Behavioral and Rational Explanations of Stock Price Performance around SEOs: Evidence from a Decomposition of Market-to-Book Ratios

By Mike Hertzel, Zhi Li. Journal of Financial and Quantitative Analysis, 2010

216 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/2551a4811ee2a39045196560d664a1dc661ecf41

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. R. D. McLean
2. W. Sharpe
3. H. Zhang
4. Gary Gang Tian
5. Leming Lin
6. Fangjian Fu
7. Micah S. Officer
8. M. Humphery‐Jenner

In Finance

1. R. D. McLean
2. W. Sharpe
3. H. Zhang
4. Gary Gang Tian
5. Leming Lin
6. Fangjian Fu
7. Micah S. Officer
8. Heiko Jacobs

Citations in the corpus

• Mutual fund ownership, firm specific information, and firm performance: evidence from China (2013, methodology): “This estimation is consistent with that reported in Hertzel and Li (2010)”
• Share Issuance and Cash Savings (2011, background): “1 The precautionary motive for cash savings is further studied by Holmstrom and Tirole (1996, 1998), Opler, Pinkowitz, Stulz, and Williamson (1999), Mikkelson and Partch (2003), Almeida, Campello, and Weisbach (2004), Acharya, Almeida, and Campello (2007), Han and Qiu (2007), Haushalter, Klasa, and ”
• Acquisitions Driven by Stock Overvaluation: Are They Good Deals? (2013, methodology): “Our third approach is Ibbotson’s (1975) returns across time and securities (IRATS) method combined with the Fama and French three-factor model.”