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The Reputational Penalty for Aggressive Accounting: Earnings Restatements and Management Turnover
PCT No. PCT/JP91/01020 Sec. 371 Date Jan. 3, 1992 Sec. 102(e) Date Jan. 3, 1992 PCT Filed Jul. 31, 1991 PCT Pub. No. WO92/02292 PCT Pub. Date Feb. 20, 1992.This invention relates to a flue gasExpand
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Firm performance and focus: long-run stock market performance following spinoffs
Abstract We examine whether an increase in focus is an explanation for the stock market gains associated with spinoffs. For a sample of 155 spinoffs between the years 1975 and 1991, we find that theExpand
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An Investigation of the Informational Role of Short Interest in the Nasdaq Market
This paper examines the relationship between the level of short interest and stock returns in the Nasdaq market from June 1988 through December 1994. We find that heavily shorted firms experienceExpand
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Value-Glamour and Accruals Mispricing: One Anomaly or Two?
TLDR
A feed and takeoff assembly particularly adapted for use in connection with a printing press to automatically transfer generally flat stock from a first position to a print position and to a delivery position, having a frame, a transfer carriage mounted for movement along the frame. Expand
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Does Earnings Quality Affect Information Asymmetry? Evidence from Trading Costs*: Earnings Quality and Information Asymmetry
Information asymmetry in financial markets relates to the idea that one party to a transaction has better information than the other. Since financial reporting involves the transmission ofExpand
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Long-Run Common Stock Returns following Stock Splits and Reverse Splits
The authors examine one-three-year performance of common stocks following 5,596 stock split and 76 reverse split announcements made during the period 1976-91. For stock splits, on average, the one-Expand
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Value-Glamour and Accruals Mispricing: One Anomaly or Two?
We investigate whether the accruals anomaly is a manifestation of the glamour stock phenomenon documented in the finance literature. Value (glamour) stocks, characterized by low (high) past salesExpand
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Do Short Sellers Target Firms with Poor Earnings Quality? Evidence from Earnings Restatements
We study the behavior of short sellers around earnings restatements. We find that short sellers accumulate positions in restating firms several months in advance of the restatement and subsequentlyExpand
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Do Short Sellers Target Firms with Poor Earnings Quality? Evidence from Earnings Restatements
We study the behavior of short sellers around earnings restatements. We find that short sellers accumulate positions in restating firms several months in advance of the restatement and subsequentlyExpand
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An Analysis of the Recommendations of the “Superstar” Money Managers at Barron's Annual Roundtable
The authors examine the performance of common stock recommendations made by prominent money managers at Barron's Annual Roundtable from 1968 to 1991. To avoid survivorship bias, they examine theExpand
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