On The Factors Influencing Return Earnings Relationship PDF Download
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| Author | : Reza Espahbodi |
| Publisher | : |
| Total Pages | : 35 |
| Release | : 2000 |
| Genre | : |
| ISBN | : |
Download On the Factors Influencing Return-Earnings Relationship Book in PDF, ePub and Kindle
Many studies have attempted to identify firm specific characteristics that influence the return-earnings relationship. The R-squared reported in these studies, however, are generally low and the earnings response coefficients are less than the theoretical value. Three factors have contributed to the low R-squared and the varying estimates of the earnings response coefficients: (1) violation of the OLS regression assumptions, particularly the linearity assumption, (2) omission of important (and correlated) variables, and (3) subjective specification of what variables (and interaction terms) to include in the earnings response regression.This study attempts to avoid these problems. Specifically, I examine all firm-specific characteristics that are known to influence the relationship between earnings and security return. This reduces the likelihood of an omitted correlated variable problem. More importantly, I use the recursive partitioning technique developed by Breiman et al. (1984), thus avoiding the subjectivity in specifying the earnings response regression model as well as the problems resulting from the distributional assumptions of the ordinary regression analysis.The recursive partitioning analysis indicates that five factors - size, market to book, earnings predictability, earnings persistence, and book value per share - affect the return-earnings relationship either individually and/or in interaction with each other and unexpected earnings. When included in the earnings response regression, these factors and their interactions explain a large percentage of the cross-sectional variations in return. Sensitivity tests are performed for alternate return windows and measure of earnings.
| Author | : Sudhir Krishnamurthi |
| Publisher | : |
| Total Pages | : 22 |
| Release | : 1985 |
| Genre | : |
| ISBN | : |
Download Fundamental Factors Influencing Price Earnings Relationships Book in PDF, ePub and Kindle
| Author | : Orley Ashenfelter |
| Publisher | : Elsevier |
| Total Pages | : 800 |
| Release | : 1999-11-18 |
| Genre | : Business & Economics |
| ISBN | : 9780444501899 |
Download Handbook of Labor Economics Book in PDF, ePub and Kindle
A guide to the continually evolving field of labour economics.
| Author | : Sudhir Krishnamurthi |
| Publisher | : Forgotten Books |
| Total Pages | : 74 |
| Release | : 2018-02-17 |
| Genre | : Business & Economics |
| ISBN | : 9780656795574 |
Download Fundamental Factors Influencing Price Earnings Relationships Book in PDF, ePub and Kindle
Excerpt from Fundamental Factors Influencing Price Earnings Relationships: A Cross Sectional Study The results of the paper, though a first step, will be useful to both investors, and regulators of accounting standards. By knowing the kinds of firms for which earnings are important determinants of prices and those for which they are not. Investors can better apportion their time and effort in forecasting the earnings of different firms. As a major role of accounting information is to help investors in security valuation, this study will help regulators identify situations where accounting information is inadequate for valuation and thereby focus their attention on the areas where it is most needed. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
| Author | : Krishnamurthi Sudhir |
| Publisher | : Hardpress Publishing |
| Total Pages | : 84 |
| Release | : 2013-12 |
| Genre | : |
| ISBN | : 9781314672411 |
Download Fundamental Factors Influencing Price Earnings Relationships Book in PDF, ePub and Kindle
Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.
| Author | : Lucky Yona |
| Publisher | : AuthorHouse |
| Total Pages | : 109 |
| Release | : 2018-08-17 |
| Genre | : Business & Economics |
| ISBN | : 1546295585 |
Download The Analysis of Factors Influencing Leverage of Tanzanian Companies Book in PDF, ePub and Kindle
The dominant capital structure studies across the globe have been concentrated in developed countries and specifically for listed companies and few on unlisted companies or mixed companies. This thesis aims to examine the extent to which company liquidity, profitability, tangibility, and company size influence the leverage of Tanzanian companies as suggested by pecking order and trade-off theory. The study findings show a negative relationship between company liquidity and company leverage as measured by debt ratio and debt-to-equity ratio. These findings show the validity of the pecking order theory in Tanzania. The postulates of the trade-off theory as far as liquidity is concerned are not valid. The study findings also reveal a positive relationship between profitability and leverage, suggesting that majority of Tanzanian companies used more debts as the means of financing their business operations despite their profitability. The study also found that the tangibility of listed companies was higher than that of the unlisted companies and that there was a negative relationship between tangibility and leverage, which is valid to pecking order but contrary to trade-off theory. As far as company size is concerned, study findings suggest that pecking order theory (POT) and trade-off theory (TOT) relevance cannot be fully supported in Tanzanian companies as the findings have revealed a negative relationship between company size and leverage. Findings reveal a negative relationship between company size and leverage. Pecking order theory (POT) and trade-off theory (TOT) relevance cannot be fully supported in Tanzanian companies, and size of listed companies was higher than that of the unlisted companies. This suggests that the size of majority of Tanzanian unlisted companies is still small as compared to the listed companies.
