S.P. Kothari

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

Gordon Y Billard Professor of Management

E52-325

Cambridge, MA 02142

United States

SCHOLARLY PAPERS

61

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781

CROSSREF CITATIONS

857

Scholarly Papers (61)

1.

The Econometrics of Event Studies

Number of pages: 51 Posted: 25 Oct 2004
S.P. Kothari and Jerold B. Warner
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester – Simon Business School
Downloads 15,353 (216)
Citation 84

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Event studies, econometrics, surveys, accounting, corporate finance, market efficiency

Capital Markets Research in Accounting

JAE Rochester Conference April 2000
Number of pages: 145 Posted: 05 Dec 2000
S.P. Kothari
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 11,201 (396)
Citation 125

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Capital markets; Financial reporting; Fundamental analysis; Valuation; Market efficiency

Capital Markets Research in Accounting

Journal of Accounting & Economics, Vol. 31, Nos. 1-3, September 2001
Posted: 24 Oct 2001
S.P. Kothari
Massachusetts Institute of Technology (MIT) - Sloan School of Management

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Capital markets; Financial reporting; Fundamental analysis; Valuation; Market efficiency

3.

Stock Returns, Aggregate Earnings Surprises, and Behavioral Finance

MIT Sloan Working Paper No. 4284-03
Number of pages: 42 Posted: 10 Jan 2005 Last Revised: 24 Feb 2009
Dartmouth College - Tuck School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester – Simon Business School
Downloads 6,389 (1,106)
Citation 36

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Econometrics of the Basu Asymmetric Timeliness Coefficient and Accounting Conservatism

Chicago Booth Research Paper No. 09-16
Number of pages: 36 Posted: 13 Jul 2007 Last Revised: 19 Feb 2013
Ray Ball, S.P. Kothari and Valeri V. Nikolaev
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business
Downloads 5,411 (1,444)
Citation 44

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conditional conservatism, asymmetric timeliness, earnings

Econometrics of the Basu Asymmetric Timeliness Coefficient and Accounting Conservatism

Journal of Accounting Research, Forthcoming
Number of pages: 37 Posted: 02 Aug 2013
Ray Ball, S.P. Kothari and Valeri V. Nikolaev
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business
Downloads 522 (56,879)
Citation 5

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Conditional conservatism, Timely loss recognition, Basu model, Returns-earnings regressions, Earning respnse coefficients, Market-to-book ratio

Econometrics of the Basu Asymmetric Timeliness Coefficient and Accounting Conservatism

Journal of Accounting Research, Vol. 51, No. 5, 2013
Posted: 28 Nov 2013
Ray Ball, S.P. Kothari and Valeri V. Nikolaev
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business

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conditional conservatism, asymmetric timeliness, earnings

5.

The Role of Accounting in the Financial Crisis: Lessons for the Future

Number of pages: 31 Posted: 15 Dec 2011
S.P. Kothari and Rebecca Lester
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Stanford Graduate School of Business
Downloads 5,595 (1,384)
Citation 5

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financial crisis, securitization, fair value, incentives

6.

The Effect of International Institutional Factors on Properties of Accounting Earnings

University of Rochester Working Paper FR 99-12
Number of pages: 49 Posted: 15 Sep 1999
Ray Ball, S.P. Kothari and Ashok Robin
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Rochester Institute of Technology (RIT)
Downloads 5,589 (1,388)
Citation 85

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7.

Testing Behavioral Finance Theories Using Trends and Sequences in Financial Performance

MIT Sloan Working Paper No. 4375-02
Number of pages: 44 Posted: 20 Aug 2002
Acadian Asset Management, Washington University in Saint Louis - Olin Business School and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 4,713 (1,882)
Citation 20

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8.
Downloads 4,472 ( 2,064)
Citation 28

How Much Do Firms Hedge with Derivatives?

AFA 2002 Atlanta Meetings
Number of pages: 58 Posted: 27 Mar 2001
Wayne R. Guay and S.P. Kothari
University of Pennsylvania - Accounting Department and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 2,643 (4,962)
Citation 29

Abstract:

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derivatives, hedging, risk management, risk exposure

How Much Do Firms Hedge with Derivatives?

Number of pages: 52 Posted: 13 Dec 2000
Wayne R. Guay and S.P. Kothari
University of Pennsylvania - Accounting Department and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,829 (9,206)

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Derivatives; Hedging; Risk management; Exposure

How Much Do Firms Hedge with Derivatives?

