Regression-Based Tests of the Market Pricing of Accounting Numbers: The Mishkin Test and Ordinary Least Squares

By Arthur G. Kraft, Andrew J. Leone, C. Wasley. 2007

153 citations recorded by the source corpus.

Subfields: Accounting, Finance, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/e2b537eff20eaa5e82b71766c49f3a668af37271

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. Martin Walker
2. K. Hussainey

In Finance

1. Martin Walker
2. K. Hussainey

In Management Science and Operations Research

1. Martin Walker

Citations in the corpus

• How far can we trust earnings numbers? What research tells us about earnings management (2013, methodology): “Kraft et al. (2007) discuss a problem involved in using the Mishkin test for a stock market anomaly.”
• The Market Reward for Achieving Analyst Earnings Expectations: Does Managing Expectations or Earnings Matter? (2011, unknown): “Given the evidence of Kraft et al. (2007), we use traditional OLS to examine whether the market is efficient in its use of information on achieving analyst forecasts.”