Similar Search Results

The influence of buy-side analysts on mutual fund trading

Frey, Stefan; Herbst, Patrick - 2010

We present evidence of the impact of buy-side analysts on the behavior and performance of fund managers. Using data …. Our results show that buy-side analysts have a significant influence on trading decisions: Fund managers almost certainly …

Persistent link: https://www.econbiz.de/10010302544

What drives the Quotes of Earnings Forecasters?

de Bruijn, Bert; Franses, Philip Hans - 2012

Earnings forecasts can be useful for investment decisions. Research on earnings forecasts has focused on forecast … determine the value of the forecast and also investigate to what extent the timing of the forecast can be modeled. We propose a … clear drivers of the value and the timing of the earnings forecast. We thus show that not only the forecasts themselves are …

Persistent link: https://www.econbiz.de/10010326351

Task Difficulty, Performance Measure Characteristics, and the Trade-Off between Insurance and Well-Allocated Effort

Schnedler, Wendelin - 2006

When designing incentives for a manager, the trade-off between insurance and a "good" allocation of effort across … the performance measure and its similarity (congruity, congruence) to the benefit of the manager’s employer. A necessary …

Persistent link: https://www.econbiz.de/10011422137

Task difficulty, performance measure characteristics, and the trade-off between insurance and well-allocated effort

Schnedler, Wendelin - 2006

When designing incentives for a manager, the trade-off between insurance and a good allocation of effort across various …

Persistent link: https://www.econbiz.de/10010268002

Institutional Investors and the Information Content of Earnings Announcements: The Case of Poland

Tavakkol, Amir; Korczak, Piotr - 2005

This paper investigates the relationship between market reaction to earnings surprises and institutional concentration in the firm's shareholders base. We use data from the Polish stock market where pension funds form a homogenous and highly competitive investor class with an increasing share in...

Persistent link: https://www.econbiz.de/10010296347

A comparative analysis of inflation-adjusted and historical cost accounting information: Implications for the value relevance of corporate reports

Ebiaghan, Orits Frank - In: Trends Economics and Management 13 (2019) 33, pp. 35-50

Purpose of the article: This study investigates the effect of historical cost accounting on the reported profit of a …, the effect of historical cost accounting on the reported profit of a company during period of inflation. Findings: The … study revealed that both historical cost and current cost accounting have significant effect on reported profit, as an …

Persistent link: https://www.econbiz.de/10015186071

Vertical Integration and Valuation of International Oil Companies

Misund, Bård; Osmundsen, Petter; Sikveland, Marius - 2014

This paper studies financial statement information from the 50 largest international oil and gas companies during 1992 to 2011 and evaluates their relation to market values. In particular, we examine how this relationship is affected by accounting method choice (successful efforts versus full...

Persistent link: https://www.econbiz.de/10010435746

Financial Characteristics of High Performance Companies in Turkey: A Comparative Analysis of Stable Economy in the Financial Crisis Era

Turel, Ahmet; Turel, Asli; Needles, Belverd E. - In: Journal of Accounting and Management Information … 11 (2012) 1, pp. 4-26

Previous research studied characteristics of high performance companies (HPCs) in mature economies (United States, Europe, and Australia) and in an Asian emerging economy (India). This study of HPCs in the developing economy investigates Turkish companies that are listed in the Istanbul Stock...

Persistent link: https://www.econbiz.de/10015195838

Green Business: A Brief Financial Profile of the Romanian Eco-Industry

Circa, Cristina; Almasan, Alina - In: Journal of Accounting and Management Information … 14 (2015) 1, pp. 5-35

The objective of the paper is to outline an overview of the financial position and performance of the national eco-industry, based on a financial statements analysis performed on a significant sample of companies. The research focused on the most representative Romanian eco-industrial sectors,...

Persistent link: https://www.econbiz.de/10015196108

Sustainability bonds: An international event study

Mocanu, Mihaela; Constantin, Laura-Gabriela; … - In: Journal of Business Economics and Management (JBEM) 22 (2021) 6, pp. 1551-1576

Sustainability bonds enable capital-raising and investment for those projects that have both a positive impact on the environment and a positive social outcome. This study examines the stock market reaction to the announcement of sustainability bonds issuance. The present research is designed as...

Persistent link: https://www.econbiz.de/10015401595