...Wessel M. Badenhorst; Rieka von Well Purpose This paper aims to investigate the pricing of discretionary earnings in South Africa. This is a unique setting, as South African listed firms also report mandatory non-GAAP earnings (“headline earnings”). Design/methodology/approach Results...

...Der‐Fen Huang; Chao‐Lan Wang Purpose The purpose of this paper is to investigate the relationship between book‐tax differences and earnings quality for commercial banks in Taiwan. The paper focuses on the banking industry because industry‐specific accrual models of accounting discretion...

... by the US Securities and Exchange Commission. Design/methodology/approach The empirical analysis uses a logistic regression to test a sample of firms that restated earnings during the years 1996‐1999. Findings The results show significant associations between measures of the severity of earnings...

...Yenpao Chen; Chien‐Hsun Chen; Shiau‐Lan Huang Purpose This study aims to examine the earnings management behaviour of financially distressed listed companies in China for the period 2002‐2006. Design/methodology/approach The present study uses discretionary accruals to serve as a proxy...

...Kristen Anderson; Kerrie Woodhouse; Alan Ramsay; Robert Faff Purpose The purpose of this paper is to test the persistence and pricing of earnings, free cash flows (FCF) and accruals using Australian data. In response to arguments concerning omitted variables in the Mishkin test, it seeks...

...Shadi Farshadfar; Chew Ng; Mark Brimble Purpose The purpose of this paper is to examine the relative predictive ability of earnings, cash flow from operations as reported in the cash flow statement, and two traditional measures of cash flows (i.e. earnings plus depreciation and amortisation...

...H. Chan; R. Faff; Y.K. Ho; A. Ramsay Purpose The purpose of this paper is to assess management earnings forecasts in a continuous disclosure environment. Design/methodology/approach A large sample of hand checked Australian management earnings forecasts are examined. These data are analysed...