Ray Ball

University of Chicago - Accounting

Sidney Davidson Distinguished Service Professor of Accounting

SCHOLARLY PAPERS

32

DOWNLOADS
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Top 69

in Total Papers Downloads

85,812

CITATIONS
Rank 311

SSRN RANKINGS

Top 311

in Total Papers Citations

1,285

Scholarly Papers (32)

1.

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

Accounting and Business Research, Forthcoming
Number of pages: 65 Posted: 13 Sep 2006
Ray Ball
University of Chicago - Accounting
Downloads 23,211 (47)
Citation 100

Abstract:

International accounting standards, IAS, IFRS, fair value accounting

The Global Financial Crisis and the Efficient Market Hypothesis: What Have We Learned?

Journal of Applied Corporate Finance, Forthcoming
Number of pages: 27 Posted: 20 Nov 2009 Last Revised: 11 Dec 2009
Ray Ball
University of Chicago - Accounting
Downloads 5,964 (766)
Citation 4

Abstract:

market efficiency, asset bubbles, financial crisis

The Global Financial Crisis and the Efficient Market Hypothesis: What Have We Learned?

Journal of Applied Corporate Finance, Vol. 21, Issue 4, pp. 8-16, Fall 2009
Number of pages: 10 Posted: 16 Dec 2009
Ray Ball
University of Chicago - Accounting
Downloads 4 (532,718)
Citation 4
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Abstract:

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
University of Chicago - Accounting, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business
Downloads 5,143 (995)
Citation 47

Abstract:

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
University of Chicago - Accounting, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business
Downloads 474 (45,751)
Citation 47

Abstract:

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
University of Chicago - Accounting, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business

Abstract:

conditional conservatism, asymmetric timeliness, earnings

4.

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 - Accounting, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Rochester Institute of Technology (RIT)
Downloads 5,146 (945)
Citation 509

Abstract:

5.

Incentives versus Standards: Properties of Accounting Income in Four East Asian Countries, and Implications for Acceptance of IAS

Simon School of Business Working Paper No. FR 00-04; Boston JAE Conference October 2002
Number of pages: 44 Posted: 06 Jan 2004
University of Chicago - Accounting, Rochester Institute of Technology (RIT) and University of Rochester - Simon Business School
Downloads 4,678 (1,138)
Citation 105

Abstract:

Asia, Hong Kong, Malaysia, Singapore, Thailand, International Accounting Standards, information asymmetry, Financial reporting quality, transparency, timeliness, conservatism

6.
Downloads 3,132 ( 2,403)
Citation 115

Earnings Quality in U.K. Private Firms

LBS Accounting Subject Area Working Paper No. ACCT025
Number of pages: 65 Posted: 20 May 2004
Ray Ball and Lakshmanan Shivakumar
University of Chicago - Accounting and London Business School
Downloads 3,132 (2,343)
Citation 115

Abstract:

Earnings quality; conservatism; loss recognition; private firms; economics of accounting standards; earnings time series; accruals.

Earnings Quality in U.K. Private Firms

Journal of Accounting & Economics, Forthcoming
Posted: 14 Apr 2004 Last Revised: 26 Apr 2009
Ray Ball and Lakshmanan Shivakumar
University of Chicago - Accounting and London Business School

Abstract:

Earnings quality, conservatism, loss recognition, private firms, economics of accounting standards, earnings time series, accruals

What is the Actual Economic Role of Financial Reporting?

Number of pages: 12 Posted: 10 Feb 2008
Ray Ball
University of Chicago - Accounting
Downloads 1,945 (5,390)
Citation 11

Abstract:

financial reporting, accounting, research design

What is the Actual Economic Role of Financial Reporting?

Accounting Horizons, Vol. 22, No. 4, 2008
Number of pages: 12 Posted: 28 May 2008 Last Revised: 09 Mar 2009
Ray Ball
University of Chicago - Accounting
Downloads 624 (31,900)
Citation 11

Abstract:

financial reporting, accounting, research design

8.

