Results 211 to 220 of about 2,352 (260)

Earnings Volatility and Earnings Predictability

SSRN 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
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Earnings forecasts and idiosyncratic volatilities

International Review of Financial Analysis, 2008
Abstract We test the theoretical relation between idiosyncratic return volatilities and the volatilities of cash-flow news based on the expected returns on equity (ROE) for CRSP stocks over the period 1977–2008. Consistent with economic intuition, we find that using analyst forecasts of earnings is superior to using realized earnings to proxy for ...
Lawrence Kryzanowski, sana mohsni
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Volatility, Earnings, and Multiples

The Journal of Investing, 2021
The author decomposes the variance of stock returns into a fundamental component, proxied by the variance of their earnings; a behavioral component, proxied by the price-to-earnings ratios’ variance; and a joint component. By sorting stocks according to each of the three components, he found the usual low-volatility pattern, whereby stocks with low ...
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Earnings Autocorrelation, Earnings Volatility, and Audit Fees

Auditing: A Journal of Practice & Theory, 2017
SUMMARY This study proposes that earnings autocorrelation and earnings volatility are associated with audit fees. Autocorrelation and volatility are time-series of earnings characteristics that may affect an auditor's perception of inherent risk.
Bryan, David B., Mason, Terry W., Kenneth Reynolds, J.   +2 more
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Dividends, earnings volatility and information

Applied Financial Economics, 2009
It is generally accepted that a firm's dividend policy can provide information about its future financial performance. Most studies link dividend policy with firm valuation; however, other signals involving dividend policy are also observed. The focus of this article is not to continue the examination of the return (valuation) information contained in ...
Ben Howatt, Richard A. Zuber, John M. Gandar, Reinhold P. Lamb   +3 more
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Volatility of accounting earnings

Accounting and Business Research, 2013
The theoretical derivation of the volatility of accounting earnings is an important topic. Not only does it concern the uncertainty in earnings measurement, but it also allows for an objective comp...
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Earnings Volatility and Earnings Prediction: Analysis and UK Evidence

Journal of Business Finance & Accounting, 2013
AbstractThis paper confirms that US evidence of a negative relationship between earnings persistence and earnings volatility applies to UK firms over the period 1991–2010. Our analytical framework highlights the possibility that this result may reflect downward estimation bias in earnings persistence (and persistence of cash flow and accruals ...
Clubb, Colin, Wu, Guoli
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Voluntary Semiannual Earnings Disclosures, Earnings Volatility, Unexpected Earnings, and Firm Size

Journal of Accounting Research, 1992
Prior research has examined the association between management forecast disclosure and earnings volatility, unexpected earnings, and firm size (e.g., Waymire [1985]). This study examines whether similar associations exist for a different voluntary disclosure item (interim earnings) in a different institutional setting (New Zealand).
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Earnings Volatility and Derivative Restatements

SSRN Electronic Journal, 2008
A number of companies recently restated their financial statements to correct for misapplication of the accounting standard for derivative accounting, SFAS No. 133. The FASB's initial proposal for this standard was met with opposition from the business community, who argued that it would increase earnings volatility.
Jayanthi Krishnan, Chunwei Xian
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Earnings Volatility, Post–Earnings Announcement Drift, and Trading Frictions

Journal of Accounting Research, 2011
ABSTRACTWe find that lower ex ante earnings volatility leads to higher Post–Earnings Announcement Drift (PEAD). PEAD is a function of both the magnitude of an earnings surprise and its persistence. While prior research has largely investigated market reactions to the magnitude of the earnings surprise, in this study we show that the persistence of the ...
SEAN SHUN CAO, GANAPATHI S. NARAYANAMOORTHY   +1 more
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