Journal of Financial Economics, Forthcoming
Posted: 31 Mar 2003
Wayne R. Guay and S.P. Kothari
University of Pennsylvania - Accounting Department and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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risk management, derivatives instruments, hedging

Performance Matched Discretionary Accrual Measures

Simon School of Business Working Paper No. FR 01-04; MIT Sloan Working Paper No. 4335-01
Number of pages: 47 Posted: 29 Mar 2001
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University and Simon School, University of Rochester
Downloads 4,295 (2,190)
Citation 173

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Earnings Management, Discretionary Accruals, Performance Matching

Performance Matched Discretionary Accrual Measures

Journal of Accounting & Economics, Vol. 39, No. 1, 2005
Posted: 10 Mar 2004
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Northwestern University and Simon School, University of Rochester

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Discretionary accruals, earnings management, performance matching, discretionary-accruals models

10.

Implications for GAAP from an Analysis of Positive Research in Accounting

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 126 Posted: 03 Jun 2009 Last Revised: 17 Sep 2010
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Harvard University - Business School (HBS) and The University of Chicago - Booth School of Business
Downloads 4,177 (2,334)
Citation 24

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11.

Evaluating Mutual Fund Performance

Number of pages: 46 Posted: 13 Apr 1998
S.P. Kothari and Jerold B. Warner
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester – Simon Business School
Downloads 4,168 (2,343)
Citation 19

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12.

Properties of Implied Cost of Capital Using Analysts' Forecasts

Australian Journal of Management, Vol. 36, p. 125, 2011
Number of pages: 26 Posted: 15 Sep 2003 Last Revised: 17 Aug 2012
Wayne R. Guay, S.P. Kothari and Susan Shu
University of Pennsylvania - Accounting Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Boston College - Carroll School of Management
Downloads 2,979 (4,136)
Citation 56

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Cost of Capital, Implied Cost of Capital, Analysts' Forecasts, Discount Rate

13.
Downloads 2,790 ( 4,654)
Citation 31

The Benefits of Financial Statement Comparability

Number of pages: 54 Posted: 11 Sep 2008 Last Revised: 15 Mar 2011
Gus De Franco, S.P. Kothari and Rodrigo S. Verdi
Tulane University - A.B. Freeman School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)
Downloads 2,790 (4,559)
Citation 30

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Earnings Quality, Analysts, Earnings Attributes

The Benefits of Financial Statement Comparability

Journal of Accounting Research, Vol. 49, No. 4, pp. 895-931, 2011
Posted: 19 Mar 2011 Last Revised: 23 Jan 2012
Gus De Franco, S.P. Kothari and Rodrigo S. Verdi
Tulane University - A.B. Freeman School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)

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Earnings Quality, Analysts, Earnings Attributes

14.

Do Managers Withhold Bad News?

Journal of Accounting Research, Forthcoming
Number of pages: 54 Posted: 21 Sep 2005 Last Revised: 27 Apr 2012
S.P. Kothari, Susan Shu and Peter D. Wysocki
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Boston College - Carroll School of Management and Boston University Questrom School of Business
Downloads 2,462 (5,695)
Citation 42

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Bad News, Conservatism, Disclosure

The Economic Dilution of Employee Stock Options: Diluted Eps for Valuation and Financial Reporting

Number of pages: 44 Posted: 27 Oct 1999
John E. Core, Wayne R. Guay and S.P. Kothari
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 2,378 (5,905)
Citation 6

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The Economic Dilution of Employee Stock Options: Diluted Eps for Valuation and Financial Reporting

The Accounting Review, Forthcoming
Posted: 26 Mar 2002
John E. Core, Wayne R. Guay and S.P. Kothari
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Accounting Department and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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Employee stock options, Dilution, Diluted earnings per share, Earnings response coefficients, Equity valuation

16.

Agency Theory of Overvalued Equity as an Explanation for the Accrual Anomaly

Number of pages: 64 Posted: 28 Dec 2005
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Virginia - Darden School of Business and University of Chicago Booth School of Business
Downloads 2,161 (7,080)
Citation 39

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accrual anomaly; earnings management; agency theory of overvalued equity

17.

Capitalization Versus Expensing: Evidence on the Uncertainty of Future Earnings from Current Investments in Pp&E Versus R&D

Simon School of Business Working Paper FR 99-02
Number of pages: 32 Posted: 02 Feb 1999
S.P. Kothari, Ted E. Laguerre and Andrew J. Leone
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Analysis Group, Inc. and Northwestern University
Downloads 2,137 (7,226)
Citation 114

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18.

