Our analyses are based on the observation that the portion of change in enterprise value captured in earnings differs … reserves; and, (2) changes in value of assets in place (i.e., enterprise returns). We demonstrate that the effect on earnings … earnings has received little attention in the extant literature, we show that it explains more of earnings than is explained by …

Do accruals-based earnings provide better information about future operating cash flows than do operating cash flows … unsettled. We show that when comparing the predictive ability of operating cash flows with that of an equivalent earnings … measure calculated on an accrual basis, earnings outperform operating cash flows. The result becomes more pronounced when …

Managers are often employed many alternatives for earnings management following their objectives or the financial … reporting objectives; the commonly used are the accrual-based and cash-based earnings management. The literature reveals that … investigates the relationship between the two strategies of earnings management in Algeria, whether it is a substitute or …

According to a recent conjecture in the literature, earnings have become a poorer proxy for cash flow from operations … effectiveness of earnings has actually increased for a large sample of US manufacturing firms. This occurs despite the introduction …