Shleifer, A., and Vishny, R. 1997. The limits of arbitrage. 52, 35-55. Journal of Finance Shroff, P. 1995. Determinants of the returns-earnings correlation. Contemporary Accounting 12, 41-55. Research R. 1996. Do stock prices fully reflect information in accruals and cash flows about future earnings? 71, 289-315. The Accounting Review Titman, S., K. Wei, and F. Xie. 2004. Capital investment and stock returns. Journal of Financial 39, 677-700. and Quantitative Analysis Thomas, J., and H. Zhang. 2002. Inventory changes and future returns. Review of Accounting 7, 163-187. Studies Wahlen, J., and M. Weiland. 2011. Can financial statement analysis beat analysts’ recommendations? 16, 89-115. Review of Accounting Studies Wu, J., L. Zhang, and X. Zhang. 2010. The q-theory approach to understanding the accrual anomaly. 48, 177-223. Journal of Accounting Research Xie, H. 2001. The mispricing of abnormal accruals. 76, 357-373. The Accounting Review Zacks, L. (ed). 2011. Hoboken, NJ: John Wiley & The Handbook of Equity Market Anomalies. Sons. X. 2000. Conservative accounting and equity valuation. Journal of Accounting and 29, 125-149. Economics Zhang, X. 2007. Accruals, investment, and the accrual anomaly. 82, The Accounting Review 1333-1363.
Shleifer, A., and Vishny, R. 1997. The limits of arbitrage. Journal of Finance 52, 35-55. Shroff, P. 1995. Determinants of the returns-earnings correlation. Contemporary Accounting Research 12, 41-55. R. 1996. Do stock prices fully reflect information in accruals and cash flows about future earnings? The Accounting Review 71, 289-315. Titman, S., K. Wei, and F. Xie. 2004. Capital investment and stock returns. Journal of Financial and Quantitative Analysis 39, 677-700. Thomas, J., and H. Zhang. 2002. Inventory changes and future returns. Review of Accounting Studies 7, 163-187. Wahlen, J., and M. Weiland. 2011. Can financial statement analysis beat analysts’ recommendations? Review of Accounting Studies 16, 89-115. Wu, J., L. Zhang, and X. Zhang. 2010. The q-theory approach to understanding the accrual anomaly. Journal of Accounting Research 48, 177-223. Xie, H. 2001. The mispricing of abnormal accruals. The Accounting Review 76, 357-373. Zacks, L. (ed). 2011. The Handbook of Equity Market Anomalies. Hoboken, NJ: John Wiley & Sons. X. 2000. Conservative accounting and equity valuation. Journal of Accounting and Economics 29, 125-149. Zhang, X. 2007. Accruals, investment, and the accrual anomaly. The Accounting Review 82, 1333-1363.
Anomalies%20TAR%20Final.docx