Determinants of the Informativeness of Analyst Research

MIT Sloan Working Paper No. 4243-02
Number of pages: 54 Posted: 19 Apr 2002
Richard M. Frankel, S.P. Kothari and Joseph Weber
Washington University in Saint Louis - Olin Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 1,958 (8,399)
Citation 66

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Analyst, Forecast, Analyst Forecast, Earnings Forecast, Informativeness, Market Efficiency

19.

On Estimating Conditional Conservatism

Forthcoming, The Accounting Review
Number of pages: 56 Posted: 12 Feb 2011 Last Revised: 03 Dec 2012
Ray Ball, S.P. Kothari and Valeri V. Nikolaev
University of Chicago - Booth School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business
Downloads 1,907 (8,796)
Citation 39

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conditional conservatism, asymmetric timeliness, earnings

Generating Superior Performance in Private Equity: A New Investment Methodology

Journal Of Investment Management, Forthcoming
Number of pages: 22 Posted: 21 Feb 2013 Last Revised: 16 Aug 2014
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and PCRI, Harvard Business School
Downloads 1,267 (16,427)

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private equity funds, buyout funds, portfolio management, modern portfolio theory, asset allocation, alternative investments

Generating Superior Performance in Private Equity: A New Investment Methodology

Journal Of Investment Management (JOIM); Third Quarter 2013
Number of pages: 22 Posted: 01 Oct 2013 Last Revised: 10 Mar 2017
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and PCRI, Harvard Business School
Downloads 140 (224,981)

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Private equity, fund performance, efficient frontier, portfolio theory

21.

Economics of Accounting Earnings

Number of pages: 217 Posted: 06 May 2018 Last Revised: 19 Dec 2019
Richard M. Frankel, S.P. Kothari and Luo Zuo
Washington University in Saint Louis - Olin Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 1,402 (14,352)

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imperfect and incomplete markets, information asymmetry, incentive conflicts, shareholder wealth, earning-return relation, market efficiency

22.

Beta and Book-to-Market: Is the Glass Half Full or Half Empty?

Simon School of Business Working Paper FR 97-20
Number of pages: 12 Posted: 21 Sep 1998
S.P. Kothari and Jay A. Shanken
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Emory University - Goizueta Business School
Downloads 1,379 (14,723)
Citation 6

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23.

The Effect of Disclosures by Management, Analysts, and Financial Press on Cost of Capital, Return Volatility, and Analyst Forecasts: A Study Using Content Analysis

Number of pages: 73 Posted: 01 Apr 2008
S.P. Kothari, Xu Li and James E. Short
Massachusetts Institute of Technology (MIT) - Sloan School of Management, School of Business and San Diego Supercomputer Center, UC San Diego
Downloads 1,339 (15,390)
Citation 60

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Content Analysis of Disclosure, Cost of Capital

24.

The Behavior of Aggregate Corporate Investment

Simon Business School Working Paper No. FR 14-18
Number of pages: 43 Posted: 19 Oct 2014 Last Revised: 07 Jan 2015
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Dartmouth College - Tuck School of Business and University of Rochester – Simon Business School
Downloads 1,296 (16,186)
Citation 24

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Investment, stock returns, profits, interest rates, uncertainty

25.
Downloads 919 ( 26,944)
Citation 9

Analysts’ Forecasts and Asset Pricing: A Survey

Number of pages: 46 Posted: 16 Mar 2016
S.P. Kothari, Eric C. So and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)
Downloads 919 (26,511)
Citation 9

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Analysts’ Forecasts and Asset Pricing: A Survey

Annual Review of Financial Economics, Vol. 8, pp. 197-219, 2016
Posted: 18 Nov 2016
S.P. Kothari, Eric C. So and Rodrigo S. Verdi
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT)

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26.

Why Do Large Positive Non-GAAP Earnings Adjustments Predict Abnormally High CEO Pay?

