articleTop 1% cited

Detecting long-run abnormal stock returns: The empirical power and specification of test statistics

Journal of Financial Economics · 1997 · Vol. 43(3) · pp. 341–372

Brad M. Barber✉(University of California, Davis)John D. Lyon(University of California, Davis)

Financial Markets and Investment Strategies Corporate Finance and Governance Auditing, Earnings Management, GovernanceEconometricsStatisticsEvent studyStatistical hypothesis testingIndex (typography)Matching (statistics)Stock marketPortfolioStock (firearms)Economics

Citations

2,854

FWCI

86.06

field-weighted impact

References

Percentile

100%

vs. same field & year

Citations per year

Cited by

New Evidence and Perspectives on Mergers

The Journal of Economic Perspectives · 2001 · 2,708 citations

Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1

Journal of Financial Economics · 1998 · 2,520 citations

Are Insider Trades Informative?

Review of Financial Studies · 2001 · 1,292 citations

A century of corporate takeovers: What have we learned and where do we stand?

Journal of Banking & Finance · 2008 · 588 citations

Earnings Management and the Long‐Run Market Performance of Initial Public Offerings

The Journal of Finance · 1998 · 2,386 citations

Corporate governance, chief executive officer compensation, and firm performance

Journal of Financial Economics · 1999 · 4,474 citations

Politically Connected Firms

American Economic Review · 2006 · 3,911 citations

A Review of IPO Activity, Pricing, and Allocations

The Journal of Finance · 2002 · 2,475 citations

References

Common risk factors in the returns on stocks and bonds

Journal of Financial Economics · 1993 · 27,375 citations

Conflict of Interest and the Credibility of Underwriter Analyst Recommendations

Review of Financial Studies · 1999 · 1,632 citations

Measuring security price performance

Journal of Financial Economics · 1980 · 3,391 citations

Using daily stock returns

Journal of Financial Economics · 1985 · 6,526 citations

The Long‐Run Performance of initial Public Offerings

The Journal of Finance · 1991 · 3,423 citations

The New Issues Puzzle

The Journal of Finance · 1995 · 3,392 citations

The Cross‐Section of Expected Stock Returns

The Journal of Finance · 1992 · 15,057 citations

Nonparametric Statistical Methods

Technometrics · 1999 · 6,146 citations

Citation Network

How this paper connects to the literature. Drag to explore, click any node to open that paper.