Norman C. Strong

University of Manchester - Alliance Manchester Business School

Professor

Booth Street West

Manchester, M15 6PB

United Kingdom

  • University of Manchester - Alliance Manchester Business School

SCHOLARLY PAPERS

29

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11,482

TOTAL CITATIONS
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SSRN RANKINGS

Top 7,517

in Total Papers Citations

103

Scholarly Papers (29)

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1.

Post-Earnings-Announcement Drift in the UK

LUMS Working Paper No. 2000/010
Number of pages: 48 Posted: 25 Jan 2001
Weimin Liu, Norman C. Strong and Xinzhong Xu
Nottingham University Business School, University of Manchester - Alliance Manchester Business School and Peking University - Guanghua School of Management
Downloads 1,550 (25,965)
Citation 1

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Post-earnings-announcement drift, market efficiency, earnings surprises

2.

Understanding the Equity Home Bias: Evidence from Survey Data

Lancaster University Management School, Department of Accounting and Finance Working Paper No. 99/017
Number of pages: 18 Posted: 09 Dec 1999
Norman C. Strong and Xinzhong Xu
University of Manchester - Alliance Manchester Business School and Peking University - Guanghua School of Management
Downloads 1,111 (42,400)
Citation 16

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3.

Pricing Ftse 100 Index Options Under Stochastic Volatility

Lancaster University Management School, Department of Accounting and Finance Working Paper No. 99/018
Number of pages: 30 Posted: 09 Dec 1999
Yueh-Neng Lin, Norman C. Strong and Xinzhong Xu
University of Dong Hwa, Taiwan, University of Manchester - Alliance Manchester Business School and Peking University - Guanghua School of Management
Downloads 980 (50,534)
Citation 1

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4.

Does Valuation Model Choice Affect Target Price Accuracy?

European Accounting Review, Forthcoming
Number of pages: 50 Posted: 01 Apr 2009
Efthimios Demirakos, Norman C. Strong and Martin Walker
Athens University of Economics and Business - Department of Accounting and Finance, University of Manchester - Alliance Manchester Business School and The University of Manchester - Manchester Business School
Downloads 953 (52,525)
Citation 21

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Equity valuation, investment analysts, target price accuracy, valuation model choice

5.

Earnings Management or Forecast Guidance to Meet Analyst Expectations?

Accounting and Business Research, Vol. 39, No. 1, pp. 3-35, 2008
Number of pages: 53 Posted: 05 Apr 2009
Vasiliki E. Athanasakou, Norman C. Strong and Martin Walker
Saint Mary's University, Canada - Sobey School of Business, University of Manchester - Alliance Manchester Business School and The University of Manchester - Manchester Business School
Downloads 801 (66,598)
Citation 8

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meeting analyst expectations, abnormal accruals, earnings forecast guidance, classification shifting

6.

The Market Reward for Achieving Analyst Earnings Expectations: Does Managing Expectations or Earnings Matter?

Journal of Business Finance and Accounting, 2011 Vol. 38 (1/2), 58-94.
Number of pages: 51 Posted: 16 Oct 2007 Last Revised: 21 Nov 2013
Vasiliki E. Athanasakou, Norman C. Strong and Martin Walker
Saint Mary's University, Canada - Sobey School of Business, University of Manchester - Alliance Manchester Business School and The University of Manchester - Manchester Business School
Downloads 729 (75,444)
Citation 5

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analyst expectations, market reward, earnings management, classification shifting, earnings forecast guidance, opportunistic, informative

7.

Classificatory Income Smoothing: The Impact of a Change in Regime of Reporting Financial Performance

Journal of Accounting and Public Policy, Vol. 26, 2007
Number of pages: 54 Posted: 17 Sep 2007
Vasiliki E. Athanasakou, Norman C. Strong and Martin Walker
Saint Mary's University, Canada - Sobey School of Business, University of Manchester - Alliance Manchester Business School and The University of Manchester - Manchester Business School
Downloads 591 (98,593)

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classificatory income smoothing, extraordinary and exceptional items, sustainable profitability, earnings persistence

8.

Biases in Decomposing Holding Period Portfolio Returns

Downloads 503 (120,439)
Citation 6

Biases in Decomposing Holding Period Portfolio Returns

Number of pages: 32 Posted: 20 Mar 2006
Weimin Liu and Norman C. Strong
Nottingham University Business School and University of Manchester - Alliance Manchester Business School
Downloads 503 (118,916)
Citation 6

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Decomposed buy-and-hold portfolio returns, rebalanced portfolio returns

Biases in Decomposing Holding-Period Portfolio Returns

The Review of Financial Studies, Vol. 21, No. 5, pp. 2243-2274, 2008
Posted: 19 Sep 2008
Weimin Liu and Norman C. Strong
Nottingham University Business School and University of Manchester - Alliance Manchester Business School

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G10

9.

