A UK Test of an Inflation-Adjusted Ohlson Model, Journal of Business Finance <html_ent glyph="@amp;" ascii="&"/> Accounting, vol.48, issue.3-4, pp.306-686, 2005. ,
DOI : 10.1016/0165-4101(89)90017-7
An emerging market credit scoring system for corporate bonds, Emerging Markets Review, vol.6, issue.4, pp.311-323, 2005. ,
DOI : 10.1016/j.ememar.2005.09.007
An Empirical Evaluation of Accounting Income Numbers, Journal of Accounting Research, vol.6, issue.2, pp.159-178, 1968. ,
DOI : 10.2307/2490232
Relative valuation roles of equity book value and net income as a function of financial health, Journal of Accounting and Economics, vol.25, issue.1, pp.1-34, 1998. ,
DOI : 10.1016/S0165-4101(98)00017-2
The relevance of the value relevance literature for financial accounting standard setting: another view, Journal of Accounting and Economics, vol.31, issue.1-3, pp.77-104, 2001. ,
DOI : 10.1016/S0165-4101(01)00019-2
The rewards to meeting or beating earnings expectations, Journal of Accounting and Economics, vol.33, issue.2, pp.173-204, 2002. ,
DOI : 10.1016/S0165-4101(02)00045-9
Southern multinationals: A growing phenomenon, IFC, 2005. ,
The Association between Unsystematic Security Returns and the Magnitude of Earnings Forecast Errors, Journal of Accounting Research, vol.17, issue.2, pp.316-340, 1979. ,
DOI : 10.2307/2490507
Accounting for Inflation in an Efficient Market The Impact of Inflation on Accounting: A Global View, International Journal of Accounting, pp.21-42, 1979. ,
The Relation between Market Values, Earnings Forecasts, and Reported Earnings, Contemporary Accounting Research, vol.19, issue.1, 2002. ,
DOI : 10.1506/7C61-9Q4M-G7D2-64BK
The Usefulness of Earnings and Book Value for Equity Valuation in Emerging Capital Markets: Evidence From Listed Companies in the People's Republic of China, Journal of International Financial Management and Accounting, vol.10, issue.2, 1999. ,
DOI : 10.1111/1467-646X.00045
Inflation and the Constant-Growth Valuation Model: A Clarification, SSRN Electronic Journal, 2003. ,
DOI : 10.2139/ssrn.356540
Accounting Valuation Models: A Short Primer, Abacus, vol.43, issue.2, pp.429-437, 2007. ,
DOI : 10.1111/j.1467-6281.2007.00240.x
Investing in Emerging Markets The research foundation of AIMR, 2003. ,
Valuation and valuation planning for closely held businesses, 1981. ,
Empirical Tests of the Feltham???Ohlson (1995) Model, Review of Accounting Studies, vol.16, issue.4, 2005. ,
DOI : 10.1007/s11142-005-4208-3
Is accounting information value-relevant in the emerging Chinese stock market?, Journal of International Accounting Auditing & Taxation, vol.10, pp.1-22, 2001. ,
Conservative Accounting and Linear Information Valuation Models, Contemporary Accounting Research, vol.23, issue.1, 2006. ,
DOI : 10.1506/7Y8H-C8PP-8HFR-831W
Statistical Methods for Comparing Regression Coefficients Between Models, American Journal of Sociology, vol.100, issue.5, pp.1261-1293, 1995. ,
DOI : 10.1086/230638
Changes in the value relevance of earnings and book-value over the past fourty years, Journal of accounting and Economics, p.24, 1997. ,
Changes in the value-relevance of earnings and book values over the past forty years, Journal of Accounting and Economics, vol.24, issue.1, pp.39-67, 1997. ,
DOI : 10.1016/S0165-4101(97)00015-3
A resource web site on research methods and research in M&A ,
An empirical assessment of the residual income valuation model, Journal of Accounting and Economics, vol.26, issue.1-3, 1999. ,
DOI : 10.1016/S0165-4101(98)00049-4
Effect of Analysts' Optimism on Estimates of the Expected Rate of Return Implied by Earnings Forecasts, Journal of Accounting Research, vol.79, issue.5, 2007. ,
DOI : 10.1023/B:RAST.0000028189.69338.c1
