With regard to the latter, we investigate whether losses or negative earnings changes, as measures of firm performance, are associated with higher adverse selection, and find evidence consistent with this prediction. We also investigate the empirical validity of an assumption of our analysis, that ...
Using the statistical techniques of factor analysis and LISREL (linear structural relationships) analysis on my sample firms, the results are consistent with the first conjecture that accounting-based and market-based measures of firm performance have a close and strong relationship for stable firms. ...
内容提示: JOURNALOF Accounting &Economics ELSEVIER Journal of Accounting and Economics 18 (1994) 3-42 Accounting earnings and cash flows as measures of firm performance The role of accounting accruals Patricia M. Dechow Wharton School, University of Pennsylvania, Philadelphia, PA 19104-6365, USA (...
Accounting earnings and cash flows as measures of firm performance: The role of accounting accruals, Journal of Accounting and Economics 18 (1): 3-42.Dechow, P. "Accounting Earnings and Cash Flows as Measures of Firm Performance: ... Dechow,M Patricia 被引量: 0发表: 1992年 The Quality of...
afor two main reasons. First, performance-based managerial incentive schemes are not always effective, especially when the available measures of firm performance are noisy. Indeed, we find that in our sample of Japanese firms the restraining effect of ownership 为二个主要原因。 首先,特别是当牢固的...
Bruce Dehning,VJ Richardson - 《Journal of Information Systems》 被引量: 563发表: 2002年 A Framework for Assessing the Relationship Between Information Technology Investments and Firm Performance. :There have been several attempts in the past to assess the impact of information technology on firm pe...
Moreover, these measures of consumer behavior can be integrated with measures of firm behavior to evaluate firm performance, on the basis of an operant interpretation of firm behavior. This paper explains some of these integrated measures and describes results that have shown, for instance, how ...
aThis paper analyzes productivity growth in the U.S. retail trade sector. We do this by examining changes in productivity and other measures of firm performance at the micro-level. The primary contribution of this research is to extend a rich literature and tradition of analyzing productivity gro...
In this study we investigate the relative ability of comprehensive income and net income to summarize firm performance as reflected in stock returns. We also examine which comprehensive income adjustments improve the ability of income to summarize firm performance. The sample of this study is chosen ...
B., & Obi, P. C. (1996). Firm per- formance measures: Temporal roadblocks to innovation? Managerial Finance, 22(8), 18-32.Ayadi, F., Dufrene, U., Obi, P. (1996) Firm performance measure: temporal roadblocks to innovation? Managerial finance, 22(8): 18-32....