Showing 1 - 10 of 44
Purpose – There are several studies that investigate evidence for mean reversion in stock prices. However, there is no consensus as to whether stock prices are mean reverting or random walk (unit root) processes. The goal of this paper is to re-examine mean reversion in stock prices....
Persistent link: https://www.econbiz.de/10009483709
earnings disclosures from 30 June 1992. This paper provides evidence on relationships between earnings and cash flow measures … assets and current liabilities). Second, traditional cash flow measures exhibit high correlations with earnings, while the … more refined cash flow measure has a lower correlation with earnings. Finally, traditional cash flow measures better …
Persistent link: https://www.econbiz.de/10009437522
States and other developed countries, research indicates that both earnings and book value are important predictors of equity … valuation. In Turkey, earnings appears to have information content but earnings, by itself, appears to be declining in … risky environment of Turkey, where future value of earnings is quite uncertain, investors may be paying less attention to …
Persistent link: https://www.econbiz.de/10009440735
In this paper, we use a three-period panel of Tanzanian households to explore the determinants of earnings and earnings … significant convex effect upon earnings levels, but to have had no significant effect upon earnings growth (indeed, there is some …, there are interesting insights into the age-earnings relationship: the relationship is found significantly to be concave in …
Persistent link: https://www.econbiz.de/10009441492
. The lead lag model suggests that earnings forecasts may be made based on the model presented in this study. …
Persistent link: https://www.econbiz.de/10009441698
-de-açúcar.---------------------------The paper analysis the earnings and other characteristics of employment in sugar cane crops and in sugar and alcohol industries … in Brazil, from 2002 to 2006, considering either all occupied persons or only employees. The paper also compares earnings … whole country, the North-Northeast and Center-South regions and the State of São Paulo. It is shown that average earnings of …
Persistent link: https://www.econbiz.de/10009445219
on men's and women's earnings. We extend earlier earnings research and investigate whether the effect of marriage is … constant for men and women at different points on the conditional earnings distribution by using robust and quantile regression … and family characteristics. Overall, there are very few differences in the association between marriage and earnings for …
Persistent link: https://www.econbiz.de/10009447869
This study investigates whether fee dependence within the audit firms' offices jeopardises auditor independence. Fee dependence is examined at both the national audit firm level as well as the local office level and in a setting where public disclosure of fees is mandatory. We focus our tests on...
Persistent link: https://www.econbiz.de/10009448035
We measure the persistence and predictability of sales and earnings growth for Australian-listed firms from 1989 to …. However, there is little evidence that valuation ratios-measured as revenue, earnings or book value of equity relative to …
Persistent link: https://www.econbiz.de/10009448286
, such as price earnings ratio (PER) and cash dividends. The formulation of problem is how the effect of Price Earning Ratio … Indonesia Stock Exchange.Using the investment management theory related to stock price, price earnings ratio and dividend. This … earnings ratio. …
Persistent link: https://www.econbiz.de/10009464527