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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

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

    • Email
    • Tel: 617-253-0994
    • Fax: 617-253-0603
SCHOLARLY PAPERS

56

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CITATIONS
Rank 126

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Top 126

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2,268

Scholarly Papers (56)

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1.

Capital Markets Research in Accounting

Downloads 10,431 ( 329)
Citation 389

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 10,431 (326)
Citation 389

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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

2.

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 9,645 (194)
Citation 106

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Event studies, econometrics, surveys, accounting, corporate finance, 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
Jonathan Lewellen, S.P. Kothari and Jerold B. Warner
Dartmouth College - Tuck School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Rochester – Simon Business School
Downloads 6,052 (847)
Citation 53

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4.

Econometrics of the Basu Asymmetric Timeliness Coefficient and Accounting Conservatism

Downloads 5,768 ( 990)
Citation 45

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 5,271 (1,126)
Citation 45

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conditional conservatism, asymmetric timeliness, earnings

Econometrics of the Basu Asymmetric Timeliness Coefficient and Accounting Conservatism

Journal of Accounting Research, Forthcoming, Chicago Booth Research Paper No. 13-65
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 497 (48,638)
Citation 45

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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 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 5,146 (1,083)
Citation 511

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6.

How Much Do Firms Hedge with Derivatives?

Downloads 4,320 ( 1,621)
Citation 111

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 2,541 (4,014)
Citation 111

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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 1,779 (7,402)
Citation 110

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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

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
Wesley S. Chan, Richard M. Frankel and S.P. Kothari
Acadian Asset Management, Washington University in Saint Louis - Olin Business School and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 4,318 (1,472)
Citation 27

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8.

Performance Matched Discretionary Accrual Measures

Downloads 4,019 ( 1,823)
Citation 426

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
S.P. Kothari, Andrew J. Leone and Charles E. Wasley
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Miami and Simon School, University of Rochester
Downloads 4,019 (1,793)
Citation 426

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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
S.P. Kothari, Andrew J. Leone and Charles E. Wasley
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Miami and Simon School, University of Rochester

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

9.

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 3,959 (1,753)
Citation 71

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10.

Implications for GAAP from an Analysis of Positive Research in Accounting

Journal of Accounting & Economics (JAE), Forthcoming, MIT Sloan Research Paper No. 4740-09, Harvard Business School Accounting & Management Unit Working Paper No. 09-137, University of Chicago - Booth School of Business Working Paper No. 09-22
Number of pages: 126 Posted: 03 Jun 2009 Last Revised: 17 Sep 2010
S.P. Kothari, Karthik Ramanna and Douglas J. Skinner
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Harvard Business School and The University of Chicago - Booth School of Business
Downloads 3,538 (1,849)
Citation 39

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11.

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 3,436 (1,364)
Citation 2

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financial crisis, securitization, fair value, incentives

12.

Properties of Implied Cost of Capital Using Analysts' Forecasts

Australian Journal of Management, Vol. 36, p. 125, 2011, MIT Sloan Working Paper No. 4422-03
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 2,851 (3,182)
Citation 62

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

13.

The Benefits of Financial Statement Comparability

Downloads 2,477 ( 4,279)
Citation 10

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 2,477 (4,196)
Citation 10

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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.

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

Downloads 2,318 ( 4,813)
Citation 26

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 2,318 (4,705)
Citation 26

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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

15.

Do Managers Withhold Bad News?

Journal of Accounting Research, Forthcoming, MIT Sloan Research Paper No. 4556-05
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 2,056 (4,892)
Citation 122

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Bad News, Conservatism, Disclosure

16.

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 University of Miami
Downloads 2,049 (5,688)
Citation 12

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17.

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

CentER Discussion Paper Series No. 2006-103
Number of pages: 64 Posted: 28 Dec 2005
S.P. Kothari, Elena Loutskina and Valeri V. Nikolaev
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 1,864 (5,868)
Citation 29

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accrual anomaly; earnings management; agency theory of overvalued equity

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 1,836 (6,662)
Citation 72

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

19.

On Estimating Conditional Conservatism

Forthcoming, The Accounting Review, Chicago Booth Research Paper No. 11-09
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 1,666 (7,147)
Citation 20

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conditional conservatism, asymmetric timeliness, earnings

20.

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 1,320 (11,776)
Citation 1

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21.

Generating Superior Performance in Private Equity: A New Investment Methodology

Downloads 1,234 ( 13,682)

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
S.P. Kothari, Konstantin A. Danilov, CFA and Gitanjali Meher Swamy
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Private Capital Research Institute
Downloads 1,134 (15,325)

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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
S.P. Kothari, Konstantin A. Danilov, CFA and Gitanjali Meher Swamy
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Private Capital Research Institute
Downloads 100 (239,928)

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Private equity, fund performance, efficient frontier, portfolio theory

22.

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 1,034 (13,318)
Citation 40

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Content Analysis of Disclosure, Cost of Capital

23.

