Contextual Fundamental Analysis Through the Prediction of Extreme Returns

By M. Beneish, Charles M. C. Lee, R. L. Tarpley. 2001

145 citations recorded by the source corpus.

Subfields: Accounting, Finance, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/f34e0946a410fd2468f45519ec3ff9a8777f8ed7

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Citations in the corpus

Analyzing the Analysts: When Do Recommendations Add Value? (2004, background): “Beneish, Lee, and Tarpley (2001) show that growth firms with high CAPEX also tend to earn lower subsequent returns.”
Earnings Manipulation and Expected Returns (2013, background): “…earnings quality (Lev and Thiagarajan 1993; Sloan 1996; Richardson et al. 2005), bankruptcy risk (Altman 1968; Ohlson 1980), the direction of future earnings (Ou and Penman 1989), and future returns (Holthausen and Larcker 1992; Piotroski 2000; Beneish, Lee, and Tarpley 2001; Mohanram 2005).”
On the Predictability of Chinese Stock Returns (2010, unknown): “12 Following Bradshaw et al. (2006), ∆EQ is the net cash received from the sale (and/or purchase) of common and preferred stock less cash dividends paid for the fiscal year ending in calendar year t – 1. 15. External Debt Financing (∆DT) Following Bradshaw et al. (2006), ∆DT is the net cash received”
Separating Winners from Losers among LowBook-to-Market Stocks using Financial Statement Analysis (2005, methodology): “…like most signals used in this paper, is based on industry contextual information, consistent with Soliman (2004) who illustrates the importance of industry-adjustment in Dupont analysis, and indirectly with Beneish et al. (2001), who highlight the importance of context in fundamental analysis.”
Identifying Expectation Errors in Value/Glamour Strategies: A Fundamental Analysis Approach (2012, unknown): “…1996), net financing activities (Bradshaw, Richardson, and Sloan 2006), and a host of different financial statement analysis-based ratios and summary statistics (Ou and Penman 1989; Abarbanell and Bushee 1998; Piotroski 2000; Beneish, Lee, and Tarpley 2001; Doyle, Lundholm, and Soliman 2003).”