Results 241 to 250 of about 2,028 (299)

Predictability and Habit Persistence [PDF]

open access: yes
Fève, Patrick   +2 more
core  

Political connections, corporate governance and earnings predictability

open access: yes, 2009
Verhoeven, Peter   +2 more
core  

Dividends, earnings, and predictability

Journal of Banking and Finance, 2017
Abstract We show that the dividend yield and earnings yield jointly are strong predictors of dividend growth. We motivate the joint specification with a theoretical model and show how omitting the earnings yield biases the dividend yield coefficient towards zero, explaining why the dividend yield by itself is a poor predictor of dividend growth.
Møller, Stig Vinther, Sander, Magnus
exaly   +3 more sources

Hedging, hedge accounting, and earnings predictability

Review of Accounting Studies, 2021
Studies suggest that, pursuant to the implementation of SFAS 133, even sophisticated users of financial statements find it difficult to comprehend earnings implications of hedging derivatives. Moreover, due to stringent hedge accounting requirements under these standards, many economic hedges do not qualify for hedge accounting and are deemed ...
Tharindra Ranasinghe   +1 more
exaly   +2 more sources

Earnings Volatility and Earnings Predictability

open access: yesSSRN Electronic Journal, 2006
Survey evidence indicates widely held managerial beliefs that earnings volatility is negatively related to earnings predictability. In addition, existing research suggests that earnings volatility is determined by economic and accounting factors, and both of these factors reduce earnings predictability.
Ilia D. Dichev, Vicki Wei Tang
openaire   +2 more sources

Predictability of Aggregate Earnings

open access: yesSSRN Electronic Journal, 2011
In this study, I provide evidence that aggregate earnings are predictable based on the cointegration relation between earnings and cash flows implied by the accounting identity that earnings is the sum of the cash flows and the accruals. I first show that earnings and cash flows follow random walks with drifts while accruals is stationary with zero ...
Aydin Uysal
openaire   +2 more sources

Predictability and the earnings–returns relation☆

Journal of Financial Economics, 2009
Abstract This paper studies the effects of predictability on the earnings–returns relation for individual firms and for the aggregate. We demonstrate that prices better anticipate earnings growth at the aggregate level than at the firm level, which implies that random-walk models are inappropriate for gauging aggregate earnings expectations. Moreover,
Gil Sadka, Ronnie Sadka
exaly   +2 more sources

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