Investor Reaction to Disclosures of 1974-75 LIFO Adoption Decisions.
检验了美国公司披露1974年采用后进先出法（LIFO）存货会计决策时，股票价格的反应，并估计了LIFO采用概率。
Abstract Presents the findings of the tests for stock price response to disclosure of 1974 last in, first out (LIFO) inventory accounting decisions by adopting and non-adopting firms in the United States. Model of stock price change upon a firm's disclosure of a LIFO decision; Model and research design; Identification of disclosure interval; Estimates of LIFO adoption probabilities.