Advances in Quantitative Analysis of Finance and Accounting

• Rational delayed responses to earnings announcements (A.T.K. Lee). Explaining auditors going concern decisions using loan defaults/accommodations and covenant violations (T.J. Ward et al.). The dividend-price puzzle: a nonparametric approach (G. Vasconcellos, J.C. Mun and R. Kish). Loan loss provision and income smoothing: an analysis of the thrift industry (I. Hasan, W.C. Hunter). The effect of income smoothing on stock price (Chunchi Wu). Business viability risk assessment modeled through a Bayesian network approach (S. Dutta, L.E. Graham). Influence of unresolved commitments on investment decisions (L. Culumovic, J.P. Mayberry). Basis convergence and time-dependent hedging rule (Chin-Shen Lee). Forecasting stock prices from macroeconomic fundamentals: further evidence from an error correction model (N. Apergis). Stochastic dynamic relationship between stock price and EPS: forecasting evidence from an error correction model (A. Ghosh, C. Coyne). Categorizing mutual funds using clusters (H.A. Shawky, A. Marathe).

Eleven papers present quantitative analyses of issues in finance and accounting. Papers focus on rational delayed responses to earnings annoucements;... Lee is in the Department of Finance at Rutgers University. Journal of Economic Literature