Findings indicated that the presence of female directors on the board had a favorable impact on the correlation between EQ and pricing informativeness. That is, firms with more female board members have a greater association between EQ and stock price informativeness. The prac...
price impact of tradesanalyst forecastPrompted by concerns that high frequency traders (HFTs) reap unfair advantages over other traders by using faster trading technologies, regulators are contemplaBhattacharya, NeilChakrabarty, BidishaWang, Xu Frank...
The study sample consisted of 77 industrial compan... MF Shubita - 《Investment Management & Financial Innovations》 被引量: 0发表: 2021年 加载更多研究点推荐 Segment Disclosure Guidelines Stock Price Informativeness Cash Flow Earnings Earnings and CashFlow 0...
According to the analysis results, we found that higher level of equities incentive tended to degrade the level of informativeness of stock price, and the earnings management was not an effective intermediary variable, which meant the earnings management resulted from equities incentive was less likely...
I investigate whether earnings management around the time of the offering can expla... S Rangan 被引量: 1118发表: 1998年 Corporate Disclosure Policy and the Informativeness of Stock Prices CKSS also estimate an expanded model that includes as instruments the earnings-price ratio, E/Pt-1, and...
Therearetwotypesofearningsmanagement:efficientearningsmanagement(i.e.,to improveearningsinformativenessincommunicatingprivateinformation)andopportunistic earningsmanagement(i.e.,managementreportsearningsopportunisticallytomaximize his/herutility)(Scott,2000).BurgstahlerandDichev(1997)andBalsam,Bartov,and Marquardt(2002)...
(CEO) has on earnings management using classification shifting. We find that the pre-Sarbanes–Oxley (SOX) Act period was characterized by high levels of classification shifting by both female and male CEOs, but the magnitude of such practices is, surprisingly, significantly higher in firms with ...
1992. Stock price informativeness of accounting numbers: Evidence on earnings, book values, and their components. Journal of Accounting and Public Policy 11 (Summer): 119-154.Wild, J. 1992. Stock Price Informativeness of Accounting Number: Evidence on Earnings, Book Values, and their Components....
This study investigates the association between audit committees’ (ACs) financial expertise and the implementation of accretive repurchases as a strategic method for real earnings management (REM). The study also examines empirical data about the influe
This study investigates the role of financial frictions on firm value within the framework of earnings management, including the impact of productivity growth. In contrast to prior studies, the present study employed an autoregressive model to examine th