Political sentiment and abnormal accruals
Applied EconomicsFirms exhibiting high political sentiment can be desirable for investors as a hedging tool, which increases the demand for their stocks due to the mispricing related to manger’s sentiment and intertemporal hedging demand. A long-short portfolio of firms corresponding to the quintiles of political sentiment has a positive alpha spread.
Gonul Colak, Ali K. Malik
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Earnings-Based Anomaly, Accrual-Based Anomaly and the Relationship between Them [PDF]
مجله دانش حسابداری, 2015 Earnings-based anomaly, known as post-earnings announcement drift, could be regarded as delayed price response to earnings information that results in earning abnormal returns.
Gholamreza Karami +1 more
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Earnings Management amid the COVID-19 Financial Crisis: The Experience of Poland
Gospodarka Narodowa. The Polish Journal of Economics, 2023 This study examines the consequences of the COVID-19 turbulence on the informativeness of financial reporting. Using data from non-financial public companies in Poland, our evidence documents the evolution of accrual and real earnings management during ...
Joanna Lizińska, Leszek Czapiewski
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Accrual components and stock trading costs
China Journal of Accounting Research, 2013 This paper examines the relationship between accrual components and stock trading costs in China and finds that both abnormal and normal accruals are associated with these costs.
Lei Qianhua
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Abnormal accounting accrual Management by internal and external Market Discipline: The case of Tunisian banks in the context of the ‘Arab Spring’ [PDF]
ACRN Journal of Finance and Risk Perspectives, 2019 Problem/Relevance: This paper deals with such market disciplinary factors as shareholder ownership, audit committee composition and Basel III prudential regulation affecting accounting manipulation measured by abnormal accruals in Tunisian banks in the ...
Mohamed Sadok Gassouma
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Sentiment and Accruals Earnings Management: Does Governance and Regulatory Environment Matter?
American Business Review, 2023 This paper examines the implications of firm-level governance mechanisms and the regulatory environment on the relationship between investor sentiment and accrual-based earnings management.
Kakul Modani +3 more
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Effect of Accrual-based and real Earnings Management on Firm Value: A Case Study of Companies listed on the Tehran Stock Exchange [PDF]
تحقیقات مالی, 2021 Objective: To attract investors, firms should keep their values attractive. If the value of the company decreases, the trust of investors in the company will also decrease.
Younes Nobakht, Melek Acar
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The Impact of Financial Distress on Earnings Management [PDF]
Maǧallaẗ Al-Buḥūṯ Al-TiǧāriyyaẗThis study investigates the impact of financial distress on earnings management approaches (real and accruals earnings management). Using a sample of listed firms in Egypt during the period of 2014-2019.
مني السيد منصور +1 more
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A study on relationship between abnormal accruals and future profitability: Evidence from Tehran Stock Exchange [PDF]
Management Science Letters, 2013 This paper presents an empirical investigation to study the relationship between future profitability and abnormal accruals on selected firms from Tehran Stock Exchange (TSE). The study selects 223 firms from TSE market over the period 2007-2011.
Mohammad Khodaei Valahzaghard +1 more
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The Effect of Earnings Quality Measures on Excess Stock Return [PDF]
مطالعات تجربی حسابداری مالی, 2015 The present study aims at investigating the influence of earnings quality measures on excess stock return and the capability of each one of those measures in explanation for this excess.
D. Forooghi +2 more
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