The Relation Between Expected Returns, Realized Returns, and Firm Risk Characteristics*
By Christine A. Botosan, Marlene A. Plumlee, H. Wen. 2010
169 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/23121acabde0528eb2dfb7888a59a6196a7bbc42
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- Peter D. Wysocki
- Zhihong Chen
- Christian Leuz
- Nilabhra Bhattacharya
- Scott A. Richardson
- Terry Shevlin
- İ. Tuna
- Beng Wee Goh
Citations in the corpus
- The effect of corporate tax avoidance on the cost of equity (2013, methodology): “The mean and median cost of equity (R_PEG) are 11.7 percent and 10.5 percent, respectively, which are comparable to those reported in prior studies (e.g., Botosan et al. 2011).”
- The effect of carbon dissemination on cost of equity (2019, background): “This measure assumes no dividend payout and is associated “with firm‐specific risk characteristics in a theoretically predictable and stable manner” (Botosan et al., 2011, p. 1085).”
- Accounting Anomalies and Fundamental Analysis: A Review of Recent Research Advances (2010, background): “Botosan et al. (2009) are able to document a positive association between some measures of ICC and future stock returns after first”
- Directors׳ and officers׳ liability insurance and the cost of equity☆ (2016, background): “We control for unlevered beta (UBETA), firm size (LnMV), the book-to-market ratio (LnBM), leverage (LEV), and the forecast of long-term earnings growth (FLTG) as these variables are correlated with the cost of equity (Botosan et al., 2011).”
- Predicting market returns using aggregate implied cost of capital (2013, unknown): “Existing cross-sectional studies on the ICC have been unable to conclusively establish such a positive relationship (see Richardson, Tuna, and Wysocki (2010), Hou, van Dijk, and Zhang (2010), and Plumlee, Botosan, and Wen (2011)).”
- Direct and Mediated Associations among Earnings Quality, Information Asymmetry, and the Cost of Equity (2012, methodology): “We use a Value-Line-forecast-based measure of the cost of equity, based on previous research (e.g., Botosan and Plumlee 2005; Botosan et al. 2011) demonstrating the construct validity of this measure.”