On Comparing Cash Flow and Accrual Accounting Models for Use in Equity Valuation: A Response to Lundholm and O'Keefe (CAR, Summer 2001)

By Stephen H. Penman. 2001

156 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/bd183804df21bee50cf1685d0534fad36889b3a8

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. C. Clubb
2. Richard William Barker
3. Shahed Imam

In Strategy and Management

1. C. Clubb
2. Richard William Barker
3. Shahed Imam
4. A. Belal

Citations in the corpus

• The Use of Valuation Models by UK Investment Analysts (2008, background): “Penman (2001) argues that such empirical comparison is a useful test of the relevance of accrual accounting for equity valuation even if valuation differences can be explained by forecast assumption inconsistencies.”