Number of pages: 54 Posted: 06 Sep 2017 Last Revised: 30 Jan 2020
Nicholas M. Guest, S.P. Kothari and Robert Pozen
Cornell University - Samuel Curtis Johnson Graduate School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 909 (27,376)
Citation 8

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Non-GAAP earnings, CEO pay, performance evaluation, corporate governance

Long-Term Impact of Economic Conditions on Auditors’ Judgment

The Accounting Review, Forthcoming
Number of pages: 54 Posted: 05 Jan 2017 Last Revised: 03 Oct 2018
Xianjie He, S.P. Kothari, Tusheng Xiao and Luo Zuo
Shanghai University of Finance and Economics - School of Accountancy, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Central University of Finance and Economics and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 686 (39,785)
Citation 4

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economic condition; audit adjustment; imprinting

Long-Term Impact of Economic Conditions on Auditors’ Judgment

The Accounting Review, Forthcoming
Number of pages: 54 Posted: 21 Feb 2018 Last Revised: 03 Oct 2018
Xianjie He, S.P. Kothari, Tusheng Xiao and Luo Zuo
Shanghai University of Finance and Economics - School of Accountancy, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Central University of Finance and Economics and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 135 (231,617)
Citation 6

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economic condition; audit adjustment; imprinting

The Advantages of Using Earnings for Compensation: Matching Delivered Performance

Number of pages: 31 Posted: 31 Aug 2000
University of Rochester - Simon School (Deceased), New York University (NYU) - Department of Accounting and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 703 (38,485)
Citation 3

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The Advantages of Using Earnings for Compensation: Matching Delivered Performance

NYU Working Paper No. 2451/27483
Number of pages: 31 Posted: 08 Oct 2008
Michael J. Barclay, Dan Gode and S.P. Kothari
University of Rochester - Simon School (Deceased), affiliation not provided to SSRN and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 107 (275,757)
Citation 2

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29.

Implications of Data Restrictions on Performance Measurement and Tests of Rational Pricing

EFA 0174
Number of pages: 41 Posted: 29 Nov 1999
S.P. Kothari, Jowell S. Sabino and Tzachi Zach
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) and Ohio State University (OSU) - Fisher College of Business
Downloads 714 (38,213)
Citation 19

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30.

Flight-To-Earnings: The Role of Earnings in Periods of Capital Scarcity

Number of pages: 49 Posted: 10 Mar 2017 Last Revised: 30 Jan 2020
Nicholas M. Guest, S.P. Kothari and Eric C. So
Cornell University - Samuel Curtis Johnson Graduate School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 420 (75,142)
Citation 1

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Dividends, Earnings, Capital Scarcity, Active Investors

31.

Determinants of Management Ownership of Unrestricted Equity: Overconfidence Versus Tax Explanations

EFA 2005 Moscow Meetings Paper
Number of pages: 55 Posted: 10 Mar 2005
Li Jin and S.P. Kothari
Harvard Business School - Finance Unit and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 418 (75,608)
Citation 1

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Executive compensation, taxation, overconfidence, behavioral finance, institutional investors

32.

The Effect of Industrial Sector Transparency on Bank Risk-taking and Banking System Fragility

Number of pages: 72 Posted: 31 Aug 2012 Last Revised: 04 Jan 2013
Sudarshan Jayaraman and S.P. Kothari
University of Rochester - Simon Business School and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 348 (93,441)
Citation 4

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Transparency, banks, risk-taking, crises, bank fragility

33.

Commemorating the Fifty-Year Anniversary of Ball and Brown (1968): The Evolution of Capital Market Research over the Past Fifty Years

Number of pages: 66 Posted: 10 Jul 2019
S.P. Kothari and Charles E. Wasley
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Simon School, University of Rochester
Downloads 311 (105,787)

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Ball and Brown, earnings, earnings-return relation, earnings usefulness, earnings timeliness, asymmetric timeliness, conservatism, association study, event study, information content, value relevance, positive economics, efficient markets hypothesis, market efficiency, post-announcement drift

34.

Effect of Personal Taxes on Managers' Decision to Sell Unrestricted Equity

Number of pages: 41 Posted: 19 Dec 2005
Li Jin and S.P. Kothari
Harvard Business School - Finance Unit and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 309 (106,508)
Citation 3

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Executive Compensation, Taxation, Overconfidence, Behavioral Finance, Institutional investors

35.

Asymmetric Returns and the Economic Content of Accruals and Investment

Number of pages: 34 Posted: 01 May 2018
ESADE Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Cyprus University of Technology and University of Cyprus - Department of Public and Business Administration
Downloads 297 (111,296)

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investment and accruals, volatility, growth options, nonlinear equity value, asymmetric returns, idiosyncratic skewness, anomalies

36.