Accounting Informs Investors and Earnings Management is Rife: Two Questionable Beliefs

Accounting Horizons, Forthcoming
Number of pages: 12 Posted: 03 Feb 2013 Last Revised: 15 May 2013
Ray Ball
University of Chicago - Accounting
Downloads 2,471 (2,905)
Citation 1

Abstract:

earnings management, value relevance, earnings informativeness

9.
Downloads 2,459 ( 3,697)
Citation 57

Earnings Quality at Initial Public Offerings

Number of pages: 59 Posted: 25 Jul 2006
Ray Ball and Lakshmanan Shivakumar
University of Chicago - Accounting and London Business School
Downloads 1,736 (6,586)
Citation 57

Abstract:

IPO, earnings management, conservatism, earnings quality

Earnings Quality at Initial Public Offerings

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 53 Posted: 08 Dec 2007
Ray Ball and Lakshmanan Shivakumar
University of Chicago - Accounting and London Business School
Downloads 723 (26,027)
Citation 57

Abstract:

IPO, earnings management, conservatism, earnings quality

Contractibility and Transparency of Financial Statement Information Prepared under IFRS: Evidence from Debt Contracts around IFRS Adoption

Journal of Accounting Research (Forthcoming), Fox School of Business Research Paper No. 15-083
Number of pages: 69 Posted: 15 Jun 2013 Last Revised: 09 Nov 2015
University of Chicago - Accounting, London School of Economics and London Business School
Downloads 2,088 (4,799)
Citation 2

Abstract:

Bonds, Contractibility, Debt Covenants, Fair Value Accounting, IFRS, Loans, Transparency

Contractibility and Transparency of Financial Statement Information Prepared Under IFRS: Evidence from Debt Contracts Around IFRS Adoption

Journal of Accounting Research, Vol. 53, No. 5, 2015
Posted: 07 Mar 2016
University of Chicago - Accounting, London School of Economics and London Business School

Abstract:

Bonds, Contractibility, Debt Covenants, Fair Value Accounting, IFRS, Loans, Transparency

11.

The Role of Accruals in Asymmetrically Timely Gain and Loss Recognition

Number of pages: 59 Posted: 02 Feb 2005
Ray Ball and Lakshmanan Shivakumar
University of Chicago - Accounting and London Business School
Downloads 1,894 (5,448)
Citation 122

Abstract:

accruals, timely recognition, gain/loss recognition, accruals model

12.

Ball and Brown (1968): A Retrospective

FIRN Research Paper, Accounting Review, Forthcoming
Number of pages: 44 Posted: 01 Aug 2013 Last Revised: 19 Sep 2014
Ray Ball and Philip R. Brown
University of Chicago - Accounting and UWA Business School, M250
Downloads 1,872 (2,971)
Citation 3

Abstract:

Ball-Brown, earnings, usefulness, timeliness, anomalies, event study

13.

How Much New Information is There in Earnings?

Journal of Accounting Research, Vol. 46, December 2008
Number of pages: 65 Posted: 12 Mar 2008 Last Revised: 09 Mar 2009
Ray Ball and Lakshmanan Shivakumar
University of Chicago - Accounting and London Business School
Downloads 1,867 (4,603)
Citation 48

Abstract:

earnings, timeliness, analyst forecasts, management forecasts, efficiency

14.

Mark-to-Market Accounting and Information Asymmetry in Banks

Chicago Booth Research Paper No. 12-35, LBS Accounting Subject Area Working Paper
Number of pages: 81 Posted: 23 Oct 2011 Last Revised: 28 Sep 2012
University of Chicago - Accounting, University of Rochester - Simon Business School and London Business School
Downloads 1,796 (5,396)
Citation 3

Abstract:

mark-to-market accounting, fair value, trading securities, banks, information asymmetry

Is Financial Reporting Shaped by Equity Markets or by Debt Markets? An International Study of Timeliness and Conservatism

Number of pages: 54 Posted: 08 May 2007
Ray Ball, Gil Sadka and Ashok Robin
University of Chicago - Accounting, University of Texas at Dallas and Rochester Institute of Technology (RIT)
Downloads 1,201 (12,137)
Citation 67

Abstract:

reporting quality, association studies, conservatism, timeliness, international

Is Financial Reporting Shaped by Equity Markets or by Debt Markets? An International Study of Timeliness and Conservatism

Review of Accounting Studies, Forthcoming
Number of pages: 64 Posted: 10 Dec 2007 Last Revised: 24 Aug 2011
Ray Ball, Gil Sadka and Ashok Robin
University of Chicago - Accounting, University of Texas at Dallas and Rochester Institute of Technology (RIT)
Downloads 561 (36,782)
Citation 67

Abstract:

reporting quality, association studies, conservatism, timeliness, international

16.

