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We consider whether the market conditions its reactions to an executive's move from an Origin Company to a Destination Company on the executive's past performance and any other information impounded in the market reaction to the executive's emigration from the Origin Company. We also examine...
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In this study, we consider whether the market conditions its reactions to a senior executive s (SE) move from an origin company (OC) to a destination company (DC) onthe SE s past performance and any other information impounded in the market reaction to the SE s emigration from the OC. We also...
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We revisit the role of the cash and accrual components of accounting earnings in predicting future cash flows using out-of-sample predictions, firm-specific regression estimates, and different levels of aggregation of the dependent variable, with market value of equity as a proxy for all future...
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