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Purpose -This paper seeks to deal with the problem of the anomalous negative price-earnings relation for firms listed in the Athens Stock Exchange (ASE). Design/methodology/approach -The simple earnings capitalization model is employed to investigate the association between price and earnings...
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Purpose – This paper seeks to deal with the problem of the anomalous negative price‐earnings relation for firms listed in the Athens Stock Exchange (ASE). Design/methodology/approach – The simple earnings capitalization model is employed to investigate the association between price and...
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Purpose: The purpose of this study is to examine the sophistication (accuracy, bias, informativeness for changes in accruals) and market pricing of analysts’ cash flow forecasts for Eurozone listed firms and the effects of financial distress and auditor quality. Design/methodology/approach:...
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