The DOI matches its Crossref record; 34 of the 34 references it cites were found in a registry or an index.
Opaque financial reports, R2, and crash risk☆
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Risk, Return, and Equilibrium: Empirical Tests
Fama, E. F., & MacBeth, J. D. (1973) · Journal of Political Economy · doi:10.1086/260061 · Cited by 14,258
Earnings Management During Import Relief Investigations
Jones, J. J. (1991) · Journal of Accounting Research · doi:10.2307/2491047 · Cited by 8,353
The economic implications of corporate financial reporting
Graham, J. R., Harvey, C. R., & Rajgopal, S. (2005) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2005.01.002 · Cited by 6,316
Audit committee, board of director characteristics, and earnings management
Klein, A. (2002) · Journal of Accounting and Economics · doi:10.1016/s0165-4101(02)00059-9 · Cited by 4,622
Expected stock returns and volatility
French, K. R., Schwert, G. W., & Stambaugh, R. F. (1987) · Journal of Financial Economics · doi:10.1016/0304-405x(87)90026-2 · Cited by 4,107
DECHOW, P. M., SLOAN, R. G., & SWEENEY, A. P. (1996) · Contemporary Accounting Research · doi:10.1111/j.1911-3846.1996.tb00489.x · Cited by 4,065
(2012) · Asian Financial Statement Analysis · doi:10.1002/9781119204763.ch4 · Cited by 3,821
Morck, R., Yeung, B., & Yu, W. (2000) · Journal of Financial Economics · doi:10.1016/s0304-405x(00)00071-4 · Cited by 3,335
Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes-Oxley Periods
Cohen, D. A., Dey, A., & Lys, T. Z. (2008) · The Accounting Review · doi:10.2308/accr.2008.83.3.757 · Cited by 3,078
R2 around the world: New theory and new tests☆
JIN, L., & MYERS, S. (2006) · Journal of Financial Economics · doi:10.1016/j.jfineco.2004.11.003 · Cited by 2,816
Cited by
Institutional investor stability and crash risk: Monitoring versus short-termism?
Callen, J. L., & Fang, X. (2013) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2013.02.018 · Cited by 734
Political Connections and the Cost of Bank Loans
HOUSTON, J. F., JIANG, L., LIN, C., & MA, Y. (2014) · Journal of Accounting Research · doi:10.1111/1475-679x.12038 · Cited by 705
Financial Reporting Opacity and Expected Crash Risk: Evidence from Implied Volatility Smirks
Kim, J., & Zhang, L. (2014) · Contemporary Accounting Research · doi:10.1111/1911-3846.12048 · Cited by 486
Stock Liquidity and Stock Price Crash Risk
Chang, X., Chen, Y., & Zolotoy, L. (2017) · Journal of Financial and Quantitative Analysis · doi:10.1017/s0022109017000473 · Cited by 486
Professors in the Boardroom and Their Impact on Corporate Governance and Firm Performance
Francis, B., Hasan, I., & Wu, Q. (2015) · Financial Management · doi:10.1111/fima.12069 · Cited by 328
Metadata
- Authors
- Hutton, A. P., Marcus, A. J., & Tehranian, H.
- Venue
- Journal of Financial Economics
- Publisher
- Elsevier BV
- Published
- 2009-10
- Volume
- 94
- Issue
- 1
- Pages
- 67-86
- ISSN
- 0304-405X (ISSN-L)
- OpenAlex
- W1966586504
- Cited by
- 2,768
- References
- 34
- FWCI
- 84.95
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Opaque financial reports, R2, and crash risk☆. https://app.cochat.ai/papers/10.1016/j.jfineco.2008.10.003
- The paper
- Hutton, A. P., Marcus, A. J., & Tehranian, H. (2009). Opaque financial reports, R2, and crash risk☆. Journal of Financial Economics. https://doi.org/10.1016/j.jfineco.2008.10.003
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
