Ball and Brown (1968): A Retrospective
回顾了Ball和Brown（1968）这篇经典论文的创作背景、研究选择及其优缺点，并描述了该研究如何影响后续文献，适合对会计与资本市场关系感兴趣的学者。
ABSTRACT This essay provides a retrospective view on our co-authored paper, Ball and Brown (1968). The retrospective was commissioned by Gregory B. Waymire, then President of the American Accounting Association. It describes how we both came to be Ph.D. students at The University of Chicago and set about researching the relation between earnings and share prices. It outlines the background against which we conducted the research, including the largely a priori accounting research literature at the time and the electric atmosphere and radical new ideas then in full bloom at Chicago. We describe some of the principal research choices we made, and their strengths and weaknesses. We also describe the reception our research received and how the related literature subsequently unfolded.