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
University of Chicago - Accounting, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago Booth School of Business
Downloads 1,666 (6,385)
Citation 20

Abstract:

conditional conservatism, asymmetric timeliness, earnings

17.

Deflating Profitability

Journal of Financial Economics (JFE), Volume 117, Issue 2, pp. 225-248, Fama-Miller Working Paper, Chicago Booth Research Paper No. 14-10
Number of pages: 55 Posted: 27 Mar 2014 Last Revised: 12 Dec 2015
University of Chicago - Accounting, Tuck School of Business at Dartmouth College, USC Marshall School of Business and University of Chicago Booth School of Business
Downloads 1,622 (4,800)
Citation 2

Abstract:

Gross profitability, operating profitability, asset pricing, deflators, earnings anomalies

Market and Political/Regulatory Perspectives on the Recent Accounting Scandals

Journal of Accounting Research, Vol. 47, No. 2, pp. 277-323, May 2009
Number of pages: 65 Posted: 24 Sep 2008 Last Revised: 29 Jul 2009
Ray Ball
University of Chicago - Accounting
Downloads 1,407 (9,392)
Citation 29

Abstract:

Market and Political/Regulatory Perspectives on the Recent Accounting Scandals

Number of pages: 65 Posted: 29 Apr 2009
Ray Ball
University of Chicago - Accounting
Downloads 47 (330,024)
Citation 29

Abstract:

19.
Downloads 1,344 ( 10,354)
Citation 20

Aggregate Earnings and Asset Prices

Journal of Accounting Research, Vol. 47, No. 5, 2009
Number of pages: 40 Posted: 20 Mar 2007 Last Revised: 24 Aug 2011
Ray Ball, Gil Sadka and Ronnie Sadka
University of Chicago - Accounting, University of Texas at Dallas and Boston College - Carroll School of Management
Downloads 1,264 (11,193)
Citation 20

Abstract:

Aggregate earnings, aggregate returns, excess volatility, anomalies

Aggregate Earnings and Asset Prices

Columbia Business School Research Paper
Number of pages: 41 Posted: 24 Aug 2011 Last Revised: 30 Aug 2011
Ray Ball, Gil Sadka and Ronnie Sadka
University of Chicago - Accounting, University of Texas at Dallas and Boston College - Carroll School of Management
Downloads 80 (249,406)
Citation 20

Abstract:

Earnings factors, aggregate returns, SUE, market-to-book, systematic risk, cash-flow news, asset pricing

20.

Accruals, Cash Flows, and Operating Profitability in the Cross Section of Stock Returns

Journal of Financial Economics (JFE), Forthcoming, Fama-Miller Working Paper, Chicago Booth Research Paper No. 15-12
Number of pages: 47 Posted: 01 Apr 2015 Last Revised: 21 Sep 2015
University of Chicago - Accounting, Tuck School of Business at Dartmouth College, USC Marshall School of Business and University of Chicago Booth School of Business
Downloads 1,076 (3,928)
Citation 1

Abstract:

Operating profitability, Accruals, Cash flows, Anomalies, Asset pricing

Audited Financial Reporting and Voluntary Disclosure as Complements: A Test of the Confirmation Hypothesis

Number of pages: 71 Posted: 17 Jun 2010 Last Revised: 11 Nov 2011
University of Chicago - Accounting, University of Rochester - Simon Business School and London Business School
Downloads 601 (33,508)
Citation 11

Abstract:

Audited Financial Reporting and Voluntary Disclosure as Complements: A Test of the Confirmation Hypothesis

Journal of Accounting & Economics (JAE), Forthcoming
Number of pages: 75 Posted: 11 Nov 2011
University of Chicago - Accounting, University of Rochester - Simon Business School and London Business School
Downloads 297 (79,981)
Citation 11

Abstract:

22.