Industry-Specific Knowledge Transfer in Audit Firms: Evidence from Audit Firm Mergers in China

Number of pages: 58 Posted: 08 Aug 2018 Last Revised: 13 Apr 2020
Xianjie He, S.P. Kothari, Tusheng Xiao and Luo Zuo
Shanghai University of Finance and Economics - School of Accountancy, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Central University of Finance and Economics and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 270 (122,996)
Citation 1

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Knowledge Transfer, Audit Firm Merger, Industry Expertise, Audit Quality

37.

Cross-Border Financing by the Industrial Sector Increases Competition in the Domestic Banking Sector

Accounting Review, Forthcoming
Number of pages: 51 Posted: 12 Jul 2015
Sudarshan Jayaraman and S.P. Kothari
University of Rochester - Simon Business School and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 175 (186,194)
Citation 1

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Bank competition, cross border financing, foreign portfolio investment, bank risk taking

38.

Capture and Competition

Simon Business School Working Paper No. FR-16-13
Number of pages: 47 Posted: 25 Nov 2016
University of Rochester - Simon Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University - Business School (HBS)
Downloads 171 (189,910)

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Regulatory Capture, Product Market Competition, Inversions

Properties of Implied Cost of Capital Using Analysts’ Forecasts

Australian Journal of Management, Vol. 36, No. 2, 2011
Number of pages: 26 Posted: 24 Oct 2011 Last Revised: 17 Aug 2012
Wayne R. Guay, S.P. Kothari and Susan Shu
University of Pennsylvania - Accounting Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Boston College - Carroll School of Management
Downloads 143 (221,061)
Citation 2

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Properties of Implied Cost of Capital Using Analysts’ Forecasts

Australian Journal of Management, Vol. 36, No. 2, 2011
Number of pages: 26 Posted: 05 May 2011 Last Revised: 17 Aug 2012
Wayne R. Guay, S.P. Kothari and Susan Shu
University of Pennsylvania - Accounting Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Boston College - Carroll School of Management
Downloads 25 (548,763)

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implied cost of capital, earnings forecasts, expected returns, analysts’ forecasts

40.

Gains from Markowitz Optimization: Evidence from Re-Optimization of Mutual Fund Holdings

Number of pages: 44 Posted: 06 Jan 2019
Tony Elavia, S.P. Kothari, Xu Li and Haifeng You
Mackenzie Investments, Massachusetts Institute of Technology (MIT) - Sloan School of Management, The University of Hong Kong and Hong Kong University of Science & Technology (HKUST) - Department of Accounting
Downloads 130 (237,808)

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mutual fund; risk optimization; portfolio management; expected returns.

41.

Ex-Post Equity Awards and Measurement of the Pay-Performance Relation

Number of pages: 32 Posted: 28 Apr 2020
S.P. Kothari and Georg Rickmann
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 32 (494,820)

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executive compensation; pay-performance relation; equity compensation

42.

Commemorating the 50‐Year Anniversary of Ball and Brown (1968): The Evolution of Capital Market Research over the Past 50 Years

Journal of Accounting Research, Volume 57, Issue 5, December 2019
Posted: 09 Mar 2020
S.P. Kothari and Charles E. Wasley
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Simon School, University of Rochester

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Ball and Brown; earnings; earnings-return relation; earnings usefulness; earnings timeliness; asymmetric timeliness; conservatism; association study; event study; information content; value relevance; positive economics; efficient markets hypothesis; market efficiency

43.

Managing for the Moment: The Role of Earnings Management via Real Activities versus Accruals in SEO Valuation

Accounting Review, Forthcoming
Posted: 10 Jan 2012 Last Revised: 31 May 2015
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Washington and Boston College

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Earnings Management, Discretionary Accruals, Real Activity Manipulation, Seasoned Equity Offering, SEO Overvaluation, SEO Return Reversal, Earnings Management Opacity

44.

The Relation between Earnings and Cash Flows

Journal of Accounting & Economics, Vol. 25, 1998
Posted: 06 Sep 2006
Patricia Dechow, S.P. Kothari and Ross L. Watts
USC Marshall School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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Accruals, cash flows, earnings, correlations

45.

Implications of Survival and Data Trimming for Tests of Market Efficiency

Journal of Accounting and Economics, Forthcoming
Posted: 14 Sep 2004
S.P. Kothari, Jowell S. Sabino and Tzachi Zach
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) and Ohio State University (OSU) - Fisher College of Business

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Capital markets, Market efficiency

46.

Asset Allocation with Inflation-Protected Bonds

Financial Analysts Journal, Vol. 60, No. 1, pp. 54-70, January/February 2004
Posted: 13 Feb 2004
S.P. Kothari and Jay A. Shanken
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Emory University - Goizueta Business School

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Portfolio Management, asset allocation, Debt Investments, return or yield measures, Economics

47.

