论文

The Value Relevance of Earnings and Accruals

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作者

刘金全 (1964-),男,吉林大学数量经济研究中心教授,博士生导师,主要研究方向为宏观经济计量分析。

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The Value Relevance of Earnings and Accruals

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论文目录

  • 1 Introduction
    1. 1.1 Background
    2. 1.2 Preview Studies
  • 2 Theoretical Framework and Hypotheses Development
    1. 2.1 Earnings and Accruals Decomposing
    2. 2.2 Price and Return Model Theoretical Analysis
    3. 2.3 Hypotheses Development
  • 3 Empirical Research Design
    1. 3.1 Price and Return Models
    2. 3.2 Variable Definition
    3. 3.3 Sample Selection
  • 4 Empirical Results
    1. 4.1 Descriptive Statistics
    2. 4.2 Correlations Analysis
    3. 4.3 Regression Analysis
      1. 4.3.1 Vuong Test
      2. 4.3.2 Wald Test
      3. 4.3.3 Decomposition of R2
    4. 4.4 Robustness Tests
  • 5 Conclusions

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