From an information perspective, sources of risk should be reflected in accounting fundamentals. However, asymmetry in … the news is eventually disclosed. The present study examines the impact of a number of accounting and auditing attributes …

earnings quality factors, the incremental usefulness of this accounting signal increases significantly. Second, this paper … profitability. In doing so, I incorporate the main drivers of earnings quality (i.e. fundamental performance and the accounting … accounting information. I document that both analysts and investors appear to efficiently incorporate earnings quality …