Firm-Specific Risk and Equity Market Development

By Gregory W. Brown, Nishad Kapadia. 2007

368 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/9dcf150ff1b33ceacf6cae8243e8305b52df1a9a

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In Accounting

1. Gustavo Grullon
2. Bernard Yeung
3. Randall K. Morck
4. Berardino Palazzo
5. Juliane Begenau
6. J. Weston
7. Ranjini Jha
8. Jung-wook Kim

In Economics and Econometrics

1. Shuba Srinivasan
2. Dominique M. Hanssens
3. Randall K. Morck
4. Bernard Yeung
5. Juliane Begenau
6. Gustavo Grullon
7. Berardino Palazzo
8. J. Weston

In Finance

1. Gustavo Grullon
2. Bernard Yeung
3. Shuba Srinivasan
4. Dominique M. Hanssens
5. Berardino Palazzo
6. Juliane Begenau
7. J. Weston
8. Ranjini Jha

Citations in the corpus

• Creative destruction and firm-specific performance heterogeneity (2007, background): “Corporate Demography Rising firm performance heterogeneity is linked to a rising proportion of small or young firms (Campbell, Lettau, Malkiel, and Xu, 2001; Pastor and Veronesi, 2003; Fama and French, 2004; Fink, Fink, Grullon, and Weston, 2005; Bennett and Sias, 2006; Davis, Haltiwanger, Jarmin, a”
• Idiosyncratic Shocks to Firm Underlying Economics and Abnormal Accruals (2017, neutral): “2004; Irvine and Pontiff 2009; Brown and Kapadia 2007). Fama and French (2004) report that the ten-year survival rate for seasoned firms falls from 61% for the 1973 cohort to 47% for the”
• Is Aggregate Market Power Increasing? Production Trends Using Financial Statements (2018, neutral): “(2006), Brown and Kapadia (2007), or more recently Doidge et al.”
• Marketing and Firm Value: Metrics, Methods, Findings, and Future Directions (2009, positive): “Theoretically, it is not related to a firm’s long-term stock price, but there is increasing empirical support for the role of idiosyncratic volatility (e.g., Brown and Kapadia 2007).”
• Idiosyncratic Return Volatility and the Information Quality Underlying Managerial Discretion (2012, background): “…set (Guo and Savickas (2008)), availability of growth options (Cao et al. (2008)), institutional ownership (Bennett, Sias, and Starks (2003), Xu and Malkiel (2003)), and changing sample composition with newly listed firms becoming riskier (Brown and Kapadia (2007)) and younger (Fink et al. (2010)).”
• Firm selection and corporate cash holdings (2020, positive): “To investigate the importance of the entry margin on the average cash–to–asset ratio, we follow a similar approach as Brown and Kapadia (2007). Using firm-level data from Compustat, we estimate the following panel regression model: CHi,t = α + βt + ∑ k∈{K} γk × Ii∈k + εi,t”