardson and A. Irem Tuna
University of Mannheim - Accounting and Taxation, AQR Capital Management, LLC and London Business School
Downloads 919 (16,989)
Citation 28

Abstract:

short selling, sophisticated investors, management forecasts, earnings announcements

27.

Accruals and Short Selling: An Opportunity Foregone?

EFMA Athens Working Paper
Number of pages: 36 Posted: 20 Aug 2000
Scott A. Richardson
AQR Capital Management, LLC
Downloads 902 (18,971)
Citation 2

Abstract:

Accruals, Returns, Short sellers

28.

The Credit Risk Premium

Number of pages: 50 Posted: 14 Feb 2015 Last Revised: 05 Aug 2016
Attakrit Asvanunt and Scott A. Richardson
AQR Capital Management, LLC and AQR Capital Management, LLC
Downloads 873 (3,444)

Abstract:

risk premium, credit risk, asset allocation

29.

An Accounting-Based Characteristic Model for Asset Pricing

Number of pages: 64 Posted: 30 Nov 2011 Last Revised: 10 Nov 2015
Columbia Business School - Department of Accounting, University of Zurich, AQR Capital Management, LLC and London Business School
Downloads 761 (11,876)

Abstract:

30.

Risky Value

Number of pages: 45 Posted: 17 Sep 2013 Last Revised: 19 Oct 2016
Atif Ellahie, Michael Katz and Scott A. Richardson
University of Utah - David Eccles School of Business, AQR Capital Management, LLC and AQR Capital Management, LLC
Downloads 695 (16,403)

Abstract:

equity premium, country returns, value, earnings growth, book-to-price, earnings yield, dividend yield

31.

Value Investing in Credit Markets

Review of Accounting Studies, Vol. 17, No. 3, 2012
Number of pages: 67 Posted: 04 Apr 2011 Last Revised: 16 Oct 2012
Maria M. Correia, Scott A. Richardson and A. Irem Tuna
London School of Economics and Political Science, AQR Capital Management, LLC and London Business School
Downloads 603 (21,973)
Citation 6

Abstract:

credit markets, CDS, bonds, default prediction

32.

Common factors in corporate bond returns

Forthcoming in the Journal of Investment Management
Number of pages: 51 Posted: 13 Mar 2015 Last Revised: 31 Aug 2017
Ronen Israel, Diogo Palhares and Scott A. Richardson
AQR Capital Management, LLC, AQR Capital Management, LLC and AQR Capital Management, LLC
Downloads 539 (3,221)

Abstract:

corporate bonds, mispricing

33.

Does Credible Mean Reliable? The Case Of Asset Revaluations

Number of pages: 36 Posted: 11 Dec 1999
Julie Cotter and Scott A. Richardson
University of Southern Queensland and AQR Capital Management, LLC
Downloads 454 (48,067)

Abstract:

34.

Deleveraging Risk

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 48 Posted: 27 Nov 2012 Last Revised: 26 Aug 2016
Scott A. Richardson, Pedro A. C. Saffi and Kari Sigurdsson
AQR Capital Management, LLC, University of Cambridge - Judge Business School and AQR Capital Management
Downloads 414 (30,471)

Abstract:

Deleveraging, equity lending, short selling, arbitrage capital, funding capital

35.

Asset Volatility

Number of pages: 85 Posted: 01 Dec 2013 Last Revised: 05 Sep 2017
Maria M. Correia, Johnny Kang and Scott A. Richardson
London School of Economics and Political Science, BlackRock, Inc and AQR Capital Management, LLC
Downloads 388 (22,576)

Abstract:

credit spreads, volatility, bankruptcy, default

36.

Credit Markets and Financial Information

Number of pages: 23 Posted: 23 Feb 2011
Scott A. Richardson and Stephen Lok
AQR Capital Management, LLC and Blackrock
Downloads 363 (53,579)
Citation 4

Abstract:

Information, Credit Markets, Capital Structure, CDS, Bonds

37.

Accruals and Future Performance: Can It be Attributed to Risk?

Review of Accounting Studies, Forthcoming
Number of pages: 58 Posted: 15 Dec 2012 Last Revised: 30 Jan 2015
Francesco Momentè, Francesco Reggiani and Scott A. Richardson
Bocconi University - Department of Accounting, University of Zurich and AQR Capital Management, LLC
Downloads 252 (63,815)

Abstract:

investment activity, accruals, profitability, stock returns, supply chain

38.

