Bhattacharya, Nilabhra; Demers, Elizabeth; Joos, Philip - In: Journal of Business Finance & Accounting 37 (2010-04) 3-4, pp. 291-321
Prior research shows that accounting information is relevant for stock valuation, failure prediction, performance evaluation, optimal contracting, and other decision-making contexts in relatively stable market settings. By contrast, accounting's role during stock market bubbles such as those...