Stock Prices and Earnings: A History of Research
回顾了会计盈利与股票价格关系的研究，包括盈利与公司价值的联系、盈利相对于其他信息的用处、盈利特征（如权责发生制、公允价值、稳健性）以及投资者误解盈利导致错误定价的情形。
Accounting earnings summarize periodic corporate financial performance and are key determinants of stock prices. We review research on the usefulness of accounting earnings, including research on the link between accounting earnings and firm value and research on the usefulness of accounting earnings relative to other accounting and nonaccounting information. We also review research on the features of accounting earnings that make them useful to investors, including the accrual accounting process, fair value accounting, and the conservatism convention. We finish by summarizing research that identifies situations in which investors appear to misinterpret earnings and other accounting information, leading to security mispricing.