King, Thomas A.; Fogarty, Timothy J. - In: Accounting, Auditing & Accountability Journal 35 (2021) 4, pp. 1093-1120
Purpose: Much in accounting research depends upon equity valuation. Too often, what the stock of publicly traded companies trade at is taken at its face value. Knowing that valuation is a function of performance relative to consensus security analyst expectations, more needs to be known about...