Results 271 to 280 of about 91,381 (308)
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Accruals Quality and CEO Compensation
SSRN Electronic Journal, 2007This paper examines the impact of accruals quality on the stewardship value of earnings. Christensen, Feltham and Sabac (2005) illustrate that accrual noise, i.e., performance measure noise associated with accrual estimation errors, decreases the sensitivity of compensation to earnings by increasing the noise in earnings, and increases the sensitivity ...
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Accruals Quality and Debt Maturity Structure
Abacus, 2010In this paper we use panel data and GMM estimation to examine the effect of accounting quality on debt maturity structure in a bank‐based financial system and show that, even after controlling for unobservable heterogeneity, endogeneity, variables reflecting operating volatility and the cost of debt, firms with poor accounting quality face a shorter ...
PEDRO J. GARCÍA‐TERUEL +2 more
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Institutional Ownership Composition and Accruals Quality
SSRN Electronic Journal, 2006We investigate whether a firm's accruals quality is affected by its transient and dedicated institutional ownership. Measured as the absolute value of accrual estimation errors, accruals quality is found to be negatively associated with transient institutional ownership and positively associated with dedicated institutional ownership.
Laura Yue Liu, Emma Y. Peng
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Audit Quality and the Accrual Anomaly
SSRN Electronic Journal, 2008Prior research has demonstrated an association between the magnitude of accrual anomaly-related trading returns and accrual reliability. This study first demonstrates an association between audit quality and accrual reliability. It then links this result and the prior literature to demonstrate an association between audit quality and the accrual ...
Dennis J. Chambers, Jeff L. Payne
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The return premiums to accruals quality
Review of Quantitative Finance and Accounting, 2015Using a battery of look-ahead-bias free measures of accruals quality (AQ), we find a strong and long-lasting negative relation between future returns and AQ. In decile portfolios that rank on AQ, a hedge portfolio that goes long in the lowest decile and short in the highest decile generates an annualized, risk-adjusted return of 4–12 % over 1-month to ...
Sati P. Bandyopadhyay +3 more
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Relationship between Risks and Accruals Quality
SSRN Electronic Journal, 2015Risk has always been one of the main factors of influence In decision making for financial decision-making has been the major issues Managers and investors sought risk prediction and control have always tried to overcome the risk to companies to bring high added value.
Parvaneh Hezareh, Zahra Ahmadi
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Firm Life Cycle and Accrual Quality
Advances in Accounting, 2023Jose Elias Almeida, Devendra Kale
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Explaining accruals quality over time
Journal of Accounting and Economics, 2023Theodore E. Christensen +2 more
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Accruals Quality and Internal Control Over Financial Reporting
SSRN Electronic Journal, 2007We examine the relation between accruals quality and internal controls using 705 firms that disclosed at least one material weakness from August 2002 to November 2005 and find that weaknesses are generally associated with poorly estimated accruals that are not realized as cash flows.
Jeffrey T. Doyle, Weili Ge, Sarah McVay
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Accruals quality, financial constraints, and corporate cash holdings
Managerial Finance, 2019Purpose The purpose of this paper is to examine how information asymmetry driven by earnings quality affects corporate cash holdings. It also investigates the role that financial constraints play in this effect. Design/methodology/approach The paper examines a large sample of 6,501 observations of 741 firms listed on Euronext Paris over the period ...
Hatem Mansali +2 more
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