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Purpose – The purpose of this paper is to investigate the effect of operating cycle on the differential persistence of accruals and cash flow, and the market reaction to the different components of earnings across firms with various operating cycles. Design/methodology/approach – By...
Persistent link: https://www.econbiz.de/10014759138
Purpose – The purpose of this paper is to investigate the effect of operating cycle on the differential persistence of accruals and cash flow, and the market reaction to the different components of earnings across firms with various operating cycles. Design/methodology/approach – By...
Persistent link: https://www.econbiz.de/10008511320