Earnings Persistence and the Value Relevance of Accounting Accruals in the Emerging Markets
Navissi, Farshid & Mirza, Malik (2006) Earnings Persistence and the Value Relevance of Accounting Accruals in the Emerging Markets. In Fullerton, Sam & Moore, David (Eds.) Global Business Trends: Contemporary Readings. The Academy of Business Administration, pp. 1-11.
We investigate whether the persistence of earnings is attributed more to the accruals or the cash flow component for the Taiwanese firms. Evidence from the non-emerging market-related research indicates that although both components of current earnings are significant determinants of future earnings, cash flow has incremental contribution. We use pooled and decile ranking regressions to examine persistence of earnings, accruals and cash flows. We find significant incremental contributions by cash flows. Moreover, our results indicate that investors in Taiwan do not use information on earnings persistence in their price setting process.
Citation countsare sourced monthly fromand citation databases.
These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science generally from 1980 onwards.
Citations counts from theindexing service can be viewed at the linked Google Scholar™ search.
|Item Type:||Book Chapter|
|Additional Information:||For more information about this book please refer to the publisher's website (see link) or contact the author. Author contact details : email@example.com|
|Keywords:||Earnings persistence, value relevance, accruals, cash flows|
|Subjects:||Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > ACCOUNTING AUDITING AND ACCOUNTABILITY (150100) > Financial Accounting (150103)|
|Divisions:||Current > QUT Faculties and Divisions > QUT Business School|
|Copyright Owner:||Copyright 2006 The Academy of Business Administration|
|Deposited On:||10 Apr 2007|
|Last Modified:||03 Mar 2011 15:34|
Repository Staff Only: item control page