The variation of economic risk premiums
This paper provides an analysis of the predictable components of monthly common stock
and bond portfolio returns. Most of the predictability is associated with sensitivity to …
and bond portfolio returns. Most of the predictability is associated with sensitivity to …
Is doing good good for you? How corporate charitable contributions enhance revenue growth
B Lev, C Petrovits… - Strategic management …, 2010 - Wiley Online Library
This study examines the impact of corporate philanthropy growth on sales growth using a
large sample of charitable contributions made by US public companies from 1989 through …
large sample of charitable contributions made by US public companies from 1989 through …
Empirical tests of the consumption‐oriented CAPM
DT Breeden, MR Gibbons… - The Journal of …, 1989 - Wiley Online Library
The empirical implications of the consumption‐oriented capital asset pricing model
(CCAPM) are examined, and its performance is compared with a model based on the market …
(CCAPM) are examined, and its performance is compared with a model based on the market …
The risk and return from factors
LKC Chan, J Karceski, J Lakonishok - Journal of financial and …, 1998 - cambridge.org
The ability to identify which factors best capture systematic return covariation is central to
applications of multifactor pricing models. This paper uses a common data set to evaluate …
applications of multifactor pricing models. This paper uses a common data set to evaluate …
Unusual patterns in reported earnings
JK Thomas - Accounting Review, 1989 - JSTOR
Carslaw [1988] provides evidence that New Zealand firms may round up earnings when
they are just below reference points denoted by NX 10k. He observes more zeros and fewer …
they are just below reference points denoted by NX 10k. He observes more zeros and fewer …
An evaluation of alternative measures of corporate tax rates
GA Plesko - Journal of Accounting and Economics, 2003 - Elsevier
This paper examines the ability of financial statement measures of average and marginal tax
rates (MTR) to capture tax attributes utilizing firm-level tax and financial data. The results …
rates (MTR) to capture tax attributes utilizing firm-level tax and financial data. The results …
Economic consequences of accounting standards: The lease disclosure rule change
EA Imhoff Jr, JK Thomas - Journal of Accounting and Economics, 1988 - Elsevier
We examine capital structure changes to investigate the impact of SFAS No. 13 on lessees.
While this accounting standard essentially rearranged capital lease disclosures (from …
While this accounting standard essentially rearranged capital lease disclosures (from …
The integration of commercial real estate markets and stock markets
This paper tests whether commercial real estate markets (both exchange‐traded and non‐
exchange‐traded) are integrated with stock markets using multifactor asset pricing models …
exchange‐traded) are integrated with stock markets using multifactor asset pricing models …
Economic tracking portfolios
OA Lamont - Journal of Econometrics, 2001 - Elsevier
An economic tracking portfolio is a portfolio of assets with returns that track an economic
variable. Monthly returns on stocks and bonds help forecast post-war US output …
variable. Monthly returns on stocks and bonds help forecast post-war US output …
Analysts' interpretation and investors' valuation of tax carryforwards
E Amir, T Sougiannis - Contemporary Accounting Research, 1999 - Wiley Online Library
We examine how financial analysts and equity investors incorporate information on deferred
taxes from carryforwards into earnings forecasts and share prices. We focus on …
taxes from carryforwards into earnings forecasts and share prices. We focus on …