Results 321 to 330 of about 151,257 (386)

Percent accruals and the accrual anomaly: Korean evidence

Pacific-Basin Finance Journal, 2015
Prior studies provide mixed evidence about whether the accrual anomaly exists in the Korean stock market. We seek to reconcile the mixed evidence by applying a different measure of accruals—accruals scaled by earnings (percent accruals)—in comparison to accruals scaled by total assets (traditional accruals). Based on 9399 firm–year observations for the
Young Jun Kim, Jung Hoon Kim, Sewon Kwon, Su Jeong Lee   +3 more
openaire   +1 more source

Two Accrual Anomalies: A Dichotomy of Accrual-Return Relations

SSRN Electronic Journal, 2009
Motivated by the findings that the aggregate (discretionary) accruals positively predicts one-year-ahead firm-level stock returns and that there is a considerable amount of co-movement in firm-level (discretionary) accruals, we decompose firm-level (discretionary) accruals into a market-wide component and a firm-specific component.
Qiang Kang, Qiao Liu, Rong Qi
openaire   +1 more source

High accruals momentum

Accounting & Finance, 2019
AbstractWe examine the information content of high accruals momentum defined as a string of high discretionary accruals for four consecutive years. We find that firms that consistently report high levels of discretionary accruals experience low subsequent returns.
Xiaoting Hao, Juwon Jang, Eunju Lee
openaire   +1 more source

Entropy-balanced accruals

Review of accounting studies, 2020
Jeff L. McMullin, B. Schonberger
semanticscholar   +1 more source

Modelling the Accruals Process and Assessing Unexpected Accruals

SSRN Electronic Journal, 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.
openaire   +1 more source

The market pricing of accruals quality

, 2005
J. Francis, Ryan LaFond, Per Olsson, K. Schipper   +3 more
semanticscholar   +1 more source

Accounting earnings and cash flows as measures of firm performance : The role of accounting accruals

, 1994
Patricia M. Dechow
semanticscholar   +1 more source

Debt covenant violation and manipulation of accruals

, 1994
Mark L. Defond, J. Jiambalvo
semanticscholar   +1 more source

Discussion of the Quality of Accruals and Earnings: The Role of Accrual Estimation Errors

, 2002
M. McNichols
semanticscholar   +1 more source

Errors in Estimating Accruals: Implications for Empirical Research

, 1999
D. Collins, P. Hribar
semanticscholar   +1 more source