Differences in the COMPUSTAT and Expanded Value Line Databases and the Potential Impact on Empirical Research.
比较了COMPUSTAT和Value Line两个数据库在财务数据和公司规模分布上的差异,分析这些差异如何影响对全体公司的推断,并强调选择数据库和变量的重要性。
Abstract Compares COMPUSTAT and Value Line databases in terms of financial data and size of firm distribution. COMPUSTAT and Value Line data assimilation policies; Effects of the differences in the two databases on population of firms' inferences; Importance of selecting databases and variables from those databases.