Responsible science: Celebrating the 50-year legacy of Ball and Brown (1968) using a registration-based framework

• Published in: Pacific-Basin finance journal Vol. 56; pp. 129 - 150
• Main Authors: Aman, Hiroyuki, Beekes, Wendy, Berkman, Henk, Bohmann, Marc, Bradbury, Michael, Chapple, Larelle, Chang, Millicent, Clout, Victoria, Faff, Robert, Han, Jianlei, Hillier, David, Hodgson, Allan, Howieson, Bryan, Jona, Jonathan, Linnenluecke, Martina, Loncan, Tiago, McCredie, Bronwyn, Michayluk, David, Mroczkowski, Nick, Pan, Zheyao (Terry), Patel, Vinay, Podolski, Edward, Soderstrom, Naomi, Smith, Tom, Tanewski, George, Walsh, Kathleen, Wee, Marvin, Wright, Sue
• Format: Journal Article
• Language: English
• Published: Elsevier B.V 01-09-2019
• Subjects: Accounting information; Ball and Brown; Event study; Registration-based editorial process; Responsible research; Accounting information; Ball and Brown; Registration-based editorial process; G10; Event study; G14; Responsible research
• ISSN: 0927-538X; 1879-0585
• DOI: 10.1016/j.pacfin.2019.05.002

This paper represents the intersection of three spheres of influence, relevant to the global research community interested in a more reliable understanding of capital market phenomena. First, as a timely context, we celebrate the 50-year legacy of an iconic event study of accounting information and the evolution of stock prices, namely Ball and Brown (1968). Second, we add our voice to the growing call for researchers to follow principles of “responsible science”. Third, using the Ball and Brown paper as the inspiration, we report on an experiment in which several teams of researchers follow a registration-based editorial process, which illustrates one fruitful avenue for fostering responsible research into the future.
•Celebrate the 50-year legacy of an iconic event study, namely Ball and Brown (1968)•Call for researchers to follow principles of “responsible science”•Report on an experiment using registration-based editorial process