... requires different skills and physical attributes. This paper analyzes how professional golfers leverage these diverse shot types to achieve wins and maximize their earnings. Design/methodology/approach This paper explores shot type consistency, demonstrating the superior consistency of the long game...

... on three core areas of investment analysis: GARP; technical analysis and business model assessment. For GARP, a company’s forecasted growth in sales is the main factor, with earnings per share (EPS) growth a distant second. Though investors often mention a company’s bottom-line EPS growth, the argument...

...Kenneth Yung; Qian Sun; Hamid Rahman Purpose The purpose of this paper is to investigate the role of acquirer's earnings quality on the choice of payment method in mergers and acquisitions (M&A). Design/methodology/approach The paper applies a simultaneous equations model to address...

...Wen‐Ben Yang; Junming Hsu; Tung‐Hsiao Yang Purpose The purpose of this paper is to investigate the interaction between earnings management and institutional shareholdings of firms conducting seasoned equity offerings (SEOs). Design/methodology/approach The authors work on three issues: first...

...Anh Duc Ngo; Oscar Varela Purpose The purpose of this paper is to examine the impact of earnings smoothing on the underpricing of seasoned equity offerings (SEOs). It aims to investigate whether earnings smoothing can add value to firms by reducing the degree of SEO underpricing. Design...

...‐of‐mouth” communication effects, and ability to exploit local news. The purpose of this paper is to investigate the value‐relevance of local news, specifically earnings announcement surprises, in the context of the well‐documented local bias in investors' portfolios. Design/methodology/approach Using...

...George P. Artikis; Leonidas C. Doukakis Purpose This paper seeks to examine the persistence of earnings and earnings components after the adoption of International Financial Reporting Standards (IFRS). Design/methodology/approach The study analyses two years before and two years after...

...Susana Yu; Richard Lord; Emilia Peni; Sami Vähämaa Purpose The purpose of this paper is to examine the association between earnings management and the gender of the firm's executives. Design/methodology/approach Panel regressions of discretionary accruals on a set of female executive dummies...

...Maretno Harjoto; Janis Zaima; Jian Zhang Purpose The purpose of this paper is to investigate the size effect of market reaction to unexpected earnings based on whispers or unofficial individual earnings forecasts. Design/methodology/approach Using both univariate and multiple regression...

... managerial quality is unobservable to shareholders, and therefore first‐best contracts are not possible. In the second‐best world, compensation contracts motivate high quality managers to retain and invest firm earnings, while low quality managers are motivated to distribute income to shareholders...

... believe “that the degree of uncertainty associated with the earnings forecasts impacts the degree to which boards hold CEOs accountable for firm performance expectations in the CEO turnover decisions” (p. 169). That is, if a forecast is considered to be relatively unrealistic it will not have as great...

...Nina T. Dorata; Charles A. Barragato; Ariel Markelevich Purpose The paper aims to examine earnings quality during the post‐acquisition period. Design/methodology/approach The paper defines earnings quality as an earnings stream more closely associated with future cash flows from operations...

... function and clean surplus relation to derive the relation. Findings The analytical results suggest that determinants of systematic risk include earnings, sales growth, book value, dividend, degree of operating leverage (DOL), degree of financial leverage (DFL), market return, and risk‐free return...

...George P. Artikis; Afroditi Papadaki; Georgia Siougle Purpose This paper seeks to deal with the problem of the anomalous negative price‐earnings relation for firms listed in the Athens Stock Exchange (ASE). Design/methodology/approach The simple earnings capitalization model is employed...

...Ching‐Hai Jiang; Hsiang‐Lan Chen; Yen‐Sheng Huang Purpose The purpose of this paper is to examine the relationship between capital expenditures and corporate earnings for 357 manufacturing firms listed on the Taiwan Stock Exchange over the sample period 1992‐2002. Design/methodology/approach...