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Earnings Reports And Market Efficiencies: An Analysis Of The Contrary Evidence

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  • O. M. Joy
  • C. P. Jones

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  • O. M. Joy & C. P. Jones, 1979. "Earnings Reports And Market Efficiencies: An Analysis Of The Contrary Evidence," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 2(1), pages 51-63, March.
    • Handle: RePEc:bla:jfnres:v:2:y:1979:i:1:p:51-63
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1979.tb00016.x
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    References listed on IDEAS

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    1. Rosenberg, Barr & Houglet, Michel, 1974. "Error Rates in CRSP and Compustat Data Bases and their Implications," Journal of Finance, American Finance Association, vol. 29(4), pages 1303-1310, September.
    2. Cassidy, Db, 1976. "Investor Evaluation Of Accounting Information - Some Additional Empirical-Evidence," Journal of Accounting Research, Wiley Blackwell, vol. 14(2), pages 212-229.
    3. Basu, S, 1977. "Investment Performance of Common Stocks in Relation to Their Price-Earnings Ratios: A Test of the Efficient Market Hypothesis," Journal of Finance, American Finance Association, vol. 32(3), pages 663-682, June.
    4. Brown, Stewart L, 1978. "Earnings Changes, Stock Prices, and Market Efficiency," Journal of Finance, American Finance Association, vol. 33(1), pages 17-28, March.
    5. Fama, Eugene F, 1970. "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of Finance, American Finance Association, vol. 25(2), pages 383-417, May.
    6. Joy, Om & Litzenberger, Rh & Mcenally, Rw, 1977. "Adjustment Of Stock-Prices To Announcements Of Unanticipated Changes In Quarterly Earnings," Journal of Accounting Research, Wiley Blackwell, vol. 15(2), pages 207-225.
    7. Latane, Henry A & Jones, Charles P, 1977. "Standardized Unexpected Earnings-A Progress Report," Journal of Finance, American Finance Association, vol. 32(5), pages 1457-1465, December.
    8. Latane, Henry A & Joy, O Maurice & Jones, Charles P, 1970. "Quarterly Data, Sort-Rank Routines, and Security Evaluation," The Journal of Business, University of Chicago Press, vol. 43(4), pages 427-438, October.
    9. Bar-Yosef, Sasson & Brown, Lawrence D, 1977. "A Reexamination of Stock Splits Using Moving Betas," Journal of Finance, American Finance Association, vol. 32(4), pages 1069-1080, September.
    10. Litzenberger, Robert H. & Joy, O. Maurice & Jones, Charles P., 1971. "Ordinal Predictions and the Selection of Common Stocks," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 6(4), pages 1059-1068, September.
    11. Beaver, Wh, 1968. "Information Content Of Annual Earnings Announcements," Journal of Accounting Research, Wiley Blackwell, vol. 6, pages 67-92.
    12. Griffin, Pa, 1977. "Time-Series Behavior Of Quarterly Earnings - Preliminary Evidence," Journal of Accounting Research, Wiley Blackwell, vol. 15(1), pages 71-83.
    13. Friend, Irwin & Blume, Marshall E, 1970. "Measurement of Portfolio Performance Under Uncertainty," American Economic Review, American Economic Association, vol. 60(4), pages 561-575, September.
    14. William Breen & James Savage, 1968. "Portfolio Distributions And Tests Of Security Selection Models," Journal of Finance, American Finance Association, vol. 23(5), pages 805-819, December.
    15. Ball, R & Brown, P, 1968. "Empirical Evaluation Of Accounting Income Numbers," Journal of Accounting Research, Wiley Blackwell, vol. 6(2), pages 159-178.
    16. Latane, Henry A. & Jones, Charles P. & Rieke, Robert D., 1974. "Quarterly earnings reports and subsequent holding period returns," Journal of Business Research, Elsevier, vol. 2(2), pages 119-132, April.
    17. Kaplan, Robert S & Roll, Richard, 1972. "Investor Evaluation of Accounting Information: Some Empirical Evidence," The Journal of Business, University of Chicago Press, vol. 45(2), pages 225-257, April.
    18. Brenner, Menachem & Smidt, Seymour, 1977. "A Simple Model of Non-Stationarity of Systematic Risk," Journal of Finance, American Finance Association, vol. 32(4), pages 1081-1092, September.
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