Using monthly returns for over 27,000 stocks from 49 countries over a three-decade period,
we show that a multifactor model that includes factor-mimicking portfolios based on …

We investigate whether short sellers and analysts differ in their use of information that is
predictive of future returns. We find that short interest is significantly associated in the …

Purpose Prior literature investigating the adoption of International Financial Reporting
Standards (IFRS) finds that managerial incentives, capital market institutions and accounting …

In this paper, we present a comparative analysis of the forecasting accuracy of univariate
and multivariate linear models that incorporate fundamental accounting variables (ie …

This study examines how the industrial competition affects earnings quality. Our study
supports the idea of declining earnings quality when firms' risk increases. We expect that low …

This paper examines the value relevance of accounting fundamentals in the Mexican Stock
Market ([BMV]–Bolsa Mexicana de Valores). The research question that motivated the paper …

This paper takes fundamental analysis research beyond the spatial and temporal bounds of
previous studies. We investigate how detailed financial statement data enter the decisions of …

Using a sample of Mexican firms traded on the Mexican Stock Exchange during the period
1992–1997, we investigate whether the relation between the firms' stock prices and their …

Latin American accounting researchers gradually entered extra-regional journal discussions
during the second decade of the 21st century. Some countries have a clear structure to …

This paper investigates the efficiency with which analysts use fundamental signals when
forecasting one-year-ahead change in earnings per share (EPS) in Australian and …