BANKER, RAJIV D.; HUANG, RONG; NATARAJAN, RAMACHANDRAN - In: Journal of Accounting Research 47 (2009) 3, pp. 647-678
<heading id="h1" level="1" implicit="yes" format="display">ABSTRACT</heading>Accounting performance measures such as earnings and cash flows are useful for both valuation and performance evaluation purposes. However, little evidence exists on whether there is any association between these two roles. In this study, we provide large sample empirical evidence that...
