27
Views
6
CrossRef citations to date
0
Altmetric
Original Articles

The measurement of the economic performance of the US Nonfinancial Corporate Business Sector 1946–1990: an application of the shareholder value creation concept

Pages 715-741 | Published online: 11 Aug 2009

References

  • Accounting Standards Board (1991) ‘Cash flow statements', Financial Reporting Standard, No 1.
  • Anthony , R. and Reece , J. S. 1989 . Accounting: Text and Cases , 8th 303 Illinois, Irwin
  • Easton , P. D. , Harris , T. S. and Ohison , J. A. 1992 . Aggregate accounting earnings can explain most of security returns: the case of long return intervals' . Journal of Accounting and Economics , 15 : 119 – 142 .
  • 1987 . Statement of cash flows' . Statement of Financial Accounting , 95
  • Jarrell , G. A. 1992 . Take the long view on executive pay . Wall Street Journal , 28 August
  • Jarrell , G. A. and Dorkey , F. C. 1992 . The Longer-Term Relationship Between Accounting Performance and Stock Returns , 25 University of Rochester, N.Y . Working Paper Series
  • Jensen , M. C. 1986 . Agency costs of free cash flow, corporate finance and takeovers' . American Economic Review , 76 : 323 – 329 .
  • Lawson, G. H. (1997 forthcoming) Essays on aspects of the economic implications of accounting.
  • Lintner , J. 1956 . Distribution of income of corporations among dividends, retained earnings and taxes' . American Economic Review , 46 : 97 – 113 .
  • MacBeth , J. D. and Emanuel , D. C. 1993 . Tactical Asset Allocation: Pros and Cons' . financial Analysts Journal , 49 Nov.-Dec : 30 – 43 .
  • Miller , M. H. and Modigliani , F. 1961 . Dividend policy, growth and the valuation of shares' . Journal of Business , 34 : 411 – 433 .
  • Modigliani , F. and Miller , M. H. 1958 . The cost of capital, Corporation Finance and the Theory of Investment . American Economic Review , 48 June : 261 – 297 .
  • Sumner , M. T. 1975 . Neutrality of corporate taxation or not accounting for inflation . The Manchester School , 43 December : 353 – 360 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.