Essays about: "earnings benchmarks"

Found 5 essays containing the words earnings benchmarks.

  1. 1. Who’s managing earnings? A personality study of earnings management - Using algorithms to analyze how CEO personality traits engage in earnings management

    University essay from Göteborgs universitet/Graduate School

    Author : Kenneth Holmberg; Victor Appelgren; [2021-06-24]
    Keywords : Earnings management; Big Five Personality Traits; Chief executive officer;

    Abstract : Extensive research explains the underlying reasons to why firms engage in value-destroying and risky earnings management. There is subjectivity involved in these decisions, and to explain why managers engage in earning management differently, recent research has started to go beyond the traditional motives to explain why CEOs manage earnings differently. READ MORE

  3. 2. Backtesting the Magic Formula in the Brazilian Stock Market

    University essay from Göteborgs universitet/Graduate School

    Author : Alexander Gunnar Juliao de Paula; [2016-10-06]
    Keywords : Magic Formula; Value Investing; Joel Greenblatt; E cient Market Hypothesis EMH ; Capital Asset Pricing Model CAPM ;

    Abstract : This thesis performs a backtest of the Magic Formula for the Brazilian stock market in the period between 2006 and 2015. The Magic Formula methodology is a stock picking strategy that combines Return on Capital and Earnings Yield factors in a ranking system aiming to outperform the market average. READ MORE

  4. 3. The Adoption of the IFRS in the European Union - A study of potential harmonization effects across European capital markets

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Andreas Klavebäck; Bo Nie; [2015]
    Keywords : EU; Harmonization; IFRS; Value relevance;

    Abstract : This study investigates potential harmonization effects of capital market reactions in the EU with regards to the mandatory implementation of IFRS for listed firms. We compare data from two periods of different prevailing accounting regimes, from five EU member states of which the UK serves as a benchmark for changes in market reactions. READ MORE

  5. 4. The Accruals Based Trading Strategy on the Swedish Stock Market: Does the benchmark when classifying extreme accrual firms have an impact on the trading strategy’s effectiveness?

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Jessica Buö; Ellinor Molander Kroon; [2014]
    Keywords : Accruals anomaly; trading strategy; market efficiency; earnings fixation; Business and Economics;

    Abstract : Purpose: To investigate if it is possible to earn abnormal returns from the accruals based trading strategy in Sweden. The aim is also to examine if the benchmark used when classifying firms into accruals portfolios has an impact on the abnormal returns from the trading strategy. READ MORE

  6. 5. How reliable are earnings? : A study about real activities manipulation and accrual-based management in Europe

    University essay from Företagsekonomi

    Author : Albin Bjurman; Erik Weihagen; [2013]
    Keywords : earnings management; earnings management incentives; motives of earnings management; real earnings management; earnings benchmarks; earnings management Europe;

    Abstract : Background & Subject discussion: Financial reporting and earnings affect stakeholders’ decisions and is a vital component in firm’s information disclosure. Management possesses considerable influence over financial reports. Earnings consist of a cash-flow and accrual component. READ MORE