The theory and measurement of business income, 1961. ,
Uncertainty Resolution and the Theory of Depreciation Measurement, Journal of Accounting Research, vol.34, issue.2, pp.209-234, 1996. ,
DOI : 10.2307/2491500
The theory of interest, 1930. ,
Quarterly accounting data:time series properties and predictive ability results, Accounting Review, vol.52, pp.1-21, 1977. ,
Comparing the Accuracy and Explainability of Dividend, Free Cash Flow, and Abnormal Earnings Equity Value Estimates, Journal of Accounting Research, vol.38, issue.1, pp.45-70, 2000. ,
DOI : 10.2307/2672922
Accounting valuation, market expectation, and cross-sectional stock returns, Journal of Accounting and Economics, vol.25, issue.3, pp.283-319, 1998. ,
DOI : 10.1016/S0165-4101(98)00026-3
Revisiting Ohlson's Equity Valuation Model, 2003. ,
Valuation and Clean Surplus Accounting for Operating and Financial Activities, Contemporary Accounting Research, vol.11, issue.2, pp.689-731, 1995. ,
Inferring the Cost of Capital Using the Ohlson?Juettner Model, Review of Accounting Studies, vol.8, issue.4, pp.399-431, 2003. ,
DOI : 10.1023/A:1027378728141
Accounting based valuation models: what have we learned?, Accounting and Finance, vol.53, issue.2, pp.223-225, 2004. ,
DOI : 10.1016/S0165-4101(00)00016-1
Econometric analysis The pricing of dividends in equity valuation, Journal of Business Finance & Accounting, vol.5, pp.435-469, 2003. ,
The information content of losses, Journal of Accounting and Economics, vol.20, issue.2, pp.125-153, 1995. ,
DOI : 10.1016/0165-4101(95)00397-2
The relevance of the value-relevance literature for financial accounting standard setting, Journal of Accounting and Economics, issue.31, pp.3-75, 2001. ,
Reconciling Growth and Persistence as Explanations for Accrual Mispricing, SSRN Electronic Journal, 2008. ,
DOI : 10.2139/ssrn.1117739
Dirty surplus accounting flows and valuation errors, Abacus, vol.34, issue.3-4, p.42, 2006. ,
DOI : 10.1111/j.1467-6281.2006.00203.x
How GE is Disrupting itself, Harvard Business Review, 2009. ,
Testing the Ohlson Model v or not v , that is the question, 1998. ,
Discussion of Earnings, Book Value and Dividends in Equity Valuation: An Emperical Approach, Contemporary Accounting Research, vol.18, issue.1, pp.121-151, 2001. ,
A test of the Ohlson (1995) model, The International Journal of Accounting, vol.37, issue.2, pp.157-182, 1995. ,
DOI : 10.1016/S0020-7063(02)00150-4
Price and return models, Journal of Accounting and Economics, vol.20, issue.2, pp.155-192, 1995. ,
DOI : 10.1016/0165-4101(95)00399-4
What is the Intrinsic Value of the Dow?, The Journal of Finance, vol.60, issue.5, pp.1693-1741, 1999. ,
DOI : 10.1111/0022-1082.00164
L'évaluation par les flux libres de fonds propres ajustés du risque de la dette, 2005. ,
Modélisation de la défaillance et coût du capital (Part-1) Teaching notes, 2005. ,
Modélisation de la défaillance et coût du capital (Part-II) Teaching notes, 2006. ,
Equity valuation using multiples, Journal of Accounting Research, vol.40, issue.1, 2002. ,
Is Cash Flow King in Valuations ? Financial Analysts Journal, pp.56-68, 2007. ,
The Ohlson Model : Contribution to valuation theory, limitations, and empirical applications, Journal of Accounting Auditing & Finance, p.15, 2000. ,
Reconciling Value Estimates from the Discounted Cash Flow Value Model and the Residual Income Model, SSRN Electronic Journal, vol.18, pp.331-335, 2001. ,
DOI : 10.2139/ssrn.229445
Dividend Policy, Growth, and the Valuation of Shares, The Journal of Business, vol.34, issue.4, pp.411-433, 1961. ,
DOI : 10.1086/294442
Endogenous Parameter Time Series Estimation of The Ohlson Model: Linear and Non Linear Analysis, Journal of Business Fiance and Accounting, vol.30, issue.910, pp.306-686, 2003. ,
