1. Editorial

   • Stephen Penman

   OriginalPaper Pages: 131 - 131

2. Excess Returns to R&D-Intensive Firms

   • Dennis Chambers
   • Ross Jennings
   • Robert B. Thompson II

   OriginalPaper Pages: 133 - 158

3. Discussion of “Excess Returns to R&D-Intensive Firms”

   • Xiao-Jun Zhang

   OriginalPaper Pages: 159 - 162

4. Inventory Changes and Future Returns

   • Jacob K. Thomas
   • Huai Zhang

   OriginalPaper Pages: 163 - 187

5. Discussion of “Inventory Changes and Future Returns”

   • Paul Hribar

   OriginalPaper Pages: 189 - 193

6. The Role of Volatility in Forecasting

   • Bernadette A. Minton
   • Catherine M. Schrand
   • Beverly R. Walther

   OriginalPaper Pages: 195 - 215

7. Discussion of “The Role of Volatility in Forecasting”

   • Doron Nissim

   OriginalPaper Pages: 217 - 227

8. Residual Income and Value-Creation: The Missing Link

   • John O'Hanlon
   • Ken Peasnell

   OriginalPaper Pages: 229 - 245

9. Discussion of “Residual Income and Value-Creation: The Missing Link”

   • James A. Ohlson

   OriginalPaper Pages: 247 - 251

10. Controlling Investment Decisions: Depreciation- and Capital Charges

    • Sunil Dutta
    • Stefan Reichelstein

    OriginalPaper Pages: 253 - 281

11. Discussion of: “Controlling Investment Decisions: Depreciation and Capital Charges”

    • Jonathan Glover

    OriginalPaper Pages: 283 - 287

12. Earnings Surprises, Growth Expectations, and Stock Returns or Don't Let an Earnings Torpedo Sink Your Portfolio

    • Douglas J. Skinner
    • Richard G. Sloan

    OriginalPaper Pages: 289 - 312

13. Discussion of “Earnings Surprises, Growth Expectations, and Stock Returns, or, Don't Let an Earnings Torpedo Sink Your Portfolio”

    • John R. M. Hand

    OriginalPaper Pages: 313 - 318

14. An Empirical Examination of Tax Factors and Mutual Funds' Stock Sales Decisions

    • Steven Huddart
    • V. G. Narayanan

    OriginalPaper Pages: 319 - 341

15. Discussion of “An Empirical Examination of Tax Factors and Mutual Funds' Stock Sales Decisions”

    • Ira S. Weiss

    OriginalPaper Pages: 343 - 347