The Advantages of Using Earnings for Compensation: Matching Delivered Performance

Downloads 797 ( 26,309)
Citation 3

The Advantages of Using Earnings for Compensation: Matching Delivered Performance

Number of pages: 31 Posted: 31 Aug 2000
Michael J. Barclay, Dhananjay (Dan) K. Gode and S.P. Kothari
University of Rochester - Simon School (Deceased), New York University (NYU) - Department of Accounting and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 700 (30,882)
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 97 (245,043)
Citation 2

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24.

Analysts’ Forecasts and Asset Pricing: A Survey

Downloads 760 ( 28,113)

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 760 (27,677)

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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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25.

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 674 (31,100)
Citation 21

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26.

The Behavior of Aggregate Corporate Investment

Simon Business School Working Paper No. FR 14-18, Tuck School of Business Working Paper No. 2511268, MIT Sloan Research Paper No. 5112-14
Number of pages: 43 Posted: 19 Oct 2014 Last Revised: 07 Jan 2015
S.P. Kothari, Jonathan Lewellen and Jerold B. Warner
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Dartmouth College - Tuck School of Business and University of Rochester – Simon Business School
Downloads 558 (16,140)
Citation 1

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Investment, stock returns, profits, interest rates, uncertainty

27.

Long-Term Impact of Economic Conditions on Auditors’ Judgment

Downloads 475 ( 52,260)

Long-Term Impact of Economic Conditions on Auditors’ Judgment

The Accounting Review, Forthcoming
Number of pages: 54 Posted: 05 Jan 2017 Last Revised: 18 Jan 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 424 (59,384)

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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
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 51 (356,101)

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economic condition; audit adjustment; imprinting

28.

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 370 (64,775)

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

29.

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 289 (88,899)
Citation 5

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

30.

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 286 (80,561)

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

31.

Properties of Implied Cost of Capital Using Analysts’ Forecasts

Downloads 132 (194,311)
Citation 62

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 108 (227,169)
Citation 62

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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 24 (465,149)
Citation 62

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

32.

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

Accounting Review, Forthcoming, Simon Business School Working Paper No. FR 15-23
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 73 (162,229)

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

33.

High Non-GAAP Earnings Predict Abnormally High CEO Pay

Number of pages: 38 Posted: 06 Sep 2017 Last Revised: 18 Jan 2018
Nicholas M. Guest, S.P. Kothari and Robert Pozen
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 0 (79,148)

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

34.

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

Number of pages: 51 Posted: 10 Mar 2017 Last Revised: 30 Nov 2017
Nicholas M. Guest, S.P. Kothari and Eric C. So
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 0 (91,610)

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Dividends, Earnings, Capital Scarcity, Active Investors

35.

Capture and Competition

Simon Business School Working Paper No. FR-16-13
Number of pages: 47 Posted: 25 Nov 2016
Sudarshan Jayaraman, S.P. Kothari and Karthik Ramanna
University of Rochester - Simon Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard Business School
Downloads 0 (175,136)

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Regulatory Capture, Product Market Competition, Inversions

36.

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
S.P. Kothari, Natalie Mizik and Sugata Roychowdhury
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

37.

The Relation between Earnings and Cash Flows

Journal of Accounting & Economics, Vol. 25, 1998
Posted: 06 Sep 2006
Patricia M. Dechow, S.P. Kothari and Ross L. Watts
University of Southern California - Leventhal School of Accounting, 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

38.

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

39.

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

40.

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, MIT Sloan School Working Paper No. 4575-06
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

41.

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

42.

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

43.

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 University of Miami

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R&D; Capitalization

44.

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

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45.

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

Posted: 29 Aug 1998
Ludger Hentschel and S.P. Kothari
Simon School, University of Rochester and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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46.

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

Abstract:

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47.

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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48.

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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49.

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
Daniel W. Collins, S.P. Kothari, Jay A. Shanken and Richard G. Sloan
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

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50.

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

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51.

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

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52.

Measuring Delivered Performance

Working Paper FR 96-07
Posted: 08 Sep 1997
Michael J. Barclay, Dhananjay (Dan) K. Gode and S.P. Kothari
University of Rochester - Simon School (Deceased), New York University (NYU) - Department of Accounting and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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53.

Earnings Versus Price Changes: Delivered Versus Expected Performance

Posted: 09 Sep 1996
Michael J. Barclay, Dhananjay (Dan) K. Gode and S.P. Kothari
University of Rochester - Simon School (Deceased), New York University (NYU) - Department of Accounting and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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54.

The Correlation Structure of Earnings Cash Flows and Accruals

Posted: 19 Jun 1995
Patricia M. Dechow, S.P. Kothari and Ross L. Watts
University of Southern California - Leventhal School of Accounting, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management

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55.

Why Shareholder Wealth Maximization despite Other Objectives

Number of pages: 28
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
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Firm objective, shareholder wealth, Friedman, corporate social responsibility.

56.

Asymmetric Returns and the Economic Content of Accruals and Investment

Number of pages: 34
Luca Del Viva, S.P. Kothari, Neophytos Lambertides and Lenos Trigeorgis
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
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investment and accruals, volatility, growth options, nonlinear equity value, asymmetric returns, idiosyncratic skewness, anomalies