Fama, Fisher, Jensen and Roll (1969): Retrospective Comments

Number of pages: 14 Posted: 16 Feb 2014 Last Revised: 13 Jan 2015
Ray Ball
University of Chicago - Accounting
Downloads 617 (22,013)

Abstract:

23.

The Complementary Roles of Audited Financial Reporting and Voluntary Disclosure: A Test of the Confirmation Hypothesis

Number of pages: 64 Posted: 17 Oct 2009
University of Chicago - Accounting, University of Rochester - Simon Business School and London Business School
Downloads 606 (32,199)
Citation 3

Abstract:

Voluntary disclosures, earnings announcements, confirmation hypothesis

24.

Aggregate Earnings and Why They Matter

Journal of Accounting Literature, Forthcoming
Number of pages: 53 Posted: 19 Dec 2014 Last Revised: 08 Jan 2015
Ray Ball and Gil Sadka
University of Chicago - Accounting and University of Texas at Dallas
Downloads 461 (23,371)

Abstract:

Aggregate Earnings, Aggregate Returns, Asset Pricing, Earnings-Returns Relation

25.

The Information Value of the Annual Earnings Report

Number of pages: 25 Posted: 13 Aug 2012
Ray Ball and Philip R. Brown
University of Chicago - Accounting and UWA Business School, M250
Downloads 323 (55,023)

Abstract:

Earnings, Share prices, Event Study

26.

Internet Appendix to 'Contractibility and Transparency of Financial Statement Information Prepared under IFRS: Evidence from Debt Contracts around IFRS Adoption'

Journal of Accounting Research, Forthcoming
Number of pages: 66 Posted: 01 Apr 2015 Last Revised: 01 Mar 2017
University of Chicago - Accounting, London School of Economics and London Business School
Downloads 56 (163,532)

Abstract:

Bonds, Contractibility, Debt Covenants, Fair Value Accounting, IFRS, Loans, Transparency

27.

Aggregate Supply and Demand Shocks and Asset Prices

Number of pages: 39 Posted: 13 Mar 2017
Ray Ball, Gil Sadka and Ayung Tseng
University of Chicago - Accounting, University of Texas at Dallas and Indiana University
Downloads 47 (324,408)

Abstract:

asset pricing, CAPM, identification, earnings betas, risk

28.

Earnings, Retained Earnings, and Book-to-Market in the Cross Section of Expected Returns

Chicago Booth Research Paper No. 17-03
Number of pages: 44 Posted: 01 Mar 2017 Last Revised: 08 Mar 2017
University of Chicago - Accounting, Tuck School of Business at Dartmouth College, USC Marshall School of Business and University of Chicago Booth School of Business
Downloads 0 (151,022)

Abstract:

G11, G12, M41

29.

IFRS – Ten Years Later

Accounting and Business Research vol 46 (5)
Number of pages: 53 Posted: 09 Mar 2016 Last Revised: 09 Jul 2016
Ray Ball
University of Chicago - Accounting
Downloads 0 (32,618)

Abstract:

Conceptual Framework, Contracting, Enforcement, Fair Value, IFRS, Stewardship, Transparency, Unintended Consequences

30.

Why We Do International Accounting Research

Journal of International Accounting Research, July 20, 2015
Number of pages: 15 Posted: 29 Jan 2016 Last Revised: 09 Jul 2016
Ray Ball
University of Chicago - Accounting
Downloads 0 (49,856)

Abstract:

International accounting, IFRS, replication, research design

31.

Incentives Versus Standards: Properties of Accounting Income in Four East Asian Countries

Simon Business School Working Paper No. FR 03-33
Posted: 02 Dec 2003 Last Revised: 09 Mar 2009
University of Chicago - Accounting, Rochester Institute of Technology (RIT) and University of Rochester - Simon Business School

Abstract:

Asia, Hong Kong, Malaysia, Singapore, Thailand, International Accounting Standards, information asymmetry, Financial reporting quality, transparency, timeliness, conservatism

32.

How Naive Is the Stock Market's Use of Earnings Information?

Posted: 24 Feb 1998
Ray Ball and Eli Bartov
University of Chicago - Accounting and NYU Stern School of Business

Abstract: