The information content of losses

Journal of Accounting and Economics

Volumn 20, Issue 2, 1995, Pages 125-153

  Hayn, Carla ^a  

^a UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

Capital markets; Earnings response coefficients; Losses; Negative earnings

Indexed keywords

EID: 58149210589     PISSN: 01654101     EISSN: None     Source Type: Journal    
DOI: 10.1016/0165-4101(95)00397-2     Document Type: Article

References (46)

1. The time-series properties of annual earnings
2. Some time series properties of accounting income
3. The information content of security prices
4. The information content of security prices: A second look
5. Capital market research during the 1980's: A critical review
6. Inter-temporal and cross-sectional variation in the association between uneexpected accounting rates of return and abnormal rates of return
7. Further evidence of the time series properties of accounting income
8. An analysis of intertemporal and cross-sectional determinants of earnings response coefficients
9. Firm size and the information content of prices with respect to earnings
10. Lack of timeliness and noise as explanations for the low contemporaneous returns-earnings association
11. The effect of the default risk of debt on the earnings response coefficient
12. Earnings as an explanatory variable for returns
13. Cross-sectional variation in the stock market response to accounting earnings announcements
14. Accounting earnings can explain most of securities returns: The case of long event windows
15. Write-offs as accounting procedures to manage perceptions
16. Determinants of risk premiums on corporate bonds
17. The association between accounting earnings and security returns for large and small firms
18. A nonlinear model of security price responses to unexpected earnings
19. Book rate-of-return and prediction of earnings changes An empirical investigation
20. Risk information and the effects of special accounting items on capital market equilibrium
21. Evidence on the incremental information content of additional firm diclosures made concurrently with earnings
22. Statistical models of bond ratings A methodological inquiry
23. Earnings innovations earnings persistence and stock returns
24. Price-earnings regressions in the presence of prices leading earnings
25. Risk premia and the pricing of primary issue bonds
26. On the usefulness of earnings Lessons and directions from two decades of empirical research
27. The information contained in the components of earnings
28. Abandonment value and project life
29. Estimating the permanent component of accounting earnings using the unobservable components model: Implications for price-earnings research
30. The association of operating cash flow and accruals with security returns
31. Abandonment value and capital budgeting
32. Relevant accounting
33. The time-series behavior of annual accounting earnings