Asset Measurement Uncertainty and Credit Term Structure

Number of pages: 47 Posted: 06 Apr 2011
Navneet Arora, Scott A. Richardson and A. Irem Tuna
American Century Investments, AQR Capital Management, LLC and London Business School
Downloads 205 (99,547)
Citation 3

Abstract:

Prepayment Risk and Expected MBS Returns

Number of pages: 53 Posted: 09 Dec 2016 Last Revised: 06 Jul 2017
Peter Diep, Andrea L. Eisfeldt and Scott A. Richardson
AQR Capital Management, LLC, UCLA Anderson School of Management and AQR Capital Management, LLC
Downloads 81 (259,542)

Abstract:

Mortgages, Mortgage Backed Securities, Prepayment, Expected Returns

Prepayment Risk and Expected MBS Returns

NBER Working Paper No. w22851
Number of pages: 49 Posted: 21 Nov 2016
Peter Diep, Andrea L. Eisfeldt and Scott A. Richardson
AQR Capital Management, LLC, UCLA Anderson School of Management and AQR Capital Management, LLC
Downloads 9 (528,222)
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Abstract:

40.

Discussion of Consequences of Financial Reporting Failure for Outside Directors: Evidence from Accounting Restatements and Audit Committee Members

Journal of Accounting Research, Vol. 43, pp. 335-342, May 2005
Number of pages: 8 Posted: 08 May 2006
Scott A. Richardson
AQR Capital Management, LLC
Downloads 10 (501,232)
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Abstract:

41.

A Framework for Identifying Accounting Characteristics for Asset Pricing Models, with an Evaluation of Book-To-Price

Number of pages: 60 Posted: 04 May 2017
Columbia Business School - Department of Accounting, University of Zurich, AQR Capital Management, LLC and London Business School
Downloads 0 (131,036)

Abstract:

42.

Fees Paid to Audit Firms, Accrual Choices and Corporate Governance

Journal of Accounting Research, Vol. 42, No. 3, June 2004
Posted: 12 May 2004
David F. Larcker and Scott A. Richardson
Stanford University - Graduate School of Business and AQR Capital Management, LLC

Abstract:

Audit fees, auditor independence, accruals, corporate governance

43.

The Walk-Down to Beatable Analyst Forecasts: The Role of Equity Issuance and Insider Trading Incentives

Contemporary Accounting Research, Vol. 21, No. 4, pp. 885-924
Posted: 03 Mar 2004
Scott A. Richardson, Siew Hong Teoh and Peter D. Wysocki
AQR Capital Management, LLC, University of California Irvine, Paul Merage School of Business and Boston University Questrom School of Business

Abstract:

Earnings Announcement, Expectations Management, Insider Trading, Stock Options

44.

Why are Earnings Kinky? An Examination of the Earnings Management Explanation

Review of Accounting Studies, Vol. 8, pp. 355-384, June-September 2003
Posted: 22 Sep 2003
Patricia M. Dechow, Scott A. Richardson and A. Irem Tuna
University of Southern California - Leventhal School of Accounting, AQR Capital Management, LLC and London Business School

Abstract:

accruals, earnings distribution, discretionary accruals, earnings management

45.

Earnings Quality and Short Sellers

Accounting Horizons, pp. 49-61, Supplement 2003
Posted: 09 Jun 2003
Scott A. Richardson
AQR Capital Management, LLC

Abstract:

accruals, earnings quality, returns short sellers

46.

Reliability of Asset Revaluations: The Impact of Appraiser Independence

Review of Accounting Studies, Vol. 7, No. 4, pp. 435-457, December 2002
Posted: 31 Mar 2003
Julie Cotter and Scott A. Richardson
University of Southern Queensland and AQR Capital Management, LLC

Abstract:

asset revaluations, corporate governance, reliability

47.

Do Analysts and Auditors Use Information in Accruals?

Journal of Accounting Research, Vol. 39, No. 1, pp. 45-74, June 2001
Posted: 03 Dec 2001
Mark T Bradshaw, Scott A. Richardson and Richard G. Sloan
Boston College, AQR Capital Management, LLC and University of California, Berkeley - Accounting Group

Abstract:

Accruals, Analysts, Auditors, Capital markets