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This paper investigates the impact of negative earnings persistence on the value relevance of earnings before interest and taxes (EBIT) and book values for 27 non-financial firms listed on the Zimbabwe Stock Exchange (ZSE). Negative earnings are perceived to be persistent where firms reported...
Persistent link: https://www.econbiz.de/10012023322
In this paper, we investigate whether the use of accounting conservatism in India decreases IPO underpricing, which is of attention to stakeholders and supervisors. Furthermore, the study examines how asymmetry information affects the implication of accounting conservatism for IPOs. Based on a...
Persistent link: https://www.econbiz.de/10014500281
For more than 40 years, oil and gas companies have been able to choose between two competing methods for accounting for exploration activities. The implication is that two otherwise identical companies can report substantially different earnings depending on chosen method. This situation, where...
Persistent link: https://www.econbiz.de/10011887430
financial ratios representing profitability, liquidity, leverage, and cash flows, as well as two important market factors which … profitability, liquidity, leverage, cash flow ratios, and firm size are significant, while SIG is insignificant in predicting …
Persistent link: https://www.econbiz.de/10012023254
, solvency and profitability crises are the most important failure predictors generally, and second, also in different stages for …, profitability, revenue creation ability) and eight failure processes, it outlines how and why failure risk evolves dynamically for …
Persistent link: https://www.econbiz.de/10015334569
The main objective of this research is to investigate the Predictability of Financial Statements Fraud-Risk Using Benford's Law on the Tehran Stock Exchange. Therefore, based on financial fraud detection criteria, a sample of 50 companies was extracted that 25 companies had fraud-risk in...
Persistent link: https://www.econbiz.de/10013183842
such as limited access to resources, capital, markets, and institutional support. The study examines the profitability of … income of ZAR 19,091.72 and a return on investment of 0.77 per growing period, indicating profitability despite obstacles …. Factors influencing profitability include age, household size, farm size, and farming experience. Based on the study results …
Persistent link: https://www.econbiz.de/10015193348
There is a need to explore the moderating role of banks' efficiency in the relationship between corporate governance (CG) and default probability in Pakistan. Such attention is required due to poor bank governance, which threatens banks' stability. This empirical study's objective is to...
Persistent link: https://www.econbiz.de/10014501151
evidence suggests that banks' digital transformation has a negative impact on their profitability to some extent, but digital … these factors will help banks to maintain profitability by leveraging synergies with financial inclusion in the process of …
Persistent link: https://www.econbiz.de/10014501163
Exchange and Thailand Stock Exchange from 2004 to 2013. We also investigate how firm-specific factors such as profitability … across all three countries. We find profitability has a significant negative influence on capital structure for Malaysia and …
Persistent link: https://www.econbiz.de/10011887563