Maureen F. McNichols

Stanford University

Associate Professor

655 Knight Way

Stanford, CA 94305-5015

United States

SCHOLARLY PAPERS

28

DOWNLOADS
Rank 795

SSRN RANKINGS

Top 795

in Total Papers Downloads

23,477

CITATIONS
Rank 646

SSRN RANKINGS

Top 646

in Total Papers Citations

764

Scholarly Papers (28)

1.

Have Financial Statements Become Less Informative? Evidence from the Ability of Financial Ratios to Predict Bankruptcy

Number of pages: 55 Posted: 02 Feb 2005
William H. Beaver, Maureen F. McNichols and Jung-Wu Rhie
Stanford University, Stanford University and Stanford University - Graduate School of Business (Deceased)
Downloads 3,210 (1,965)
Citation 40

Abstract:

Bankruptcy, accounting information, financial ratios

Analyst Coverage and Intangible Assets

Number of pages: 56 Posted: 26 Mar 2001
Mary E. Barth, Ron Kasznik and Maureen F. McNichols
Stanford University - Graduate School of Business, Stanford Graduate School of Business and Stanford University
Downloads 2,868 (2,732)
Citation 117

Abstract:

Analyst coverage, intangible assets

Analyst Coverage and Intangible Assets

Posted: 01 Mar 1998
Mary E. Barth, Ron Kasznik and Maureen F. McNichols
Stanford University - Graduate School of Business, Stanford Graduate School of Business and Stanford University

Abstract:

3.

Can Investors Profit from the Prophets? Consensus Analyst Recommendations and Stock Returns

Number of pages: 47 Posted: 04 Nov 1998
Brad M. Barber, Reuven Lehavy, Maureen F. McNichols and Brett Trueman
University of California, Davis, University of Michigan, Stephen M. Ross School of Business, Stanford University and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 2,463 (3,493)
Citation 188

Abstract:

4.

Does Meeting Expectations Matter? Evidence from Analyst Forecast Revisions and Share Prices

Number of pages: 32 Posted: 08 Nov 1999
Ron Kasznik and Maureen F. McNichols
Stanford Graduate School of Business and Stanford University
Downloads 1,861 (5,659)
Citation 137

Abstract:

5.

Prophets and Losses: Reassessing the Returns to Analysts' Stock Recommendations

Number of pages: 19 Posted: 18 May 2001
Brad M. Barber, Reuven Lehavy, Maureen F. McNichols and Brett Trueman
University of California, Davis, University of Michigan, Stephen M. Ross School of Business, Stanford University and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 1,628 (7,133)
Citation 30

Abstract:

6.

An Alternative Interpretation of the Discontinuity in Earnings Distributions

Number of pages: 55 Posted: 20 Jan 2004
William H. Beaver, Maureen F. McNichols and Karen K. Nelson
Stanford University, Stanford University and Texas Christian University - Department of Accounting
Downloads 1,476 (8,587)
Citation 57

Abstract:

earnings management, earnings distributions, conservatism, taxes

Buys, Holds, and Sells: The Distribution of Investment Banks' Stock Ratings and the Implications for the Profitability of Analysts' Recommendations

Number of pages: 52 Posted: 06 Feb 2004
Brad M. Barber, Reuven Lehavy, Maureen F. McNichols and Brett Trueman
University of California, Davis, University of Michigan, Stephen M. Ross School of Business, Stanford University and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 1,081 (14,138)
Citation 59

Abstract:

Analyst, investment bank, broker, stock ratings, recommendations, NASD 2711

Buys, Holds, and Sells: The Distribution of Investment Banks' Stock Ratings and the Implications for the Profitability of Analysts' Recommendations

Number of pages: 52 Posted: 17 May 2006
Brad M. Barber, Reuven Lehavy, Maureen F. McNichols and Brett Trueman
University of California, Davis, University of Michigan, Stephen M. Ross School of Business, Stanford University and University of California, Los Angeles (UCLA) - Anderson School of Management
Downloads 294 (80,092)
Citation 59

Abstract:

accounting, investment banks, stock ratings, profitability

Buys, Holds, and Sells: The Distribution of Investment Banks' Stock Ratings and the Implications for the Profitability of Analysts' Recommendations

Journal of Accounting & Economics (JAE), Forthcoming
Posted: 01 Mar 2006
Brad M. Barber, Reuven Lehavy, Maureen F. McNichols and Brett Trueman
University of California, Davis, University of Michigan, Stephen M. Ross School of Business, Stanford University and University of California, Los Angeles (UCLA) - Anderson School of Management

Abstract:

Analyst, investment bank, broker, stock ratings, recommendations, NASD 2711

8.

