Has the Value of Cash Increased Over Time?
In: Accounting & Finance, Band 60, Heft 3, S. 2263-2299
23 Ergebnisse
Sortierung:
In: Accounting & Finance, Band 60, Heft 3, S. 2263-2299
SSRN
In: Contemporary Accounting Research, Band 35, Heft 3
SSRN
SSRN
In: Kallousa N, Jang Y, Jung B, Warsame H 2022 Labor Unions and Post-Acquisition Integration Capability:; Evidence from Goodwill Impairment. J. Bus. Financ. Account. Forthcoming
SSRN
In: University of Connecticut School of Business Research Paper No. 21-10
SSRN
SSRN
Working paper
In: Contemporary Accounting Research 31(4), pp. 1047-1076.
SSRN
SSRN
Working paper
In: Journal of accounting and public policy, Band 43, S. 107172
ISSN: 0278-4254
In: Journal of Accounting and Public Policy, Forthcoming
SSRN
In: Journal of International Accounting Research, Band 19, Heft 2, S. 141-162
ISSN: 1558-8025
ABSTRACTWe examine whether foreign investors influence a local firm's income smoothing, using a sample of Korean firms from 2000 to 2013. We hypothesize that given innate informational difficulties of overseas investments, foreign investors demand less noisy and more sustainable earnings, and to satisfy this demand, managers have strong incentives to smooth earnings. We find that foreign investors' ownership is positively related to the level of earnings smoothing. We also find that earnings smoothing improves earnings informativeness in the presence of high foreign investor ownership, consistent with the notion that foreign investors play an important role in local firms' information environments.JEL Classifications: M41; M43; J53.
SSRN
Working paper
SSRN
SSRN
SSRN