EVIDENCE ON NEGATIVE EARNINGS RESPONSE COEFFICIENTS
Douglas A. Schroeder
The author is from the Department of Accounting and MIS, the Ohio State University. He wishes to thank Vic Bernard, Joel Demski, Julia Grant, Jae-Oh Kim, Bill Kross, John Lyon, Paul Newman, Bill Scott, Katherine Schipper, Tom Stober, David Wallin, two anonymous referees, and especially Jerry Salamon for helpful comments and discussions which helped refine the ideas expressed in this paper.
Address for correspondence: Douglas A. Schroeder, Department of Accounting and MIS, The Ohio State University, 1775 College Road, Columbus, OH 43210–1399, USA.