Researchers have used various measures as indications of “earnings quality” including
persistence, accruals, smoothness, timeliness, loss avoidance, investor responsiveness …

This survey reviews the literature on sell-side analysts' forecasts and their implications for
asset pricing. We review the literature on the supply and demand forces shaping analysts' …

What makes firms vulnerable to the Russia–Ukraine crisis? | Emerald Insight Books and
journals Case studies Expert Briefings Open Access Publish with us Advanced search What …

We provide data and code that successfully reproduces nearly all cross-sectional stock
return predictors. Our 319 characteristics draw from previous meta-studies, but we differ by …

Most anomalies fail to hold up to currently acceptable standards for empirical finance. With
microcaps mitigated via NYSE breakpoints and value-weighted returns, 65% of the 452 …

Hundreds of papers and factors attempt to explain the cross-section of expected returns.
Given this extensive data mining, it does not make sense to use the usual criteria for …

We define quality as characteristics that investors should be willing to pay a higher price for.
Theoretically, we provide a tractable valuation model that shows how stock prices should …

It is well known that firms are more likely to issue equity when their market values are high,
relative to book and past market values, and to repurchase equity when their market values …

The capital asset pricing model (CAPM) of William Sharpe (1964) and John Lintner (1965)
marks the birth of asset pricing theory (resulting in a Nobel Prize for Sharpe in 1990). Before …

Our objective is to penetrate the “black box” of sell‐side financial analysts by providing new
insights into the inputs analysts use and the incentives they face. We survey 365 analysts …