Are analysts? loss functions asymmetric? [PDF]
Recent research by Gu and Wu (2003) and Basu and Markov (2004) suggests that the well-known optimism bias in analysts? earnings forecasts is attributable to analysts minimizing symmetric, linear loss functions when the distribution of forecast errors is ...
D Peel, M A Clatworthy, P F Pope
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International financial reporting standards and earnings Quality: the myth of voluntary vs. mandatory adoption [PDF]
We revisit evidence whether incentives or IFRS drive earnings quality changes, analyzing a large sample of German firms in the period from 1998 to 2008.
Achleitner, Ann-Kristin +3 more
core
Robust H∞ control with missing measurements and time delays [PDF]
, 2007 Copyright [2007] IEEE. This material is posted here with permission of the IEEE. Such permission of the IEEE does not in any way imply IEEE endorsement of any of Brunel University's products or services.
Gani, M, Ho, DWC, Wang, Z, Yang, F
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Valuation Errors Caused by Conservative Accounting in Residual Income and Abnormal Earnings Growth Valuation Models [PDF]
The impact of conservative accounting in residual income valuation (RIV) and abnormal earnings growth (AEG) valuation modeling is investigated in this paper.
Juettner-Nauroth, Beate, Skogsvik, Kenth
core
Securities class actions and conditional conservatism: Evidence from two legal events
Accounting & Finance, 2022 X. Chen +3 more
semanticscholar +1 more source
CONDITIONAL CONSERVATISM AND THE COST OF DEBT: EVIDENCE FROM CENTRAL AND EASTERN EUROPE
Croatian Operational Research Review, 2012 This study attempts to link the cost of debt to observed levels of accounting conservatism. Namely, conservative earnings reflect bad news more quickly than good news.
Slavko Šodan
doaj
The issue context of modern American politics: semiparametric identification of latent factors from Discrete data [PDF]
A new methodology that estimates attitudes semiparametrically and estimates actions nonparametrically, as a function of the resulting attitudinal measures, is used to examine the behavioral effects of ѣultural' and ѥconomic' preferences in the ...
Byron Shafer, Richard Spady
core
Banking and the Determinants of Credit Crunches [PDF]
Why do banks suddenly tighten the criteria needed for credit? Credit crunches are often explained by the implementation of new regulatory rules or by sudden drops in firm quality.
Holmberg, Ulf
core +1 more source
Reconsidering The Pros and Cons of Fiscal Policy Co-ordination in a Monetary Union: Should We Set Public Expenditure Targets ? [PDF]
We reconsider the merits of fiscal policy co-ordination in a monetary union distinguishing between and inflation targeting regime and delegation to a weight conservative central bank.
Marco Catenaro, Patrizio Tirelli
core
The Credit Market and the Determinants of Credit Crunches: An Agent Based Modeling Approach [PDF]
This paper presents a credit market model and finds, using an agent based modeling approach, that credit crunches have a tendency to occur; even when credit markets are almost entirely transparent in the absence of external shocks.
Holmberg, Ulf
core +1 more source