Christensen, Peter O.; Feltham, Gerald A. - In: Foundations and Trends(R) in Accounting 4 (2009) 1, pp. 1-112
-series properties of the free cash flows and the accounting policy. Growth, persistence, and mean reversion of residual operating income … created by competition in the product markets or by the accounting policy are key determinants of the term structure of risk-adjustments. …