Investment Banking and Analyst Objectivity: Evidence from Analysts Affiliated With M&A Advisors

Journal of Financial and Quantitative Analysis (JFQA), Vol. 43, No. 4, 2008
Posted: 12 Feb 2004 Last Revised: 03 Feb 2009
Adam C. Kolasinski and S.P. Kothari
Texas A&M University - Department of Finance and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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Corporate Finance, Investment Banking, Analysts, Conflict of Interest

48.

Accounting for Employee Stock Options

American Economic Review, Forthcoming
Posted: 07 Mar 2003
Wayne R. Guay, S.P. Kothari and Richard G. Sloan
University of Pennsylvania - Accounting Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Southern California - Leventhal School of Accounting

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Accounting for Employee Stock Options, Stock Option Expense, Diluted Earnings Per Share

49.

Time-Series Coefficient Variation in Value-Relevance Regressions: A Discussion of Core, Guay, and Van Buskirk and New Evidence

Journal of Accounting & Economics, Vol. 34, Nos. 1-3, pp. 69-87, January 2003
Posted: 05 Nov 2002
S.P. Kothari and Jay A. Shanken
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Emory University - Goizueta Business School

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Value Relevance, Correlated Omitted Variable Bias, Growth Expectations and Discount Rates

50.

Capitalization Versus Expensing: Evidence on the Uncertainty of Future Earnings from Capital Expenditures Versus R&D Outlays

Review of Accounting Studies, December 2002
Posted: 17 Feb 2002
S.P. Kothari, Ted E. Laguerre and Andrew J. Leone
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Analysis Group, Inc. and Northwestern University

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R&D; Capitalization

51.

Are Corporations Reducing or Taking Risks with Derivatives?

Journal of Financial and Quantitative Analysis, March 2001
Posted: 18 Jan 2001
Ludger Hentschel and S.P. Kothari
Alternative Risk Premia Investments and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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52.

Life Insurance or Lottery: Are Corporations Managing or Taking Risks with Derivatives?

Posted: 29 Aug 1998
Ludger Hentschel and S.P. Kothari
Alternative Risk Premia Investments and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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53.

The CAPM: 'Reports of My Death Have Been Greatly Exaggerated'

FR 95-21
Posted: 20 Jul 1998
S.P. Kothari, Jay A. Shanken and Richard G. Sloan
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Emory University - Goizueta Business School and University of Southern California - Leventhal School of Accounting

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54.

A Market-Based Evaluation of Discretionary-Accrual Models

Simon School of Business Working Paper FR 96-01
Posted: 05 Jul 1998
Wayne R. Guay, S.P. Kothari and Ross L. Watts
University of Pennsylvania - Accounting Department, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

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55.

Measuring Long-Horizon Security Price Performance

Working Paper FR 95-19
Posted: 01 Jul 1998
S.P. Kothari and Jerold B. Warner
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester – Simon Business School

Abstract:

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56.

Lack of Timeliness and Noise as Explanations for the Low Contemporaneous Return-Earnings Association

Rochester Working Paper No. FR 94-03
Posted: 25 Apr 1998
University of Iowa - Department of Accounting, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Emory University - Goizueta Business School and University of Southern California - Leventhal School of Accounting

Abstract:

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57.

Book-to-Market, Dividend Yield, and Expected Market Returns: A Time-Series Analysis

Working Paper FR 95-13
Posted: 25 Apr 1998
S.P. Kothari and Jay A. Shanken
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Emory University - Goizueta Business School

Abstract:

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58.

Measuring Mutual Fund Performance

# FR 97-11
Posted: 01 Oct 1997
S.P. Kothari and Jerold B. Warner
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester – Simon Business School

Abstract:

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59.

Measuring Delivered Performance

Working Paper FR 96-07
Posted: 08 Sep 1997
University of Rochester - Simon School (Deceased), New York University (NYU) - Department of Accounting and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

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60.

Earnings Versus Price Changes: Delivered Versus Expected Performance

Posted: 09 Sep 1996
University of Rochester - Simon School (Deceased), New York University (NYU) - Department of Accounting and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

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61.

The Correlation Structure of Earnings Cash Flows and Accruals

Posted: 19 Jun 1995
Patricia Dechow, S.P. Kothari and Ross L. Watts
USC Marshall School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

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