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Showing 1 to 5 of 5 for “"Earnings Response Coefficients"”.

  1. Market capitalization and earnings persistence: the earnings response coefficients of tax generated earnings changes

    … research tests for persistence in tax generated earnings changes. Earnings persistence is indicated by the capitalization of earnings by securities markets. This research disaggregates accounting earnings and examines the security markets’ evaluation of the relative permanence or transience of …

    vt Repository record for Market capitalization and earnings persistence: the earnings response coefficients of tax generated earnings changes (opens in a new tab)

  2. An Investigation of the Effectiveness of the Division of Corporate Finance as a Monitor of Financial Reporting

    … with poor disclosure quality. I utilize forward earnings response coefficients (FERC) as a measure of the market's perception of disclosure quality. I expect comment letter firms to have lower disclosure quality and thus lower FERCs. Secondly, within the firms selected for comment, I investigate …

    vt Repository record for An Investigation of the Effectiveness of the Division of Corporate Finance as a Monitor of Financial Reporting (opens in a new tab)

  3. Implications of Disclosing Order Backlog

    … order backlog have significantly higher forward earnings response coefficients and greater investment efficiency. These effects, however, are concentrated amongst firms for which order backlog is expected to be a stronger signal of demand (i.e., firms that follow more of a make-to-order business …

    washington Repository record for Implications of Disclosing Order Backlog (opens in a new tab)

  4. Three Essays in Asset Pricing and Investment

    … that this approach produces substantially better earnings forecasts than consensus forecast and other conventional methods. Forecasting gain increases with dispersion and biasedness of analyst forecasts and under/overreactions to earnings news. Regression-based combination forecasts consistently …

    buffalo Repository record for Three Essays in Asset Pricing and Investment (opens in a new tab)

  5. INTRAINDUSTRY INFORMATION TRANSFERS: AN ANALYSIS OF CONFIRMATORY AND CONTRADICTORY EARNINGS NEWS

    … intraindustry information transfers finds that earnings announcements are information events not only for the announcing firm but also for others in the industry. This paper adds to this literature by investigating whether the informativeness of a firm’s earnings surprise is conditional on the …

    houston Repository record for INTRAINDUSTRY INFORMATION TRANSFERS: AN ANALYSIS OF CONFIRMATORY AND CONTRADICTORY EARNINGS NEWS (opens in a new tab)