Cheng, C.S. Agnes; Lee, Bong-Soo; Yang, Simon - In: International Journal of Accounting and Information … 21 (2013) September, pp. 260-284
Purpose – Prior studies provide mixed propositions on whether earnings levels or earnings changes provide the better … both earnings variables. This paper aims to compare the value relevance of earnings levels with that of earnings changes in … contain predominantly transitory components, but that of earnings levels is not. The results support earnings levels are a …