An Empirical Investigation of the True and Fair Override

LBS Accounting Subject Area Working Paper No. ACCT031, Rock Center for Corporate Governance Working Paper No. 44, Journal of Business, Finance and Accounting, pp. 1-30, January/March 2009
Number of pages: 49 Posted: 19 Feb 2003 Last Revised: 29 Sep 2009
Gilad Livne and Maureen F. McNichols
University of Exeter Business School and Stanford University
Downloads 1,141 (12,757)
Citation 5

Abstract:

principles- vs. rules-based accounting, earnings quality, informativeness of financial statements, true and fair override.

9.

Do Firms Issuing Equity Manage their Earnings? Evidence from the Property-Casualty Insurance Industry

Number of pages: 40 Posted: 24 Jan 2000
William H. Beaver, Maureen F. McNichols and Karen K. Nelson
Stanford University, Stanford University and Texas Christian University - Department of Accounting
Downloads 1,041 (14,876)
Citation 7

Abstract:

10.

Management of the Loss Reserve Accrual and the Distribution of Earnings in the Property-Casualty Insurance Industry

Number of pages: 43 Posted: 21 Nov 2000
William H. Beaver, Maureen F. McNichols and Karen K. Nelson
Stanford University, Stanford University and Texas Christian University - Department of Accounting
Downloads 978 (16,434)
Citation 38

Abstract:

Earnings management, losses, discretionary accruals, property-casualty insurance

11.

Have Changes in Financial Reporting Attributes Impaired the Ability of Financial Ratios to Assess Distress Risk?

Rock Center for Corporate Governance Working Paper No. 13
Number of pages: 63 Posted: 12 Feb 2009 Last Revised: 17 Jan 2010
William H. Beaver, Maria M. Correia and Maureen F. McNichols
Stanford University, London School of Economics and Political Science and Stanford University
Downloads 765 (22,544)

Abstract:

bankruptcy, accounting information, financial ratios

12.

The Effect of Target-Firm Accounting Quality on Valuation in Acquisitions

Rock Center for Corporate Governance at Stanford University Working Paper No. 81
Number of pages: 39 Posted: 12 Jun 2010 Last Revised: 23 Sep 2012
Maureen F. McNichols and Stephen Stubben
Stanford University and University of Utah
Downloads 752 (21,036)
Citation 3

Abstract:

accounting quality; valuation; mergers and acquisitions

Delisting Returns and Their Effect on Accounting-Based Market Anomalies

Rock Center for Corporate Governance Working Paper No. 18
, Journal of Accounting and Economics, Vol. 43, pp. 341-368, 2007
Number of pages: 46 Posted: 07 Dec 2006 Last Revised: 29 Sep 2009
William H. Beaver, Maureen F. McNichols and Richard A. Price III
Stanford University, Stanford University and University of Oklahoma
Downloads 685 (27,731)
Citation 33

Abstract:

Delisting Returns, Anomalies, Market Efficiency, Accrual Anomaly, Trading Strategy

Delisting Returns and Their Effect on Accounting-Based Market Anomalies

Journal of Accounting and Economics (JAE) 43, issues 2+3, July 2007, 341-368
Posted: 25 Jan 2007 Last Revised: 13 Jan 2009
William H. Beaver, Maureen F. McNichols and Richard A. Price III
Stanford University, Stanford University and University of Oklahoma

Abstract:

Delisting Returns, Anomalies, Market Efficiency, Accrual Anomaly, Trading Strategy

14.

Analyst Impartiality and Investment Banking Relationships

Number of pages: 52 Posted: 02 May 2005
Patricia C. O'Brien, Maureen F. McNichols and Hsiou-wei Lin
University of Waterloo, Stanford University and National Taiwan University
Downloads 589 (32,698)
Citation 37

Abstract:

Analyst, investment banking, stock recommendation, incentives, equity offerings

15.

That Ship has Sailed: Unaffiliated Analysts' Recommendation Performance for IPO Firms

Number of pages: 44 Posted: 22 Mar 2006
Maureen F. McNichols, Patricia C. O'Brien and Omer M. Pamukcu
Stanford University, University of Waterloo and University of Waterloo - School of Accounting and Finance
Downloads 385 (55,829)
Citation 8

Abstract:

financial analysts, investment banking, recommendations, stock performance, conflict of interest

16.

The Costs and Benefits of Long-Short Investing: A Perspective on the Market Efficiency Literature

Journal of Accounting Literature, Forthcoming
Number of pages: 45 Posted: 22 Mar 2014 Last Revised: 01 Oct 2016
William H. Beaver, Maureen F. McNichols and Richard A. Price III
Stanford University, Stanford University and University of Oklahoma
Downloads 301 (54,648)

Abstract:

Accounting-Based Anomalies; Long-Short Strategies; Short Selling; Market Efficiency; Sharpe Ratio; Short Interest Rebates

17.

