misprice the information contained in accruals. My study shows that in the four year period prior to accrual recognition … period accruals and future returns. In addition, I link the accrual anomaly and the value/growth anomaly to a common economic …Prior studies employ a two period empirical model and interpret the negative association between accruals in period one …

This paper examines the relationship between accrual components and stock trading costs in China and finds that both … abnormal and normal accruals are associated with these costs. Moreover, negative accruals, both abnormal and normal, have a … greater influence on stock trading costs than positive accruals because of short-selling constraints in the Chinese stock …

tool to assess earnings quality based on accrual rates. This allows regulators and standard-setters to provide more …