Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
March 18, 2026The Accounting Review

The Impact of Accounting Regulation on the Stock Market: The Case of Oil and Gas Companies: A Comment.

View Full Paper
Ask AI
Bookmark
Share

Authors

ASAbbie J. SmithUniversity of ChicagoTDThomas R. DyckmanCornell University

Discussion

Loading...

Member takes

Overview

This commentary explores how accounting regulation influences stock market performance in oil and gas companies, indicating significant implications.

Key Points

  • This analysis aims to evaluate how accounting regulation affects stock prices specifically in the oil and gas sector.
  • Examined the issuance of the Exposure Draft related to accounting regulation
  • Analyzed stock price revisions of oil and gas firms, particularly full-costers
  • Evaluated the validity of assumptions regarding stock-return behavior
  • Identified a moderate downward revision of security prices following the accounting regulation issuance
  • Found that the actual market effect is more significant than the tests indicated
  • Highlighted uncertainty about the financial-statement impact of the proposed changes

Cite This Study

Smith et al. (1981) studied this question.

synapsesocial.com/papers/69ba421b4e9516ffd37a218dhttps://doi.org/10.2308/tar-4481926
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1The Impact of Accounting Regulation on the Stock Market: The Case of Oil and Gas Companies.1979
  2. 2The Oil and Gas Accounting Controversy: An Analysis of Economic Consequences.1983
  3. 3An Examination of the Association Between Accounting and Share Price Data in the Extractive Petroleum Industry: A Comment and Extension.1978
  4. 4Accounting Reports, Policy Interventions and the Behavior of Securities Returns.1976
  5. 5A Test of Government Regulation of Accounting Principles.1975