Conservatism Correction for the Market-to-Book Ratio and Tobin's q

CESifo Working Paper Series No. 4626, Rock Center for Corporate Governance at Stanford University Working Paper No. 176
Number of pages: 54 Posted: 06 Mar 2014
Maureen F. McNichols, Madhav V. Rajan and Stefan J. Reichelstein
Stanford University, Stanford Graduate School of Business and Stanford University - Stanford Graduate School of Business
Downloads 275 (72,364)

Abstract:

18.

Bankruptcy in Groups

Stanford University Graduate School of Business Research Paper No. 15-48
Number of pages: 74 Posted: 20 Aug 2015 Last Revised: 10 Dec 2016
Stanford University, London School of Economics, London School of Economics and Political Science and Stanford University
Downloads 116 (43,181)

Abstract:

Bankruptcy, Credit risk, Business groups, Subsidiaries, Veil piercing, Related-party transactions, Regulation

19.

An Empirical Investigation of the True and Fair Override in the United Kingdom

Journal of Business Finance & Accounting, Vol. 36, Nos. 1-2, pp. 1-30, January/March 2009
Number of pages: 30 Posted: 27 Apr 2009
Gilad Livne and Maureen F. McNichols
University of Exeter Business School and Stanford University
Downloads 5 (500,338)
Citation 3

Abstract:

20.

Group Affiliation and Default Prediction

Stanford University Graduate School of Business Research Paper No. 16-46
Number of pages: 82 Posted: 12 Oct 2016 Last Revised: 10 Nov 2016
Stanford University, London School of Economics, London School of Economics and Political Science and Stanford University
Downloads 0 (139,617)

Abstract:

Default prediction, Business groups, Consolidation, Financial reporting transparency, Credit spreads

21.

The Information Content of Earnings Announcements: New Insights on Intertemporal and Cross-Sectional Behavior

Stanford University Graduate School of Business Research Paper No. 16-40, Rock Center for Corporate Governance at Stanford University Working Paper No. 221
Number of pages: 56 Posted: 27 Jul 2016 Last Revised: 24 Aug 2016
William H. Beaver, Maureen F. McNichols and Zach Zhiguang Wang
Stanford University, Stanford University and University of Illinois at Urbana-Champaign
Downloads 0 (124,815)
Citation 1

Abstract:

capital markets; earnings announcements; information content; return volatility

22.

Does Earnings Management Affect Firms' Investment Decisions?

Accounting Review, Forthcoming
Posted: 22 Jul 2008
Maureen F. McNichols and Stephen Stubben
Stanford University and University of Utah

Abstract:

earnings management, capital investment

23.

Reassessing the Returns to Analysts' Stock Recommendations

Financial Analysts Journal, Vol. 59, No. 2, March/April 2003
Posted: 20 May 2003
Brad M. Barber, Reuven Lehavy, Maureen F. McNichols and Brett Trueman
University of California, Davis, University of Michigan, Stephen M. Ross School of Business, Stanford University and University of California, Los Angeles (UCLA) - Anderson School of Management

Abstract:

Equity Investments: fundamental analysis and valuation models

24.

The Characteristics and Valuation of Loss Reserves of Property Casualty Insurers

Review of Accounting Studies, Vol 3, Nos 1-2, 1998
Posted: 17 Sep 1999
William H. Beaver and Maureen F. McNichols
Stanford University and Stanford University

Abstract:

25.

Institutional Trading and Corporate Earnings and Returns

1460 STANFORD UNIVERSITY WORKING PAPER SERIES
Posted: 18 May 1998
Mark H. Lang and Maureen F. McNichols
University of North Carolina at Chapel Hill and Stanford University

Abstract:

26.

Factors Influencing Firms' Disclosures about Environmental Liabilities

Posted: 05 May 1998
Mary E. Barth, Maureen F. McNichols and G. Peter Wilson
Stanford University - Graduate School of Business, Stanford University and Massachusetts Institute of Technology (MIT)

Abstract:

27.

Underwriting Relationships and Analysts' Earnings Forecasts and Investment Recommendations

Posted: 25 Jun 1997
Hsiou-wei Lin and Maureen F. McNichols
National Taiwan University and Stanford University

Abstract:

28.

Self-selection and Analyst Coverage

Posted: 25 Nov 1996
Maureen F. McNichols and Patricia C. O'Brien
Stanford University and University of Waterloo

Abstract: