Tag Archives: Learning Resources

Unlocking the black box: how to calculate book-to-market?

Posted on June 23, 2024 by Kai Chen

The book-to-market ratio (BM) is one of the most frequently calculated variables in accounting research and is usually used as a control variable in regressions. However, how to calculate it is a question I often asked when I started my … Continue reading →

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My thoughts on Python for accounting research

Posted on January 7, 2022 by Kai Chen

There is a temptation for accounting PhD students to invest in learning Python. However, I would recommend that accounting PhD students focus more on SAS + Stata than on Python in their first year for a few practical and technical … Continue reading →

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How to remove duplicate GVKEY-DATADATE when using Compustat Annual (FUNDA) and Quarterly (FUNDQ) data?

Posted on August 21, 2015 by Kai Chen

The annual data (FUNDA) is easy to deal with; we just need to apply the following conditions: indfmt==”INDL” & datafmt==”STD” & popsrc==”D” & consol==”C” If we have converted FUNDA to Stata format, the uniqueness of GVKEY–DATADATE can be verified using … Continue reading →

Posted in Learning Resources, Stata | Tagged , | 18 Comments