...Mengyao Cheng Purpose This study aims to examine whether accounting comparability between two firms, as measured by De Franco et al. (2011), reflects closeness in the amounts of cash flows and accruals between the firms. Design/methodology/approach Using 278,452 pair-year observations...

...Hong Kim Duong; Michael Schuldt; Giorgio Gotti Purpose The purpose of this paper is to investigate the impact of investor sentiment on timely loss recognition by examining a sample of firms for the period 1988-2015. Design/methodology/approach The authors use the accruals-based model of Ball...

... This article originally appeared in Volume 11 Number 3, 2012, Review of Accounting and Finance Outstanding reviewer Dr Stoyu Ivanov Accruals Analysts’ forecasts Earnings Earnings management Financial flexibility Financial markets Flexibility Stock markets...

...Hiu Lam Choy Purpose The purpose of this paper is to propose a new measure of earnings management flexibility based on the limits of the allowable set of accruals, prior discretionary accruals used, and the reversal rate of these accruals. Design/methodology/approach Quarterly financial data...

.... The efficient capital market hypothesis posits that changes in reported earnings without cash flow implications should not affect stock prices. However, our regression results indicate that non‐current accruals have strong relationships with the stock returns even though they lack cash flow implications...