Koerniadi, Hardjo; Tourani‐Rad, Alireza - In: Journal of Applied Accounting Research 12 (2011) 2, pp. 108-122
Purpose – The purpose of this paper is to examine whether managers deliberately use accruals to convey information regarding firm future profitability. Design/methodology/approach – The paper uses contemporaneous earnings and dividend increase announcements in New Zealand as the research...