Stanford University / Graduate School of Business
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Seguin, Paul L.
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Seguin, Paul J
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Seguin, Paul
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1900||2100
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Charles M. C. Lee is a Professor at Cornell University.
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WAVERLY PRESS INC
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pWILLIAM R. GEBHARDT,* CHARLES M. C. LEE,* AND BHASKARAN SWAMINATHAN*/p pReceived 15 January 1999; accepted 13 September 2000/p pJohnson Graduate School of Management, Cornell University, Ithaca, NY 14853. We have benefited from the comments and suggestions of Anwer Ahmed, Brad Barber (referee), Michael Brennan, Paul Healy (referee), Richard Leftwich (editor), Bart Madden,Jim Ohlson, Stephen Penman, and workshop participants at the 1998 Financial, Economics and Accounting Conference, University of California at Berkeley, University of Illinois, University of Minnesota, University of Michigan, the 1999 American Accounting Association Annual Meetings, and the 2000 American Finance Association Annual Meetings. Analyst forecast information was provided by I/B/E/S Inc./p
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pSANJEEV BHOJARJ AND CHARLES M. C. LEE*/p pReceived 4 January 2001; accepted 4 September 2001/p p*Johnson Graduate School of Management, Cornell University. We thank Bhaskaran Swaminathan, as well as workshop participants at the Australian Graduate School of Management, Cornell University, Indiana University, the 2001 Journal of Accounting Research Conference, the 2001 HKUST Summer Symposium, Syracuse University, and an anonymous referee, for helpful comments. The data on analyst earnings forecasts are provided by I/B/E/S International Inc./p
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pKAUSHIK I. AMIN, Vice President Lehman Brothers/p pCHARLES M. C. LEE, Associate Professor Cornell University/p
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pCharles M.C. Lee is Henrietta Johnson Louis Professor of Management and Bhaskaran Swaminathan is assistant professor of finance at the Johnson Graduate School of Management, Cornell University./p pOur work benefited from the input of many individuals, including participants in workshops conducted at the Spring 1999 Berkeley Program in Finance, the Spring 1999 University of California at Los Angeles Equity Premium Conference, and at the University of Chicago, Cornell University, Dartmouth College, the University of Florida, the N.B.E.R. Behavioral Finance Group, the London Business School, the Massachusetts Institute of Technology, Northwestern University, Stanford University, the University of Utah, and the University of Washington and at the 1997 Western Finance Association Annual Meetings. Ken French kindly provided the industrial portfolio and the factor portfolio returns./p
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NBER
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Cornell University - Samuel Curtis Johnson Graduate School of Management
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