Schreder, Max; Bilinski, Pawel - In: Accounting Research Journal 35 (2021) 2, pp. 219-237
Purpose: This study aims to evaluate the earnings forecasting models of Hou et al. (J Account Econ, 53:504–526, 2012) and Li and Mohanram (Rev Account Stud, 19:1152–1185, 2014) in terms of bias and accuracy and validity of the implied cost of capital (ICC) estimates for a sample of initial...
