We analyse to what extent the accrual anomaly is related to the choice of the accounting system as well as firm … first corroborate former results indicating that the accrual anomaly is also present in Germany. However, this anomaly seems … reduce the accrual anomaly, shareholder monitoring is not. Apart from offering evidence related to the cross …

the 12-month period subsequent to the accrual reporting; hence, future informational efficiency increases with the extent …

new analysis on how an ex ante and ex post treatment of risk and transaction costs affects the accrual and PEAD anomalies …

This paper examines the relationship between accrual components and stock trading costs in China and finds that both …