Author pages are created from data sourced from our academic publisher partnerships and public sources.
- Publications
- Influence
Opaque financial reports, R2, and crash risk
- A. Hutton, A. Marcus, H. Tehranian
- Economics
- 1 October 2009
We investigate the relation between the transparency of financial statements and the distribution of stock returns. Using earnings management as a measure of opacity, we find that opacity is… Expand
An empirical assessment of the residual income valuation model1
- Patricia M. Dechow, A. Hutton, Richard G. Sloan
- Economics
- 1999
Abstract This paper provides an empirical assessment of the residual income valuation model proposed in Ohlson (Ohlson, J.A., 1995. Earnings, book values and dividends in security valuation.… Expand
Stock Performance and Intermediation Changes Surrounding Sustained Increases in Disclosure
- Paul Healy, A. Hutton, K. Palepu
- Business
- 1 September 1999
This paper investigates whether firms benefit from expanded voluntary disclosure by examining changes in capital market factors associated with increases in analyst disclosure ratings for 97 firms.… Expand
Short-sellers, fundamental analysis, and stock returns
- Patricia M. Dechow, A. Hutton, L. Meulbroek, Richard G. Sloan
- Economics
- 1 July 2001
Abstract Firms with low ratios of fundamentals (such as earning and book values) to market values are known to have systematically lower future stock returns. We document that short-sellers position… Expand
Detecting Earnings Management: A New Approach
- Patricia M. Dechow, A. Hutton, J. Kim, Richard G. Sloan
- Economics
- 17 April 2012
This paper provides a new approach to testing for accrual-based earnings management. Our approach exploits the inherent property of accrual accounting that any accrual-based earnings management in… Expand
The Role of Supplementary Statements with Management Earnings Forecasts
- A. Hutton, Gregory S. Miller, D. Skinner
- Economics
- 2000
Economic consequences of accounting for stock-based compensation
- Patricia M. Dechow, A. Hutton, Richard G. Sloan
- Business, Economics
- 29 May 1995
The Financial Accounting Standards Board's (FASB) project on employee stock-based compensation was one of the most controversial in the Board's 20-year history. In particular, the Board's 1993… Expand
The Relation between Analysts' Forecasts of Long-Term Earnings Growth and Stock Price Performance Following Equity Offerings
- Patricia M. Dechow, A. Hutton, Richard G. Sloan
- Economics
- 1 March 2000
We evaluate the role of sell-side analysts' long-term earnings growth forecasts in the pricing of common equity offerings. We find that, in general, sell-side analysts' long-term growth forecasts are… Expand
Determinants of Managerial Earnings Guidance Prior to Regulation Fair Disclosure and Bias in Analyst
- A. Hutton
- Business
- 2005
Do Managers Always Know Better? The Relative Accuracy of Management and Analyst Forecasts
- A. Hutton, Lian Fen Lee, Susan Z. Shu
- Business, Economics
- 1 April 2012
We examine the relative accuracy of management and analyst forecasts of annual EPS. We predict and find that analysts’ information advantage resides at the macroeconomic level. They provide more… Expand