IDEAS home Printed from https://ideas.repec.org/a/eee/pacfin/v53y2019icp268-277.html
   My bibliography  Save this article

A review of the impact of Ball and Brown (1968) on research in the Asia-Pacific Basin

Author

Listed:
  • Clinch, Greg
  • Lyon, John D.
  • Pinnuck, Matt

Abstract

•We assess the impact of Ball and Brown (1968) (hereafter BB68) on Australian Accounting and Finance research in the last 50 years.•We use citation analysis based on four Australian journals and one US journal, the Journal of Accounting Research.•We contrast BB68 with Beaver (1968) since both a papers are on similar topics and appeared in the Journal of Accounting Research in the same year.•Based on citation analysis we find that BB68 is more influential than Beaver (1968) both in Australia and in the US but that the impact across the decades has differed between Australia and the US.•We also find that papers citing BB68 as opposed to Beaver (1968) in Australian journals are significantly more influential than a randomly matched paper appearing at the same time and in the same journal.•We undertake qualitative analyses to investigate the impact of BB68 on empirical method in Australia, the research questions in both Accounting and Finance, the impact by Australasian region together with evolution of Australian financial market databases.•Our evidence indicates that the level of impact of BB68 shows no evidence of declining.

Suggested Citation

  • Clinch, Greg & Lyon, John D. & Pinnuck, Matt, 2019. "A review of the impact of Ball and Brown (1968) on research in the Asia-Pacific Basin," Pacific-Basin Finance Journal, Elsevier, vol. 53(C), pages 268-277.
  • Handle: RePEc:eee:pacfin:v:53:y:2019:i:c:p:268-277
    DOI: 10.1016/j.pacfin.2018.11.004
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0927538X18304670
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.pacfin.2018.11.004?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Liu, Wai-Man & Sawyer, K. R., 2003. "How free are free trading options?," Pacific-Basin Finance Journal, Elsevier, vol. 11(5), pages 573-591, November.
    2. Ball, R & Brown, P, 1968. "Empirical Evaluation Of Accounting Income Numbers," Journal of Accounting Research, Wiley Blackwell, vol. 6(2), pages 159-178.
    3. Tan, Ruth S. K. & Chng, P. L. & Tong, Y. H., 2002. "Private placements and rights issues in Singapore," Pacific-Basin Finance Journal, Elsevier, vol. 10(1), pages 29-54, January.
    4. Corrado, Charles J. & Truong, Cameron, 2008. "Conducting event studies with Asia-Pacific security market data," Pacific-Basin Finance Journal, Elsevier, vol. 16(5), pages 493-521, November.
    5. James A. Ohlson, 1978. "On the Theory of Residual Analyses and Abnormal Performance Metrics," Australian Journal of Management, Australian School of Business, vol. 3(2), pages 175-193, October.
    6. James C. Dyer IV & Gary R. Keating, 1977. "On The Question of Seasonal Regularities in Australian Capital Markets," Australian Journal of Management, Australian School of Business, vol. 2(1), pages 1-10, April.
    7. Ross L. Watts, 1977. "Corporate Financial Statements, A Product of the Market and Political Processes," Australian Journal of Management, Australian School of Business, vol. 2(1), pages 53-75, April.
    8. Mak, Y.T. & Kusnadi, Yuanto, 2005. "Size really matters: Further evidence on the negative relationship between board size and firm value," Pacific-Basin Finance Journal, Elsevier, vol. 13(3), pages 301-318, June.
    9. Philip Brown & Frank J. Finn & Phillip Hancock, 1977. "Dividend Changes, Earnings Reports, And Share Prices: Some Australian Findings," Australian Journal of Management, Australian School of Business, vol. 2(2), pages 127-147, October.
    10. Fama, Eugene F, et al, 1969. "The Adjustment of Stock Prices to New Information," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 10(1), pages 1-21, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fargher, Neil & Wee, Marvin, 2019. "The impact of Ball and Brown (1968) on generations of research," Pacific-Basin Finance Journal, Elsevier, vol. 54(C), pages 55-72.
    2. Aman, Hiroyuki & Beekes, Wendy & Berkman, Henk & Bohmann, Marc & Bradbury, Michael & Chapple, Larelle & Chang, Millicent & Clout, Victoria & Faff, Robert & Han, Jianlei & Hillier, David & Hodgson, All, 2019. "Responsible science: Celebrating the 50-year legacy of Ball and Brown (1968) using a registration-based framework," Pacific-Basin Finance Journal, Elsevier, vol. 56(C), pages 129-150.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sebastien Bradley & Estelle Dauchy & Makoto Hasegawa, 2018. "Investor valuations of Japan’s adoption of a territorial tax regime: quantifying the direct and competitive effects of international tax reform," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 25(3), pages 581-630, June.
