Essays about: "PREDICTIVE VALUE OF EARNINGS"

Found 4 essays containing the words PREDICTIVE VALUE OF EARNINGS.

  1. 1. The predictive content of one-time accounting items

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Sebastian Roth; [2020]
    Keywords : Special items; One-time items; Firm life cycle; Earnings persistence; Profit margins;

    Abstract : My paper suggests that investors can leverage corporate life cycle theory to enhance their understanding of one-time items, helping them to decide whether those items shall be considered or neglected. One-time revenues are only associated with future performance for longer earnings windows in mature firms. READ MORE

  3. 2. The Predictive Value of Abnormal Positive Tone in Earnings Conference Calls

    University essay from Göteborgs universitet/Graduate School

    Author : André Holmström; Haris Kovacevic; [2017-08-09]
    Keywords : qualitative disclosures; tone; earnings conference calls; market efficiency; abnormal returns; earnings information uncertainty;

    Abstract : Tone in qualitative firm disclosures has increasingly caught the academic in-terest. Earnings conference calls are however a form of firm communication that largely have been overlooked in accounting research. READ MORE

  4. 3. The Predictive Value of Items Excluded from Pro-Forma Earnings Before and During the Financial Crisis

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

    Author : Maximilian-Felix Ströher; Anne Eliasson; [2014]
    Keywords : pro forma; macroeconomic environment; special items; predictive value;

    Abstract : This paper explores the future implications of items excluded from pro forma earnings on future operating cash flows under two different macroeconomic conditions; before and during the financial crisis. We find that future implications of excluded items differ for the crisis and non-crisis scenario, a difference driven by high profitability firms. READ MORE

  5. 4. An adjusted Fed-model for valuation of emerging stock markets

    University essay from Företagsekonomiska institutionen

    Author : Hanna Svensson; [2005]
    Keywords : ;

    Abstract : This paper examines the possible relationship the earnings yield and long term government bond yield for a number of emerging markets. An adjusted Fed-model is used to judge whether stock prices are too high, too low or at their fair value. READ MORE