This paper develops a simple methodology based on the earnings response coefficient
framework that allows decomposing realized returns into cash flow shocks and returns …

This essay provides a selective critical review of the financial accounting literature focusing
primarily on accounting valuation including implied costs of equity capital, empirical …

This study examines the impact of voluntary environmental disclosure on the cost of equity
capital and firm value, and on the public perception about a firm's environmental …

In this paper, I examine the relation between disclosure commitment and cost of equity
capital using accelerated earnings announcement disclosures as a measure of commitment …

The size of the equity risk premium remains an unanswered question in the accounting and
finance literature. This study proposes a new approach to reverse-engineer the equity risk …