    2. Karen Benson & Peter M Clarkson & Tom Smith & Irene Tutticci, 2015. "A review of accounting research in the Asia Pacific region," Australian Journal of Management, Australian School of Business, vol. 40(1), pages 36-88, February.
    3. Kočenda, Evžen & Moravcová, Michala, 2018. "Intraday effect of news on emerging European forex markets: An event study analysis," Economic Systems, Elsevier, vol. 42(4), pages 597-615.
    4. Ball, Ray & Brown, Philip, 2019. "Ball and Brown (1968) after fifty years," Pacific-Basin Finance Journal, Elsevier, vol. 53(C), pages 410-431.
    5. DAVID E. ALLEN & MICHAEL McALEER & ROBERT J. POWELL & ABHAY K. SINGH, 2018. "Non-Parametric Multiple Change Point Analysis Of The Global Financial Crisis," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 1-23, June.
    6. Abu Towhid Muhammad Shaker, 2014. "The Equity Performance of U.S. Firms Emerging from Chapter 11 Bankruptcy," International Journal of Business and Social Research, LAR Center Press, vol. 4(1), pages 19-30, January.
    7. Rolf Uwe Fülbier & Thorsten Sellhorn, 2023. "Understanding and improving the language of business: How accounting and corporate reporting research can better serve business and society," Journal of Business Economics, Springer, vol. 93(6), pages 1089-1124, August.
    8. Laura Alfaro & Anusha Chari & Andrew N. Greenland & Peter K. Schott, 2020. "Aggregate and Firm-Level Stock Returns During Pandemics, in Real Time," NBER Working Papers 26950, National Bureau of Economic Research, Inc.
    9. Gokhale, Jayendra & Brooks, Raymond M. & Tremblay, Victor J., 2014. "The effect on stockholder wealth of product recalls and government action: The case of Toyota's accelerator pedal recall," The Quarterly Review of Economics and Finance, Elsevier, vol. 54(4), pages 521-528.
    10. Jing Long Yu & Tse Mao Lin & Xin Hui Wu, 2021. "Does Brexit Have a Bullish or Bearish Effect on the Taiwan Stock Market?," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 7(3), pages 90-101, 09-2021.
    11. Daniel Celeny & Loic Mar'echal & Evgueni Rousselot & Alain Mermoud & Mathias Humbert, 2024. "Prioritizing Investments in Cybersecurity: Empirical Evidence from an Event Study on the Determinants of Cyberattack Costs," Papers 2402.04773, arXiv.org.
    12. ATM Adnan, 2018. "Home vs. Cross-Border Takeovers: Is There Any Difference in Investor Perception?," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2018(2), pages 59-84.
    13. Kenneth W. Clements & Liang Li, 2014. "Valuing Resource Investments," Economics Discussion / Working Papers 14-27, The University of Western Australia, Department of Economics.
    14. Idil Uz Akdogan, 2023. "Monetary policy responses to COVID-19 in emerging European economies: measuring the QE announcement effects on foreign exchange markets," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 50(3), pages 625-655, August.
    15. Chia-Lin Chang & Shu-Han Hsu & Michael McAleer, 2018. "An Event Study of Chinese Tourists to Taiwan," Tinbergen Institute Discussion Papers 18-003/III, Tinbergen Institute.
    16. Ziliotto, Arianna & Serati, Massimiliano, 2015. "The semi-strong efficiency debate: In search of a new testing framework," Research in International Business and Finance, Elsevier, vol. 34(C), pages 412-438.
    17. AitSahlia, Farid & Yoon, Joon-Hui, 2016. "Information stages in efficient markets," Journal of Banking & Finance, Elsevier, vol. 69(C), pages 84-94.
    18. T. Tran X. & T. Nguyen P. & T. Pham M. & Т. Тран Х. & Т. Нгуен П. & Т. Пхам М., 2016. "Средняя степень эффективности рынка: реакция рынка на сообщения о дивидендах и доходах на бирже ценных бумаг во Вьетнаме // Semi-strong form efficiency: Market reaction to dividend and earnings announ," Review of Business and Economics Studies // Review of Business and Economics Studies, Финансовый Университет // Financial University, vol. 4(3), pages 53-67.
    19. Oberndorfer, Ulrich & Schmidt, Peter & Wagner, Marcus & Ziegler, Andreas, 2013. "Does the stock market value the inclusion in a sustainability stock index? An event study analysis for German firms," Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 497-509.
    20. Ercan Balaban & Charalambos Th. Constantinou, 2006. "Volatility clustering and event-induced volatility: Evidence from UK mergers and acquisitions," The European Journal of Finance, Taylor & Francis Journals, vol. 12(5), pages 449-453.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:pacfin:v:53:y:2019:i:c:p:268-277. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/pacfin .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.