A Theory of Firm Characteristics and Stock Returns: The Role of Investment-Specific Shocks

By Leonid Kogan, Dimitris Papanikolaou. 2012

186 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/d1d937c665bbee944ae79914f7e15418bfd8e318

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. Chen Xue
2. Kewei Hou
3. Lu Zhang
4. Xiaoji Lin
5. Dongmei Li
6. L. Gu
7. A. Donangelo
8. Kenneth R. Ahern

In Finance

1. Chen Xue
2. Kewei Hou
3. Lu Zhang
4. Xiaoji Lin
5. L. Gu
6. Dongmei Li
7. Amit Goyal
8. A. Donangelo

In Strategy and Management

1. Kewei Hou
2. Chen Xue
3. Lu Zhang
4. Xiaoji Lin
5. Dongmei Li
6. Yuhang Xing
7. Amit Goyal
8. Mariano Massimiliano Croce

Citations in the corpus

• Digesting Anomalies: An Investment Approach (2015, methodology): “This equivalence no longer holds in more general settings with project heterogeneity as in real options models such as Berk, Green, and Naik (1999); Carlson, Fisher, and Giammarino (2004); and Kogan and Papanikolaou (2013).”
• Investment and the Weighted Average Cost of Capital (2016, unknown): “Kogan and Papanikolaou (2013) suggest that investment specific technology (IST) shocks are important.”