[PDF] Top 20 Two essays on earnings comparability

... the comparability of non-GAAP ...the comparability of GAAP earnings, no study has investigated whether non-GAAP exclusions lead to greater ...GAAP earnings being more value relevant, they ... See full document

... the earnings effect of college education is ...the two instruments used, cohort-specific college admission rate and the interaction between the admission rate and NCEE-Hukou status, affect individuals from ... See full document

... sumption and production sides of the economy, and show that the covariance with characteritics based factors and the cross–sectional difference in expected returns associated with firm characteristics are a theoretically ... See full document

... in earnings based on additional years of experience; typically, a permanent teacher reaches the top experience level after 11 years of ...of two or three di ff erent salary ... See full document

... There are also studies that investigate how the ownership structure are related to corporate risk-taking. Boubakri et al. (2013) suggest that since social stability is a major priority for government policies, newly ... See full document

... equity, earnings and total assets) are taken from the most recent quarter that ends at least four months prior to formation ...the earnings to price ratio; price is the share price; and the KZ-Index ... See full document

... aggregate earnings on the deferred compensation ...above-market earnings on deferred compensation, which is due by the firm guaranteeing a fixed rate of return greater than the return that the executive ... See full document

... The following dissertation contains two distinct empirical essays which contribute to the overall field of Financial Economics. Chapter 1, entitled “The Determinants of Dynamic Dependence: An Analysis of ... See full document

... managed earnings, underreported liabilities, or income smoothing, to name a few (Hail, Luez, & Wysocki, ...impact comparability and the financial results of a company. While comparability ideally ... See full document

... is set to 0.35, to match the statutory corporate tax rate. In the U.S. tax system, dividends received by a shareholder generally are taxed at the same rate that applies to the personal income tax; the capital gains, ... See full document

... sentences using the Python NLTK program. The identification of FLD sentences combines techniques from the accounting literature (Matsumoto et al., 2011; Muslu et al., 2014) and computational linguistics (Bird et al., ... See full document

... Stickel and Verrecchia (1994) test the hypothesis that price changes are more likely to reverse following weak volume support than strong volume support. Since price changes reflect demand for a stock and therefore ... See full document

... of earnings information and book values to explain market values of equity or changes in market values of ...the comparability of financial ...in comparability. This result can be interpreted as ... See full document

... If children are not playing outdoors, exploring for themselves, not receiving education from parents or teachers, who themselves have little or no experience of the outdoor, and not engaging with their peers in this ... See full document

... established comparability of results between web-based administration versus paper-and pencil administration using personality inventories in both a within-subject design (Vispoel, 2000) and a between- subject ... See full document

... shareholders who tender does not vary with time, . The third and fourth assump- tions are as follows: 3) the market is mis-pricing shares because it consistently under-estimates the conditional expected percentage of ... See full document

... Since the turmoil generated by the financial crisis of 2007-09, non-commercial bank financial institutions (nonbanks) have received much more attention in the academic literature, given the perception that their risky ... See full document

... I find the results are less clear among microcap stocks. The performance of the top two thirds of the microcaps by size is similar to that of the 10% to 40% group. The alphas and returns are large regardless of ... See full document

... The dissertation consists of two essays. The first essay investigates the ability of prior returns, relative to some aggregate market returns, to predict future returns on industry style portfolios. By ... See full document

... What drive the non-PAM across neighborhoods and increasing heterogeneity within each neighborhood under deferred acceptance are the conflicts between limited school capacity and over-demanded high-quality schools, a key ... See full document