Courteau, Lucie; Kao, Jennifer L.; Tian, Yao - Facoltà di Economia / Wirtschaftswissenschaftliche … - 2013
This study examines empirically how the presence of accrual management may affect firm valuation. We compare the performance of earnings-based and non-earnings-based valuation models, represented by Residual Income Model (RIM) and Discounted Cash Flow (DCF), respectively, based on the absolute...