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Kothari and Wasley (2019) discuss how capital market research has developed since Ball and Brown (1968). Below are some suggested resources. Ball, R. and Brown,

Kothari and Wasley (2019) discuss how capital market research has developed since Ball and Brown (1968). Below are some suggested resources.

  • Ball, R. and Brown, P., 1968. An empirical evaluation of accounting income numbers. Journal of Accounting Research, pp.159-178.
  • Beaver, W.H., 1968. The information content of annual earnings announcements. Journal of Accounting Research, pp.67-92.
  • Landsman, W.R., Maydew, E.L. and Thornock, J.R., 2012. The information content of annual earnings announcements and mandatory adoption of IFRS. Journal of Accounting and Economics, 53(1-2), pp.34-54.
  • Kothari, S.P., 2001. Capital markets research in accounting. Journal of Accounting and Economics, 31(1-3), pp.105-231.
  • Kothari, S.P. and Wasley, C., 2019. Commemorating the 50Year Anniversary of Ball and Brown (1968): The Evolution of Capital Market Research over the Past 50 Years. Journal of Accounting Research, 57(5), pp.1117-1159.

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Critically analyse the findings of Kothari and Wasley (2019) with suggestions to future direction of capital market research. Find references of Kothari and Wasley (2019), Ball and Brown (1968), and a few other articles that might be useful. You can, however, include other articles that you consider relevant.

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