Results 151 to 160 of about 15,769 (195)

Accruals and Price Crashes

Review of Accounting Studies, 2013
I investigate the relation between accruals and firm-level price crashes, representing extreme price decreases in weekly returns. I find that high accruals predict a higher price crash probability than low accruals. This finding can be explained by managers’ use of income-increasing accrual estimates to hoard bad news.
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A Porsche for Patient Accrual

Cancer Investigation, 2005
A $1,000 lottery ticket for a Porsche Boxster automobile was offered to the investigator who accrued the most patients to a Southwest Oncology Group prostate cancer protocol. This was done with the admirable intention of increasing patient accrual and improving the outlook for men with high risk prostate cancer.
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Voluntary disclosure of accruals in earnings press releases and the pricing of accruals

Review of Accounting Studies, 2005
Prior studies find that markets fail to quickly and fully impound accruals information into prices. This paper compares the information environment and pricing of firms that voluntarily disclose accruals in their earnings press releases (Disclosers) to those of control firms that disclose the information only in their 10-Q (Filers).
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Percent accruals and the accrual anomaly: evidence from the UK

Accounting Forum, 2020
Using the percent accrual measure proposed by Hafzalla, N., Lundholm, R., & Van Winkle, M. (2011. Percent accruals.
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The Accruals Anomaly: The Role of Non-Discretionary Accruals

2013
A large body of accounting and finance literature has documented that firms with high discretionary accruals subsequently earn negative abnormal returns. In this paper I explore the interaction between discretionary and non-discretionary accruals, and the implications of this interaction towards this predictive power of high discretionary accruals.
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Evaluating the 'Accrual-Fixation' Hypothesis as an Explanation for the Accrual Anomaly

SSRN Electronic Journal, 2006
Sloan (1996)'s result of return predictability based on accrual information has generated a large stream of literature. Sloan's (1996) explanation for the phenomenon is that investors fixate on earnings without taking into account accruals' tendency to reverse. Thus, the returns to an accrual strategy are related to accrual reversals.
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ACCRUALS AND MOMENTUM

Journal of Financial Research, 2019
AbstractWe view accruals as a natural candidate to link to momentum in the context of the overreaction explanation. Accruals can proxy for ambiguity about the implications of new information for a firm's value and can vary with the business cycle.
Ming Gu, Yangru Wu
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Modelling the Accruals Process and Assessing Unexpected Accruals

2009
This paper formalises the accruals process to model both normal and abnormal accruals under clean surplus accounting. Based on theoretically derived abnormal accruals, I assess the ability of unexpected accruals extracted from the empirical Jones-type models in detecting earnings management.
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Intangible Investments, Scaling, and the Trend in the Accrual–Cash Flow Association

Journal of Accounting Research, 2022
Jeremiah Green
exaly  

Accruals

The Business & Management Collection
Ian D. Gow, Tongqing Ding
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