4Ang, J.S., Nagel, G.L., Yang, J.. A Critical Long View of Capital Markets and Institutions: Realized Returns from Corporate Assets, 1950-2003[J]. 2006. SSRN.
5Darrough, M.N., Ye, J. Divergence in Accounting Profitability: Accounting Conservatism, New Firms, and Industry Attributes[J]. 2006. SSRAN,.
6Fama, E.F., French, K.R.. The Corporate Cost of Capital and the Rerun1 on Corporate Investment. Journal of Finance, 1999, LIV(6), 1939-1967.
7Givoly, D., Hayn, C. The changing time-series properties of earnings, cash flows and accruals: Has financial reporting become more conservative?[J]. Journal of Accounting and Economics, 2000, 29 (3), 287-320.
8Joos, P.R., Plesko, G.A. Valuing Loss Firms[J]. The Accounting Review, 2005, 80(3), 847-70.
9Klein, A., Marquardt, C. Fundamentals of Accounting Losses[J]. The Accounting Review, 2005, 81(1), 179-206.
