Performance Matched Discretionary Accrual Measures
Preprint
- 1 January 2001
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
Prior research shows that extant discretionary accrual models are misspecified when applied to firms with extreme performance. Nonetheless, use of such models iKeywords
This publication has 5 references indexed in Scilit:
- Accruals and the Prediction of Future Cash FlowsThe Accounting Review, 2001
- Earnings Management and the Long‐Run Market Performance of Initial Public OfferingsThe Journal of Finance, 1998
- Detecting long-run abnormal stock returns: The empirical power and specification of test statisticsJournal of Financial Economics, 1997
- Detecting abnormal operating performance: The empirical power and specification of test statisticsJournal of Financial Economics, 1996
- A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for HeteroskedasticityEconometrica, 1980