Implication of Comprehensive Income Disclosure for Future Earnings and Analysts' Forecasts

• المؤلفون الرئيسيون: CHOI, Jong-Hag, ZANG, Yoonseok
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2006
• الموضوعات: Comprehensive income; Earnings prediction; Analysts’ forecast revisions; Analysts’ forecast errors; Usefulness of accounting disclosures; Accounting; Portfolio and Security Analysis
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/163; https://ink.library.smu.edu.sg/context/soa_research/article/1162/viewcontent/CZSJB20061019.pdf
• المؤسسة: Singapore Management University

This paper examines the association of comprehensive income with subsequent period net income as well as analysts’ earnings forecasts. Our results support the notion that comprehensive income is incrementally useful in predicting subsequent period changes in net income. We also document that compreh...