Stephen Penman

26 catalog papers. Identity-linked publications and additional name matches are distinguished below.

ORCID: 0000-0002-2435-5119

Columbia University

Publications

• An accounting-based asset pricing model and a fundamental factor☆ — Journal of Accounting and Economics 2022
• Moving the Conceptual Framework Forward: Accounting for Uncertainty† — Contemporary Accounting Research 2020
• A theoretical analysis connecting conservative accounting to the cost of capital☆ — Journal of Accounting and Economics 2020
• A Matter of Principle: Accounting Reports Convey Both Cash-Flow News and Discount-Rate News — Management Science 2019
• Accounting Anomalies, Risk, and Return — The Accounting Review 2014 (name-matched, not ORCID-linked)
• Returns to buying earnings and book value: accounting for growth and risk — Review of Accounting Studies 2013
• The pricing of earnings and cash flows and an affirmation of accrual accounting — Review of Accounting Studies 2009
• The Book-to-Price Effect in Stock Returns: Accounting for Leverage — Journal of Accounting Research 2007
• Editorial — Review of Accounting Studies 2006
• Editorial — Review of Accounting Studies 2005
• Discussion of “On Accounting-Based Valuation Formulae” and “Expected EPS and EPS Growthas Determinants of Value” — Review of Accounting Studies 2005
• Financial Statement Analysis of Leverage and How It Informs About Profitability and Price-to-Book Ratios — Review of Accounting Studies 2003
• The Association between Changes in Interest Rates, Earnings, and Equity Values* — Contemporary Accounting Research 2003
• Editorial — Review of Accounting Studies 2002
• Discussion of “Back to Basics: Forecasting the Revenues of Internet Firms” and “A Rude Awakening: Internet Shakeout in 2000” — Review of Accounting Studies 2001
• Ratio Analysis and Equity Valuation: From Research to Practice — Review of Accounting Studies 2001
• On Comparing Cash Flow and Accrual Accounting Models for Use in Equity Valuation: A Response to Lundholm and O'Keefe (CAR, Summer 2001)* — Contemporary Accounting Research 2001
• A Synthesis of Equity Valuation Techniques and the Terminal Value Calculation for the Dividend Discount Model — Review of Accounting Studies 1998
• Combining Earnings and Book Value in Equity Valuation* — Contemporary Accounting Research 1998
• A Comparison of Dividend, Cash Flow, and Earnings Approaches to Equity Valuation* — Contemporary Accounting Research 1998
• Financial statement analysis and the prediction of stock returns☆ — Journal of Accounting and Economics 1989
• The distribution of earnings news over time and seasonalities in aggregate stock returns — Journal of Financial Economics 1987
• Volatility increases subsequent to stock splits: An empirical aberration — Journal of Financial Economics 1985
• A Comparison of the Information Content of Insider Trading and Management Earnings Forecasts — Journal of Financial and Quantitative Analysis 1985
• Abnormal returns to investment strategies based on the timing of earnings reports — Journal of Accounting and Economics 1984
• The Predictive Content of Earnings Forecasts and Dividends — The Journal of Finance 1983