The Relative Informativeness of Accounting Disclosures in Different Countries (Classic Reprint) - Rilegato

Alford, Andrew

Rilegato

ISBN 10: 0656536535 ISBN 13: 9780656536535

Casa editrice: Forgotten Books, 2019

Riassunto

Excerpt from The Relative Informativeness of Accounting Disclosures in Different Countries

This paper compares the information content and timeliness of accounting earnings in several countries using the United States as a benchmark. We perform two types of analyses. The first, based on the seminal work of Ball and Brown examines the contemporaneous association between the sign of unexpected earnings and stock returns. The second estimates a regression model of long-window stock returns on the contemporaneous level and change in earnings. Our investigation provides evidence on whether differences in capital markets accounting standards, disclosure practices, and corporate governance lead to Significant differences in the usefulness of accounting earnings. The effect of these differences is important given greater integration of capital markets and the resulting debate in the United States over the appropriate listing requirements for foreign stocks.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Dettagli dell'edizione

• Editore: Forgotten Books
• Data di pubblicazione: 2019
• Lingua: Inglese
• ISBN 10: 0656536535
• ISBN 13: 9780656536535
• Rilegatura: Copertina rigida
• Numero di pagine: 68
• Contatto del produttore: Copytech (UK) Ltd, Trading as Printondemand-worldwide.com; gpsr@podww.com; ; 9 Culley Court; Orton Southgate; Peterborough; Cambridgeshire; PE2 6WA; Regno Unito
• Persona responsabile: Easy Access System Europe Oü, 16879218; +358405003575; gpsr.requests@easproject.com; ; Mustamäe tee 50; Tallinn; 10621; Estonia