Results 11 to 20 of about 7,091 (286)
IPO initial returns in China: Underpricing or overvaluation?
China Journal of Accounting Research, 2014 This paper separates the amount of IPO underpricing (primary market underpricing) and overvaluation (secondary market overvaluation) from the value of an IPO’s initial return to evaluate the relative importance of these two factors and their main ...
Shunlin Song, JinSong Tan, Yang Yi
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Income Smoothing and Overvaluation
GLOBAL BUSINESS FINANCE REVIEWPurpose: This research evaluates two views of the effect of income smoothing on stock overvaluation. There is a view that income smoothing impairs the usefulness of profit information by distorting the economic substance of a company. While another view is income smoothing can serve as a means of conveying classified information within a company.
Cha, Sang Kwon
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On overvaluing parental overvaluation as the origins of narcissism [PDF]
Proceedings of the National Academy of Sciences, 2015 Understanding the developmental roots of narcissism has inspired much theorizing but little systematic inquiry. In this light, the longitudinal study by Brummelman et al. (1), which found that early socialization experiences in the form of parental overvaluation predicts the development of childhood narcissism, is a notable contribution to the ...
David, Kealy +2 more
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Unbalanced growth and land overvaluation. [PDF]
Proc Natl Acad Sci U S AHistorical trends suggest the decline in the importance of land as a production factor, as evidenced by the decline in the employment and gross domestic product (GDP) shares of land-intensive industries. However, land continues to be a prominent store of value, as over half of household wealth in major countries is real estate. To explain this apparent
Hirano T, Toda AA.
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Overvaluation and earnings management: Does the degree of overvaluation matter? [PDF]
Accounting and Business Research, 2018 We examine whether the choice of earnings management strategies employed by managers of overvalued firms depends on the degree of market overvaluation. By distinguishing between substantially overvalued and relatively overvalued firms, we find that substantially overvalued firms significantly inflate earnings using both accruals-based and real earnings
Duong, Chau, Pescetto, Gioia
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Bulimia nervosa severity levels based on shape/weight overvaluation explain more variance in clinical characteristics than DSM-5 severity levels. [PDF]
Psychol MedBACKGROUND: DSM-5 specifies bulimia nervosa (BN) severity based on specific thresholds of compensatory behavior frequency. There is limited empirical support for such severity groupings.
Abber SR +8 more
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Is the Stock Market Overvalued? [PDF]
Quarterly Review, 2000 The value of U.S. corporate equities in the first half of 2000 was close to 1.8 times U.S. gross national income. Some stock market analysts have argued that the market is overvalued at this level. We use standard economic theory and find that the market is correctly valued.
Ellen R. McGrattan, Edward C. Prescott
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The overvaluation of Renminbi undervaluation [PDF]
Journal of International Money and Finance, 2007 We evaluate whether the Renminbi (RMB) is misaligned, relying upon conventional statistical methods of inference. A framework built around the relationship between relative price and relative output levels is used. We find that, once sampling uncertainty and serial correlation are accounted for, there is little statistical evidence that the RMB is ...
Yin-Wong Cheung +2 more
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The Impact of Equity Overvaluation on Earnings Management [PDF]
مجله دانش حسابداری, 2012 Researches show that if market value of stock in a firm exceeds its true value, this overvaluation affects the managerial behaviors and corporation actions.
Mahmoud Mousavi Shiri +2 more
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Investigating the effect of information asymmetry on the relationship between stock overvaluation and bank loan yield gap [PDF]
New Applied Studies in Management, Economics & Accounting, 2019 Since investors, as the main sources of corporate resources, demand complete and accurate corporate information, stock overvaluation and information asymmetry can affect investors, creditors, accounting policy makers, and consequently society as a whole.
MohammadReza Vatanparast +1 more
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