Provided by James R. Martin, Ph.D., CMA
Professor Emeritus, University of South Florida
Financial
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Akono, H., K. Karim and E. Nwaeze. 2019. Analyst rounding of EPS forecasts and stock recommendations. Advances in Accounting: Incorporating Advances in International Accounting (44): 68-80.
Ali, A., A. Klein and J. Rosenfeld. 1992. Analysts'use of information about permanent and transitory earnings components in forecasting annual EPS. The Accounting Review (January): 183-198.
Arnold, D. F. and T. E. Humann. 1973. Earnings per share: An empirical test of the market parity and the investment value methods. The Accounting Review (January): 23-33.
Balsam, S. and R. Lipka. 1998. Share prices and alternative measures of earnings per share. Accounting Horizons (September): 234-249.
Barlev, B. 1983. Contingent equity and the dilutive effect on EPS. The Accounting Review (April): 385-393.
Barth, M. E., T. B. Bell, D. W. Collins, G. M. Crooch, J. A. Elliot, T. J. Flecka, E. A. Imhoff, Jr. W. R. Landsman and R. G. Stephens. 1994. AAA's Financial Accounting Standards Committee reports. Response to the FASB prospectus "Earnings per share". Accounting Horizons (June): 111-113.
Bens, D. A., V. Nagar, D. J. Skinner and M. H. F. Wong. 2003. Employee stock options, EPS dilution, and stock repurchases. Journal of Accounting and Economics (December): 51-90.
Berenson, A. 2003. The Number: How the Drive for Quarterly Earnings Corrupted Wall Street and Corporate America. Random House. ("More than any other number, earnings per share determines whether a company's shares will rise or fall, whether its chief executive will be rewarded or fired, whether it will build a new headquarters or endure a round of layoff. On Wall Street, a place of little subtlety, earnings per share is known as "the number"....Earnings per share is the number that counts. Too bad it's a lie." Berenson. 2003. The Number, p. xxviii).
Biddle, G. C. 1988. Discussion of "Inventory accounting and earnings/price ratios: A puzzle". Contemporary Accounting Research 5(1): 389-396.
Bierman, H. Jr. and E. Liu. 1968. The computation of earnings per share. The Accounting Review (January): 62-67.
Bird, F. A. and P. A. Jones. 1970. A decision-tree approach to earnings per share. The Accounting Review (October): 779-783.
Cheung, J. K. 1992. An option-theoretic argument favoring EPS dilution over holding gain/loss. Accounting Horizons (June): 86-89.
Choi, J., L. A. Myers, Y. Zang and D. A. Ziebart. 2011. Do management EPS forecasts allow returns to reflect future earnings? Implications for the continuation of management's quarterly earnings guidance. Review of Accounting Studies 16(1): 143-182.
Collingwood, H. 2001. The earnings game: Everyone plays, nobody wins. Harvard Business Review (June): 65-74. (Summary).
Coughlan, J. W. 1988. Anomalies in calculating earnings per share. Accounting Horizons (December): 80-88.
Coughlan, J. W. 1991. Fully diluted arithmetic. Management Accounting (October): 45-49. (Related to earnings per share).
Coughlan, J. W. 1997. ESOs and EPS. Accounting Horizons (March): 25-38. (ESOs refers to employee stock options).
Das, S. and H. Zhang. 2003. Rounding-up in reported EPS, behavioral thresholds, and earnings management. Journal of Accounting and Economics (April): 31-50.
Das, S. and S. M. Saudagaran. 2002. Accuracy of analysts' earnings forecasts: A comparison of non-U.S. cross-listed firms and U.S. multinationals. Journal of International Accounting Research (1): 61-74.
Das, S., C. B. Levine and K. Sivaramakrishnan. 1998. Earnings predictability and bias in analysts' earnings forecasts. The Accounting Review (April): 277-294.
Dechow, P. M. and H. You. 2012. Analysts' motives for rounding EPS forecasts. The Accounting Review (November): 1939-1966.
Englard, B. 2009. Changes proposed under the FASB exposure draft on earnings per share. The CPA Journal (May): 42-45.
Frankfurter, G. and B. Horwitz. 1972. The effects of Accounting Principles Board Opinion No. 15 on earnings per share: A simulation study. The Accounting Review (April): 245-259.
Harwell, J. L., W. S. Nichols, III and S. D. Steffler. 1974. Recent developments in the presentation of earnings per share. The Accounting Review (October): 852-853.
Huang, R., C. A. Marquardt and B. Zhang. 2014. Why do managers avoid EPS dilution? Evidence from debt-equity choice. Review of Accounting Studies 19(2): 877-912.
Huefner, R. J. 1972. Accounting system for earnings per share. Management Accounting (March): 29-35.
Jorgensen, B. N., Y. G. Lee and S. Rock. 2014. The shapes of scaled earnings histograms are not due to scaling and sample selection: Evidence from distributions of reported earnings per share. Contemporary Accounting Research 31(2): 498-521.
Laing, G. and K. Dunbar. 2015. EVA™, EPS, ROA and ROE as measures of performance in Australian banks: A longitudinal study. Journal of Applied Management Accounting Research (Winter): 41-48.
Larcker, D. F. 2003. Discussion of “employee stock options, EPS dilution, and stock repurchases”. Journal of Accounting and Economics (December): 45-49.
Lee, C. J. 1988. Inventory accounting and earnings/price ratios: A puzzle. Contemporary Accounting Research 5(1): 371-388.
Mahoney, J. J. 1970. Earnings per share and the insensitive denominator. Management Accounting (July): 15-20.
Marquardt, C. A. and C. I. Wiedman. 2007. Economic consequences of financial reporting changes: Diluted EPS and contingent convertible securities. Review of Accounting Studies 12(4): 487-523.
Martin, G. W. and B. P. McAllister. 2014. Sometimes doing nothing really is better. Strategic Finance (October): 40-46. (Reducing earnings per share dilution from exercised stock options).
Mautz, R. D. Jr. and T. J. Hogan. 1989. Earnings per share reporting: Time for an overhaul? Accounting Horizons (September): 21-27.
Miller, P. B. W., G. Martin and P. R. Bahnson. 2012. A penny for your thoughts: Sizing up manipulative EPS rounding. Strategic Finance (July): 35-39.
Ohlson, J. A. and B. E. Juettner-Nauroth. 2005. Expected EPS and EPS growth as determinants of value. Review of Accounting Studies 10(2-3): 349-365.
Parker, J. E. and B. E. Cushing. 1971. Earnings per share and convertible securities: A utilitarian approach. Abacus 7(1): 29-38.
Penman, S. H. 2005. Discussion of “On accounting-based valuation formulae” and “Expected EPS and EPS growth as determinants of value”. Review of Accounting Studies 10(2-3): 367-378.
Rice, S. J. 1978. The information content of fully diluted earnings per share. The Accounting Review (April): 429-438.
Spacek, L. 1969. Umpiring the earnings per share results. Management Accounting (March): 9-14.
Wiseman, D. E. 1990. Holding loss/gain as an alternative to EPS dilution. Accounting Horizons (December): 18-34.
Wiseman, D. E. 1992. Reply to "An option-theoretic argument favoring EPS dilution over holding gain/loss". Accounting Horizons (June): 90-93.
Wright, A. W. 1971. Earnings per share: Sensitizing the numerator. Management Accounting (May): 19-21.