Peter F. Chen
Hong Kong University of Science and Technology
Network
Latest external collaboration on country level. Dive into details by clicking on the dots.
Publication
Featured researches published by Peter F. Chen.
Review of Accounting Studies | 2000
Gary C. Biddle; Peter F. Chen; Guochang Zhang
Economic reasoning suggests that capital follows profitability. This study introduces into residual income valuation “capital follows profitability” investment dynamics whereby capital investments are guided by the profitability of underlying investment opportunities. These investment dynamics predict convex versus linear relations between future and current residual income, with slope and convexity dependent on investment opportunity. We test these predictions against the linear information dynamics (LID) proposed by Ohlson (1995) and Feltham and Ohlson (1996), with supportive results. These findings point the way to further development of links between firm value and the economics of value creation.
Journal of Accounting and Economics | 2007
Peter F. Chen; Guochang Zhang
Journal of Empirical Finance | 2001
Peter F. Chen; Vikas Mehrotra; Ranjini Sivakumar; Wayne Yu
The Accounting Review | 2009
Chih-Ying Chen; Peter F. Chen
Social Science Research Network | 2001
Peter F. Chen; Guochang Zhang
Journal of Accounting and Economics | 2016
Peter F. Chen; Shaohua He; Zhiming Ma; Derrald Stice
The Accounting Review | 2003
Peter F. Chen; Guochang Zhang
Contemporary Accounting Research | 1996
Peter F. Chen; Lane Daley
The Accounting Review | 2007
Peter F. Chen; Guochang Zhang
Social Science Research Network | 2002
Peter F. Chen; Guochang Zhang