We model and estimate the term structure of implied costs of equity capital (and implied risk
premia) at the firm level for the years 1996–2015 from forward looking option contracts …

We develop and implement a rigorous analytical framework for empirically evaluating the
relative performance of firm-level expected-return proxies (ERPs). We show that superior …

We analyze three different mechanical models to forecast earnings and compare their
forecasts with those of analysts. Moreover, we evaluate implied cost of capital (ICC) …

Customer referencing is a strategy that firms can use to disclose their connections with
reputable customers as a means of enhancing their own reputations. We study the capital …

In this study, we partition the joint provision of nonaudit services (NAS) into audit-related, tax,
and all other services, and examine whether these services have varying impacts on …

Abstract Barkfeldt, C. 2022. Asset Mispricing. Doctoral thesis/Företagsekonomiska
institutionen, Uppsala universitet 210. 35 pp. Uppsala: Department of Business Studies …

Theoretical work generally predicts a negative association between disclosure and risk
premium, where additional disclosure reduces estimation risk or information asymmetry …

The expected rate of equity returns is a central input into various managerial and investment
decisions that affect the allocation of scarce resources. Research on capital markets has …

A number of theoretical studies predict an unconditional negative association between firm
risk premium and firm disclosure level, where additional disclosure reduces estimation risk …

This study examines whether improvements in earnings forecasting translate into
improvements in implied cost of capital estimates of expected returns. I attain high …