Lee, Yung-Chuan; Lu, Cheng-Chang - In: International Journal of Financial Research 6 (2015) 1, pp. 119-136
This study examines the incremental information content of components of earnings by regressing future net income of earnings¡¯ components in a series of multivariate models. We find that the components of operating cash flow and accruals provide more information to effectively predict future...