ACCOUNTING METHOD RELATED MISSPECIFICATION IN CROSS-SECTIONAL CAPITAL-MARKET RESEARCH DESIGNS

Authors
SALAMON GL KOPEL R
Citation
Gl. Salamon et R. Kopel, ACCOUNTING METHOD RELATED MISSPECIFICATION IN CROSS-SECTIONAL CAPITAL-MARKET RESEARCH DESIGNS, Journal of accounting and public policy, 12(3), 1993, pp. 217-238
Citations number
25
Categorie Soggetti
Business Finance
Journal title
Journal of accounting and public policy → ACNP
ISSN journal
02784254
Volume
12
Issue
3
Year of publication
1993
Pages
217 - 238
Database
ISI
SICI code
0278-4254(1993)12:3<217:AMRMIC>2.0.ZU;2-2
Abstract
This paper investigates accounting method related misspecifications in three commonly used capital market research designs. The evidence ind icates that firms which use different accounting methods have systemat ically different coefficients in returns, levels and balance sheet des igns.