The effectiveness of Regulation FD

A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix

Whitney K. Newey, Kenneth D. West · Econometrica · 1987 · 16.8K citations

Empirical Finance, Volatility Modeling, Economics +13

Risk, Return, and Equilibrium: Empirical Tests

Eugene F. Fama, James D. MacBeth · Journal of Political Economy · 1973 · 14.9K citations

Empirical Finance, Investment Strategy, Economics +12

The investment opportunity set and corporate financing, dividend, and compensation policies

Clifford W. Smith, Ross L. Watts · Journal of Financial Economics · 1992 · 3.8K citations

Payout Policy, Compensation Policies, Corporate Financing +6

Why Does Stock Market Volatility Change Over Time?

G. William Schwert · The Journal of Finance · 1989 · 3.5K citations

Volatility Modeling, Multivariate Stochastic Volatility, Financial Economics +13

The Information Content of Annual Earnings Announcements

William H. Beaver · Journal of Accounting Research · 1968 · 2.8K citations

Accounting, Accounting Practice, Business +7