Publications
8 shownThe relation between earnings and cash flows
A simple model of earnings, cash flows and accruals is developed by assuming a random walk sales process, variable and fixed costs, accounts receivable and payable, and inventor...
A Market-Based Evaluation of Discretionary Accrual Models
In this study we specify a simple earnings model, present managerial discretion hypotheses from existing literature, and assume efficient markets in order to evaluate five discr...
Another Look at the Cross‐section of Expected Stock Returns
ABSTRACT Our examination of the cross‐section of expected returns reveals economically and statistically significant compensation (about 6 to 9 percent per annum) for beta risk ...
Frequent Co-Authors
Researcher Info
- h-index
- 8
- Publications
- 8
- Citations
- 15,865
- Institution
- Massachusetts Institute of Technology
External Links
Impact Metrics
h-index
8
h-index: Number of publications with at least h citations each.