Author: | O'Hanlon, J. |
Title: | Return/earnings regressions and residual income: empirical evidence |
Journal: | Journal of Business Finance and Accounting
1995 : JAN, VOL. 22:1, p. 53-66 |
Index terms: | EARNINGS STOCK RETURNS RESIDUAL INCOME |
Language: | eng |
Abstract: | This study seeks to add to the Ohlson inspired return/earnings literature by using return/earnings regression models which acknowledge that the theoretical model which underlies research designs employing levels and differences of earnings which are conventionally found in this literature is based on the statement of earnings in clean surplus form and makes specific simple assumptions about the time series properties of residual income. |
SCIMA