| Author | : Katrina Avila Munichiello |
| Publisher | : Tuttle Publishing |
| Total Pages | : 256 |
| Release | : 2017-03-21 |
| Genre | : Literary Collections |
| ISBN | : 9780804848992 |
Download A Tea Reader Book in PDF, ePub and Kindle
A Tea Reader contains a selection of stories that cover the spectrum of life. This anthology shares the ways that tea has changed lives through personal, intimate stories. Read of deep family moments, conquered heartbreak, and peace found in the face of loss. A Tea Reader includes stories from all types of tea people: people brought up in the tea tradition, those newly discovering it, classic writings from long-ago tea lovers and those making tea a career. Together these tales create a new image of a tea drinker. They show that tea is not simply something you drink, but it also provides quiet moments for making important decisions, a catalyst for conversation, and the energy we sometimes need to operate in our lives. The stories found in A Tea Reader cover the spectrum of life, such as the development of new friendships, beginning new careers, taking dream journeys, and essentially sharing the deep moments of life with friends and families. Whether you are a tea lover or not, here you will discover stories that speak to you and inspire you. Sit down, grab a cup, and read on.
| Author | : Dr. Babar Zamaan Mohammed |
| Publisher | : Book Rivers |
| Total Pages | : |
| Release | : 2021-06-23 |
| Genre | : Sports & Recreation |
| ISBN | : 9390548780 |
Download Decision Drivers An in-depth study of factors influencing premium car buyers Book in PDF, ePub and Kindle
Is it the appearance? The brand name? Performance? Or is it something much deeper? In this book, Dr. Babar Zamaan identifies the factors that influence prospective premium car buyers. A must read for marketing students,and professionals in the automobile industry.
| Author | : Les Coleman |
| Publisher | : Routledge |
| Total Pages | : 189 |
| Release | : 2014-08-01 |
| Genre | : Business & Economics |
| ISBN | : 1317662024 |
Download The Lunacy of Modern Finance Theory and Regulation Book in PDF, ePub and Kindle
This provocative book provides insight into a finance industry that is run for the benefit of banks and service providers who rely on Beatles-era theories and regulation which are totally unsuited to the modern world. The author has a near-unique perspective based on over 30 years of working – literally around the globe – for corporates, fund managers and as finance academic. In his last role his research has focused on investment decisions, and during 2012 he interviewed 34 fund managers in Istanbul, London, New York and Melbourne. He blends rich understanding of finance theory and practice to unravel the investment industry’s structure and show how banks and other finance institutions privilege themselves at investors’ expense. The book highlights that finance industry self-regulation is weak. Risks from inexpertise, theft, bad data and other sources are high. Regulation of the industry appears to be ineffectual with the setting of such a high bar that it is virtually impossible to successfully prosecute even the most blatant and egregious offenders. The book closes with the simple suggestion that corporations’ regulations be altered to introduce the strict liability offence of being a director or officer of a large bank that becomes bankrupt. This follows the strategy of legislation that has been effective in cleaning up the environment, making workplaces safer and reducing crime by punishing those responsible for an offence.
| Author | : Albert Matthys Hermie |
| Publisher | : |
| Total Pages | : 1048 |
| Release | : 1950 |
| Genre | : Beet leaf-hopper |
| ISBN | : |
Download Analysis of Factors Influencing Cotton Yields and Their Variability Book in PDF, ePub and Kindle
