Results 141 to 150 of about 417,023 (195)

The reversal of abnormal accruals and the market valuation of earnings surprises

, 2001
If the market anticipates the reversing nature of abnormal working capital accruals, then the reported magnitude of earnings surprises that contain abnormal accruals will differ from the underlying magnitude that is priced by the market.
DeFond, ML, Park, CW
core  

When Nature Talks, Markets Move: Forecasting the Equity Premium With Eco‐Climate Incidents

Financial Review, EarlyView.
ABSTRACT This paper examines the role of eco‐climate information, particularly biodiversity risks, in forecasting the U.S. equity premium. Using RepRisk controversy data, we construct indicators for biodiversity, greenhouse gas emissions, and local pollution. Biodiversity indicators emerge as strong predictors of the equity premium, outperforming other
Zhiyong Li, Weiping Qin
wiley   +1 more source

Enhancing the Evidence for Care in Underserved Bleeding Disorders Communities

Haemophilia, EarlyView.
ABSTRACT Background Major advances in haemophilia care have not translated equitably across all populations. Individuals with rare bleeding disorders (RBDs), people living in low‐ and lower‐middle‐income countries (LMICs) and women and girls with inherited bleeding disorders (WGWBD) continue to face significant diagnostic, therapeutic and research ...
Johnny Mahlangu
wiley   +1 more source

Who Bears the Pen? Audit Partner–Manager Report Signatures, Multilevel Accountability and Audit Quality in China

International Journal of Auditing, EarlyView.
ABSTRACT Using data pertaining to China's mandatory two‐signature regime, under which a certified public accountant licensed as an audit manager can serve as an audit report signatory, we examine whether reallocating accountability within the audit engagement team is associated with audit quality.
Yanming Cao, Jengfang Chen, Meiting Lu, Grant Richardson   +3 more
wiley   +1 more source

Changes in Audit Risk Responses During Times of Crisis: Evidence From Key Audit Matters in China

International Journal of Auditing, EarlyView.
ABSTRACT This study examines how auditors adjust their risk responses to the COVID‐19 pandemic, an exogenous shock that heightened uncertainty and constrained access to audit evidence. Using manually collected audit‐procedure disclosures from Key Audit Matters (KAMs) for Chinese A‐share listed companies from 2017 to 2022, we employ a generalized ...
Zhiying Hu, Wenhui Jin, Yuyu Zhang
wiley   +1 more source

Translating coexistence: Inside Japan's public multilingualism

Japanese Journal of Sociology, Volume 34, Issue 1, Page 152-170, March 2025.
Abstract Provision of translated material for both international residents and tourists is a key part of the work of public offices around Japan. The way in which this translation is viewed and carried out, and its relationship to dominant modes of conceptualizing multiculturalism, has not received much attention in the literature.
Gregory Friedman
wiley   +1 more source

Do Accruals Convey Information About Future Cash Flows? A Re‐Examination of Inferences Drawn

Journal of Business Finance &Accounting, EarlyView.
ABSTRACT An important stream of literature spanning decades has drawn conflicting inferences regarding whether accrual accounting serves the purposes prescribed by the Conceptual Framework by conveying information about future cash flows. We help reconcile this literature by demonstrating that tests of the relative abilities of current earnings and ...
Jacob Jaggi, R. Christopher Small, Spencer Young   +2 more
wiley   +1 more source

Unveiling Synergy Gains in Divestitures Using Options Market Information1

Journal of Business Finance &Accounting, EarlyView.
ABSTRACT We use stock and options information to decompose and provide a practical measure of the market's beliefs about the different sources of value creation from divestitures. We find that divestitures generate economically significant synergy gains that exceed $1 billion for both acquirers and sellers.
Vinay Patel, David Michayluk, Anirudh Dhawan   +2 more
wiley   +1 more source

Exposure to Climate Change and Earnings Manipulation

Journal of Business Finance &Accounting, EarlyView.
ABSTRACT This study investigates whether and how climate change exposure (CCE) influences corporate financial reporting practices. Using a newly developed firm‐specific CCE measure from conference calls, we find that US firms with higher CCE exhibit greater real earnings management (REM).
Ramzi Benkraiem, Mostafa M. Hasan, Ashrafee Hossain, Abdullah‐Al Masum, Samir Saadi   +4 more
wiley   +1 more source

Relative Peer Quality and 10‐K Readability

Journal of Business Finance &Accounting, EarlyView.
ABSTRACT This study examines the impact of the relative managerial quality of executives’ compensation peers on the readability of narrative disclosures in focal firms’ 10‐K reports. We use the fraction of peers with greater managerial ability scores than the reporting firm to measure the reporting firm's relative peer quality (RPQ).
Xiaohua (Stephen) Wu, Yuyu Zhang, Elisabeth Sinnewe   +2 more
wiley   +1 more source