Share Repurchases, the Clustering Problem, and the Free Cash Flow Hypothesis

Financial Management, Forthcoming
Number of pages: 36 Posted: 07 Aug 2008
Chuan-San Wang, Norman C. Strong, Samuel Tung and Steve Lin
National Taiwan University - The Department and Graduate Institute of Accounting, University of Manchester - Alliance Manchester Business School, affiliation not provided to SSRN and University of Memphis
Downloads 499 (121,632)
Citation 1

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10.

Conditional Earnings Conservatism and Corporate Refocusing Activities

Journal of Accounting Research, forthcoming
Number of pages: 52 Posted: 05 Apr 2006 Last Revised: 17 Feb 2011
Chun Yu Mak, Norman C. Strong and Martin Walker
University of Birmingham, University of Manchester - Alliance Manchester Business School and The University of Manchester - Manchester Business School
Downloads 453 (137,085)
Citation 2

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Conservatism, refocusing, restructuring

11.

Does Short-Selling Potential Influence Mergers and Acquisitions Payment Choice?

Number of pages: 55 Posted: 31 Oct 2019 Last Revised: 12 Dec 2020
Marie Dutordoir, Norman C. Strong and Ping Sun
The University of Manchester - Manchester Business School, University of Manchester - Alliance Manchester Business School and University of Exeter Business School
Downloads 364 (175,844)

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merger arbitrage, M&A payment, short selling

12.

The Association Between Classificatory and Inter-Temporal Smoothing: Evidence from the UK’s FRS 3

International Journal of Accounting, Vol. 45, Np. 2, 2010
Number of pages: 40 Posted: 14 Oct 2007 Last Revised: 13 Oct 2010
Vasiliki E. Athanasakou, Norman C. Strong and Martin Walker
Saint Mary's University, Canada - Sobey School of Business, University of Manchester - Alliance Manchester Business School and The University of Manchester - Manchester Business School
Downloads 329 (195,688)

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Income smoothing, accruals, classificatory choices, reporting discretion

13.

Anticipation, Asymmetric Information and the Announcement Effect of Greek Seasoned Equity Offerings

Number of pages: 34 Posted: 17 Apr 2008
Susanne Espenlaub, Georgia Siougle and Norman C. Strong
The University of Manchester - Manchester Business School, Athens University of Economics and Business - Department of Accounting and Finance and University of Manchester - Alliance Manchester Business School
Downloads 307 (210,877)
Citation 1

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Seasoned equity offerings, conditional event study, Athens Stock Exchange

14.

Does Corporate Governance Influence Convertible Bond Issuance?

Number of pages: 49 Posted: 21 May 2012
Marie Dutordoir, Norman C. Strong and Marius Ziegan
The University of Manchester - Manchester Business School, University of Manchester - Alliance Manchester Business School and The University of Manchester - Manchester Business School
Downloads 293 (221,510)
Citation 1

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security choice, convertible debt, corporate governance

15.

Datastream Returns and UK Open Offers

Number of pages: 19 Posted: 04 Jun 2008
Susanne Espenlaub, Abdullah Iqbal and Norman C. Strong
The University of Manchester - Manchester Business School, University of Kent, Canterbury and University of Manchester - Alliance Manchester Business School
Downloads 274 (237,538)
Citation 2

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Datastream returns, earnings management, open offers, SEOs, return performance

16.

Do Analysts’ Cash Flow Forecasts Improve the Accuracy of Their Target Prices?

Downloads 261 (249,570)
Citation 1

Do Analysts’ Cash Flow Forecasts Improve the Accuracy of Their Target Prices?

Number of pages: 49 Posted: 18 Jun 2016
Noor Hashim and Norman C. Strong
Lancaster University Management School and University of Manchester - Alliance Manchester Business School
Downloads 132 (462,543)
Citation 1

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Analysts, Cash flow forecasts, Target price accuracy, Valuation

Do Analysts’ Cash Flow Forecasts Improve the Accuracy of Their Target Prices?

Number of pages: 49 Posted: 18 Jun 2016
Noor Hashim and Norman C. Strong
Lancaster University Management School and University of Manchester - Alliance Manchester Business School
Downloads 129 (471,277)

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Analysts, Cash flow forecasts, Target price accuracy, Valuation.

17.

Did Regulation Fair Disclosure, SOX, and Other Analyst Regulations Reduce Security Mispricing?

Downloads 259 (251,461)
Citation 11

Did Regulation Fair Disclosure, SOX, and Other Analyst Regulations Reduce Security Mispricing?

Number of pages: 54 Posted: 01 Jul 2012 Last Revised: 25 Feb 2014
Edward Lee, Norman C. Strong and Zhenmei (Judy) Zhu
University of Manchester - Alliance Manchester Business School, University of Manchester - Alliance Manchester Business School and Fudan University - School of Management
Downloads 259 (249,829)
Citation 11

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Disclosure regulations, Analyst regulations, Information uncertainty, Stock returns

Did Regulation Fair Disclosure, Sox, and Other Analyst Regulations Reduce Security Mispricing?

Journal of Accounting Research, Vol. 52, No. 3, 2014
Posted: 11 Sep 2014
Edward Lee, Norman C. Strong and Zhenmei (Judy) Zhu
University of Manchester - Alliance Manchester Business School, University of Manchester - Alliance Manchester Business School and Fudan University - School of Management

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Disclosure regulations, Analyst regulations, Information uncertainty, Stock returns

18.

