References
- Barth, Mary, and Amy Hutton. 2003. “Analyst Earnings Forecast Revisions and the Pricing of Accruals.” Working paper, Dartmouth College and Stanford University.
- Beneish, M.D., and M.E. Vargus. 2002. “Insider Trading, Earnings Quality and Accrual Mispricing.” Accounting Review, vol. 77, no. 4 (October): 755–791.
- Collins, D.W., and P. Hribar. 2000. “Earnings-Based and Accrual-Based Market Anomalies: One Effect or Two?” Journal of Accounting and Economics, vol. 29, no. 1 (February): 101–123.
- Collins, D.W., G. Gong, and P. Hribar. 2003. “Investor Sophistication and the Mispricing of Accruals.” Review of Accounting Studies, vol. 8, no. 2–3 (June–September): 251–276.
- DeFond, M.L., and C.W. Park. 2001. “The Reversal of Abnormal Accruals and the Market Valuation of Earnings Surprises.” Accounting Review, vol. 76, no. 3 (July): 375–404.
- Desai, H., S. Rajgopal, and M. Venkatachalam. 2004. “Value–Glamour and Accruals Mispricing: One Anomaly or Two?” Accounting Review, vol. 79, no. 2 (April): 355–385.
- Fairfield, P., J.S. Whisenant, and T.L. Yohn. 2003. “Accrued Earnings and Growth: Implications for Future Profitability and Market Mispricing.” Accounting Review, vol. 78, no. 1 (January): 353–371.
- Fama, E.F., and J. MacBeth. 1973. “Risk, Return, and Equilibrium: Empirical Tests.” Journal of Political Economy, vol. 81, no. 3 (May–June): 607–636.
- Kraft, A., A. Leone, and C. Wasley. 2004. “Research Design Issues and Related Inference Problems Underlying Tests of the Market Pricing of Accounting Information.” Working paper, University of Rochester.
- Lev, Baruch, and Doron Nissim. 2004. “The Persistence of the Accruals Anomaly.” Working paper, New York University and Columbia University.
- Mashruwala, C., S. Rajgopal, and T. Shevlin. 2004. “Why Is the Accrual Anomaly Not Arbitraged Away?” Working paper, University of Washington.
- Richardson, S., R. Sloan, M. Soliman, and I. Tuna. 2004. “Accrual Reliability, Earnings Persistence and Stock Prices.” Working paper, University of Michigan.
- Sloan, R.. 1996. “Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?” Accounting Review, vol. 71, no. 3 (July): 289–315.
- Thomas, J., and H. Zhang. 2002. “Inventory Changes and Future Returns.” Review of Accounting Studies, vol. 7, no. 2–3 (June–September): 163–187.
- Xie, Hong. 2001. “The Mispricing of Abnormal Accruals.” Accounting Review, vol. 76, no. 3 (July): 357–373.