The accrual anomaly : effects of financial statement presentation format on less-informed investors.

• 主要作者: Low, Bernardine Mei Fong.
• 其他作者: Nanyang Business School
• 格式: Research Report
• 語言: English
• 出版: 2009
• 主題: DRNTU::Business::Accounting::Financial statements and analysis
• 在線閱讀: http://hdl.handle.net/10356/14727
• 機構: Nanyang Technological University

I examine whether investors exhibit greater ability to discriminate between high-accrual and low-accrual firms when they have more knowledge of earnings persistence and when accrual information is presented more clearly in the financial statements. Using an experimental approach, I manipulate in the...