Do Analysts Use Their Cash Flows Forecasts When Setting Target Prices?

Number of pages: 42 Posted: 09 Jul 2012 Last Revised: 30 Oct 2012
Noor Hashim and Norman C. Strong
Lancaster University Management School and University of Manchester - Alliance Manchester Business School
Downloads 238 (273,494)

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cash flow forecasts, equity analysts, target price revisions, pseudo-target prices, valuation inputs

19.

Corporate Social Responsibility and Seasoned Equity Offerings

Number of pages: 63 Posted: 27 Nov 2017
Marie Dutordoir, Norman C. Strong and Ping Sun
The University of Manchester - Manchester Business School, University of Manchester - Alliance Manchester Business School and University of Exeter Business School
Downloads 230 (282,809)
Citation 17

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Corporate Social Responsibility, SEOs

20.

Strategic Disclosure, Analyst Behavior and Equity Flotation Costs

Number of pages: 58 Posted: 15 Mar 2010
Pawel Bilinski, Norman C. Strong and Martin Walker
Bayes Business School, City University London, University of Manchester - Alliance Manchester Business School and The University of Manchester - Manchester Business School
Downloads 216 (300,402)

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Asymmetric information, public and private information, analyst behavior, new equity issues

21.

Earnings Management around UK Open Offers

Number of pages: 40 Posted: 04 Jun 2008
Susanne Espenlaub, Abdullah Iqbal and Norman C. Strong
The University of Manchester - Manchester Business School, University of Kent, Canterbury and University of Manchester - Alliance Manchester Business School
Downloads 205 (315,657)
Citation 7

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earnings management, open offers, SEOs, return performance, operating performance

22.

Cash-Rich Seasoned Equity Issuers

Number of pages: 53 Posted: 17 Sep 2022 Last Revised: 21 Sep 2022
Mengqian Chen, Marie Dutordoir and Norman C. Strong
University of Glasgow, The University of Manchester - Manchester Business School and University of Manchester - Alliance Manchester Business School
Downloads 169 (377,916)

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Excess cash, seasoned equity offerings, uses of proceeds, operating performance, stock price reactions, market timing

23.

Shelf Versus Traditional Seasoned Equity Offerings: The Impact of Potential Short Selling

Number of pages: 54 Posted: 28 Nov 2017 Last Revised: 22 Jan 2018
Marie Dutordoir, Norman C. Strong and Ping Sun
The University of Manchester - Manchester Business School, University of Manchester - Alliance Manchester Business School and University of Exeter Business School
Downloads 167 (379,863)
Citation 2

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Seasoned equity offerings, short-selling, shelf v. traditional offerings

24.

What Valuation Models Do Analysts Use?

Accounting Horizons, 18 (4), pp. 221-240, 2004
Posted: 12 Nov 2019
Efthimios Demirakos, Norman C. Strong and Martin Walker
Athens University of Economics and Business - Department of Accounting and Finance, University of Manchester - Alliance Manchester Business School and The University of Manchester - Manchester Business School

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25.

Modelling Analysts’ Target Price Revisions Following Good and Bad News?

Accounting and Business Research, Forthcoming
Posted: 12 Nov 2016 Last Revised: 10 Dec 2016
Tuan Quoc Ho, Norman C. Strong and Martin Walker
University of Bristol, University of Manchester - Alliance Manchester Business School and The University of Manchester - Manchester Business School

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target price, excess stock returns, withholding bad news

26.

The Long-Run Performance of UK Rights Issuers

Frontiers in Finance and Economics, Vol. 3, No. 2, 2006
Posted: 29 Nov 2014
Abdullah Iqbal, Susanne Espenlaub and Norman C. Strong
University of Kent, Canterbury, The University of Manchester - Manchester Business School and University of Manchester - Alliance Manchester Business School

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earnings management, rights issues, SEOs, return performance, operating performance

27.

Earning Management and Corporate Governance Around UK Rights Issues

International Journal of Managerial Finance, Vol. 6(3), pp.168-189, 2010
Posted: 29 Nov 2014
Abdullah Iqbal and Norman C. Strong
University of Kent, Canterbury and University of Manchester - Alliance Manchester Business School

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Corporate Governance, Earnings Management, Rights Issues, Seasoned Equity Offerings, Accruals

28.

Does a Bull-Bear Valuation Analysis Increase the Accuracy of Analysts’ Target Prices?

Posted: 16 Jun 2012
Noor Hashim, Asad Kausar and Norman C. Strong
Lancaster University Management School, American University - Kogod School of Business and University of Manchester - Alliance Manchester Business School

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bull–bear analysis, equity analysts, information uncertainty, risk assessment, scenario analysis, target price accuracy, valuation

29.

Price Models and Earnings Response Coefficients

Posted: 28 Aug 1995
Norman C. Strong, Martin Walker and Zhongtao Harding
University of Manchester - Alliance Manchester Business School, The University of Manchester - Manchester Business School and The University of Manchester

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