**Address all correspondence to Skinner at University of Michigan Business ...
earnings news is frequently preannounced for growth stocks [Skinner (1994, ...
current accruals in year t on lagged, current, and future cash flows from operations. ..... adjusted assets (total assets minus cash and cash equivalents); MB the ...
economics, finance, and accounting fields in recent years. Controlling .... In our sample, which covers the 2000-2004 period, total accounts receivable amount to ...
which members of the controlling family took out loans from the company to pay for .... earnings and stock returns of listed firms, which indicates that self-dealing is ... economy to a market one, uncollectible trade credit has constantly been a ...
Academy of Accounting and Financial Studies Journal. Volume ... Accounting and financial studies have shown that profit is affected by .... addition, Kieso et al.
computer hardware and software, drugs, electrical equipment, and retail). ... Throughout the paper we compute stock returns as buy-hold with-dividend stock returns. ...... face of an earnings surprise, The Accounting Review 70: 113-134.
Empirical Evidence from the Greek Capital Market ... The relation between stock returns and accounting earnings has been an internationally popular subject of ...
(EAA Conference, 2014), and the Copenhagen Business School Research Seminar (2014), as well as anonymous reviewers, for helpful comments on early ...
Journal of Financial Economics 79 (2006) 537–568. Stock returns, aggregate
earnings surprises, and behavioral finance. $. S.P. Kothari a. , Jonathan
Lewellen.
differenced quarterly earnings has a standard deviation of 18.6%, about half of ...
Earnings surprises seem to be large, so our tests should have reasonable power
to ... In regressions, concurrent earnings explain between 5% and 10% of the ...
then excluding earnings announcement periods from the analysis has the potential .... recompute abnormal returns using the four-factor model of Carhart (1997).
on mining stock returns and stock market volatility, and the comovements .... optimize their portfolios using mining stocks due to the importance of this sector ..... 10. 20. 30. 40. Copper price. 2004. 2006. 2008. 2010. 2012. 2014. 4000 ..... 0.5. 0
Mar 19, 2016 - available data from news articles (Tetlock, 2007), Twitter (Bollen, .... nies that share names with other searchable objects, like apple, or actual.
In addition, we thank Vivek Bohra, Jeff Braun, Stefan Budac, Jason Hotra, Carl Huttenlocher,. Kevin Kadakia, and Matthew Zames for their research assistance.
May 15, 2002 - Corresponding author: Banco Central do Brasil, DEPEP, SBS Quadra 3, .... Bradesco and Itaú had no missing observations with a total of 2928.
ORIGINAL ARTICLE. 0G raphicraft Limited, Hong Kong. Earnings management and abnormal returns: Evidence from the 1970â1972 Price Control Regulations.
FRANK J. FABOZZI, K.C. MA, AND BECKY J. OLIPHANT. FRANK J. FABOZZI is a
professor of finance at the Yale School of Manage- ment in New Haven, CT,.
the Returns from Playing Lottery Tickets: The Basis of an. Instructional Activity ... lottery winnings to help them achieve their financial goals. The percentage ...
the Returns from Playing Lottery Tickets: The Basis of an. Instructional .... The methodology employs @Risk software, a simulation engine which works within Excel. This .... In order to choose the distribution that best fits the historic stock market
A Probabilistic Model for Measuring Stock Returns and the Returns from Playing Lottery Tickets: The Basis of an. Instructional Activity. Karen L. Hamilton, Chris ...
Disclosure Quality and Earnings Management. Gerald J. Lobo. Arthur Andersen
Professor of Accounting. Department of Accountancy & Taxation. Bauer College ...
and ROE with stock market returns, this study adopts the Easton and Harris (1991) ... figures contained or conveyed information about a company's financial ..... J. K. Cheung and V. Gopalakrishnan (1993), 'On the Usefulness of Operating.
NBER WORKING PAPER SERIES. STOCK PRICES, EARNINGS. AND
EXPECTED DIVIDENDS. John Y. Campbell. Robert J. Shiller. Working Paper No.
2511.
(2006) that encompass manipulations in sales strategies, discretionary ..... Page 17 ..... Indicator variable for firm-years with small earnings (between 1 and 0 ...