[PDF] Top 20 Earnings quality and the heterogeneous relation between earnings and stock returns

... Accounting and finance have a long tradition of studying the relation between accounting earnings and stock market ...by the importance of earnings for ... See full document

... common stock; (ii) in the case of control sale, all shareholders have the right to sell their shares at the same price; (iii) if the company opt out of the list or cancel ... See full document

... investigates the influence of ownership concentration on earnings quality of Brazilian ...considering the substantially low number of companies with diffuse ownership structure in Brazil in ... See full document

... For the performance of the audit committee to be efficacy is necessary that it is diligent (DeZoort et ...monitoring, the number of the audit committee meetings are used as diligence measured ... See full document

... of the evident limitations related to the reduced sample, the results obtained from this study suggest the possibility that the speeches made by managers in conference calls legitimize ... See full document

... Regarding the table 1-7, since Durbin-Watson statistic test value is determined among ...correlation between errors and regression can be used. The adjusted coefficient of determination is ... See full document

... of the events on day 1 are statistically significant with a positive AAR, instead of ...of the null hypothesis. Instead, the null is rejected on 50% of the events, 25% of those with positive ... See full document

... studied the effects of different variables such as current ratio, quick ratio, working capital on total assets and cash flow on economic value added by collecting the necessary information of 29 ... See full document

... in relation to contractual motivations, the higher the debt ratio of a company, the more likely that its managers will select accounting practices that transfer future profits to the ... See full document

... about the inclusion of NASDAQ ...NYSE-AMEX and NYSE-AMEX-NASDAQ. The technological NASDAQ index is mostly formed by small ...highlighted, the size effect creates stronger PEAD, momentum ... See full document

... [r] ... See full document

... from the possible endogeneity of the decision to become ...comparisons between literate and illiterate individuals for the relevant variable ...affect the relevant ...involvement ... See full document

... where the seller knows more than the buyer does although the reverse also may ...of the other party's lack of knowledge. In this paper, we examine the effect of information asymmetry on ... See full document

... Roberts and Dowling (2002) also conrmed such relationship between corporate reputation and rms' ...Roberts and Dowling (2002) to support the hypothesis that reputation might become a ... See full document

... Miller and Modigliani (1961) concluded that investors may be indifferent to the amount of ...dividends and capital gains, the results are not strictly the ...In the presence of a ... See full document

... Despite the significance of these coefficients we have found evidence of ...test and a structural break could not be rejected for mid ...of the results we perform these SUR for two different ... See full document

... Improving the quality of accounting information is something the business environ- ment longs for and this is a theme that may be addressed in various ...small and medium-sized ... See full document

... whether the different types of book-tax differences are useful for predicting the future income of publicly traded companies in five Latin American ...about the relationship between tax ... See full document

... investigate the relationship between the dynamics of education and earn- ings inequality in ...Brazil. The Brazilian case is important for, apart from its exceptionally high levels of ... See full document

... appear and new investment opportunities are themselves likely to be associated with a widening gap in the information asymmetry between “insiders” and “outsiders” (Healy & Palepu, ... See full document