Implementing Residual Income Valuation With Linear Information Dynamics, The Accounting Review, vol.74, issue.1, 1999. ,
DOI : 10.2308/accr.1999.74.1.1
Earnings, Book Values, and Dividends in Equity Valuation, Contemporary Accounting Research, vol.11, issue.2, pp.661-687, 1995. ,
DOI : 10.1111/j.1911-3846.1995.tb00461.x
On Accounting-Based Valuation Formulae, Review of Accounting Studies, issue.10, pp.323-347, 2005. ,
Earnings, Earnings Growth and Value, Foundations and Trends?? in Accounting, vol.1, issue.1, pp.1-70, 2006. ,
DOI : 10.1561/1400000001
Expected EPS and EPS Growth as determinants of Value, Review of Accounting Studies, vol.10, issue.2-3, 2005. ,
Residual Income Valuation: The Problems, SSRN Electronic Journal, 2000. ,
DOI : 10.2139/ssrn.218748
Earnings, Book Values, and Dividends in Equity Valuation, Contemporary Accounting Research, vol.11, issue.2, pp.107-127, 2001. ,
DOI : 10.1111/j.1911-3846.1995.tb00461.x
USING THE CORRECT STATISTICAL TEST FOR THE EQUALITY OF REGRESSION COEFFICIENTS, Criminology, vol.21, issue.4, pp.859-866, 1998. ,
DOI : 10.1007/BF01064110
SOME FORMAL CONNECTIONS BETWEEN ECONOMIC VALUES AND YIELDS AND ACCOUNTING NUMBERS, Journal of Business Finance & Accounting, vol.9, issue.1978, pp.361-399, 1982. ,
DOI : 10.2307/3003000
Discussion of ''On Accounting-Based Valuation Formulae'' and ''Expected EPS and EPS Growth as Determinants of Value, Review of Accounting Studies, issue.10, pp.367-378, 2005. ,
A Synthesis of Equity Valuation Techniques and the Terminal Value Calculation for the Dividend Discount Model, SSRN Electronic Journal, vol.2, pp.303-323, 1997. ,
DOI : 10.2139/ssrn.38720
Valuing a business: the analysis and appraisal of closely held companies (éd, 2000. ,
The fair value and yield of common stock, The Accounting Review, pp.130-140, 1936. ,
Annual Survey of Economic Theory: The Theory of Depreciation, Econometrica, vol.6, issue.3, pp.219-241, 1938. ,
DOI : 10.2307/1907053
The Decline of Inflation and the Bull Market of 1982-1999, The Journal of Financial and Quantitative Analysis, vol.37, issue.1, pp.29-61, 2002. ,
DOI : 10.2307/3594994
A Tutorial on the Ohlson and Feltham/ Ohlson Models: Answers to some Frquently Asked Question, Contemporary Accounting Research, issue.2, pp.749-761, 1995. ,
Capital markets research in accounting, Journal of Accounting and Economics, vol.31, issue.1-3, pp.105-231, 2001. ,
DOI : 10.1016/S0165-4101(01)00030-1
Accounting in an Inflationary Environment, 1981. ,
The quest for value, 1991. ,
The Impact of Expectations Manipulation on the Usefulness of Analyst Forecasts in Firm Valuation*, SSRN Electronic Journal, 2009. ,
DOI : 10.2139/ssrn.1464467
When an event is not an event: the curious case of an emerging market, Journal of Financial Economics, vol.55, issue.1, pp.69-101, 2000. ,
DOI : 10.1016/S0304-405X(99)00045-8
The Feltham-Ohlson Framework: Implications for Empiricists, Contemporary Accounting Research, vol.11, issue.2, pp.733-747, 1995. ,
Likelihood Ratio Tests for Model Selection and Non-Nested Hypotheses, Econometrica, vol.57, issue.2, pp.307-333, 1989. ,
DOI : 10.2307/1912557
Towards an understanding of profitability analysis within the residual income valuation framework, Accounting and Business Research, vol.73, issue.3, 2003. ,
DOI : 10.1111/j.1911-3846.1995.tb00461.x
Dreaming with BRICs: The Path to 2050 Global Economics Paper No.99, 2003. ,
Accounting Information, Capital Investment Decisions, and Equity Valuation: Theory and Empirical Implications, Journal of Accounting Research, vol.38, issue.2, pp.271-295, 2000. ,
DOI : 10.2307/2672934
Conservative accounting and equity valuation, Journal of Accounting and Economics, vol.29, issue.1, pp.125-149, 2000. ,
DOI : 10.1016/S0165-4101(00)00016-1