... across 41 windows with five years (i.e. 20 observations) in each window. This paper measure earnings persistence as the slope coefficient (ß1) from regressing future earnings on current earnings. The result remains qualitatively similar to the main findings when alternative measures of earnings...

... to investigate the effects of time-varying earnings persistence on earnings momentum and their pricing effects. Design/methodology/approach This study exploits a firm that reports earnings momentum as research setting to examine whether earnings persistence is significantly higher for firms with consecutive...

... examines how share pledging by controlling shareholders affects earnings informativeness, measured by earnings persistence and earnings response coefficients. Findings This paper finds that share pledging by controlling shareholders makes earnings less informative. The adverse impacts are more...

... Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only Earnings persistence Underreaction Management earnings forecasts Past earnings changes G14 M41 It has been widely documented that investors and analysts underreact to information in past earnings...