This doctoral-level course provides an introduction to empirical accounting research on the effects of accounting information in capital markets. Topics include the returns/earnings relation, value relevance, market efficiency, anomalies and mispricing, disclosure processing frictions, and the roles of intermediaries. Readings include classic and contemporary studies, primarily focusing on empirical analysis of archival data.
3 units · GSB Letter Graded
This doctoral-level course provides an introduction to empirical accounting research on the effects of accounting information in capital markets. Topics include the returns/earnings relation, value relevance, market efficiency, anomalies and mispricing, disclosure processing frictions, and the roles of intermediaries. Readings include classic and contemporary studies, primarily focusing on empirical analysis of archival data.
Offered in Winter 2027 at Stanford University.