...Shihui Fan; Yan Zhou Purpose This study aims to investigate the impact of earnings predictability and truthfulness on nonprofessional investors’ investment willingness. Design/methodology/approach Earnings predictability is captured by quarterly earnings autocorrelation, and earnings...

... persistence Earnings quality Emerging economy Accounting quality Georgia Earnings predictability The results show that reported financial information is of less use for valuation purposes. The results witness that earnings are lowly (below 25%) persistent and predictable. Additional analysis shows...