How do accounting variables explain stock price movements? Theory and evidence

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Completion Time Structures of Stock Price Movements∗

This paper proposes to model movements in more than a century of daily US stock prices as the outcome of a multi-state marked point process and studies the time it takes for stock prices to complete an up or a down move of a certain size. We present a new econometric specification for a class of dynamic models that account for autoregressive conditional duration effects. We also present a metho...

متن کامل

Do stock fundamentals explain idiosyncratic volatility? Evidence for Australian stock market

This study examines the relationships between stock fundamental ratios and idiosyncratic volatility from 1993 to 2010 for Australian Securities Exchange listed companies. The portfolio analysis results show that high idiosyncratic volatility companies tend to be small (measured by size), highly leveraged (measured by interest cover ratio), low profitability (measured by return on equity and ear...

متن کامل

price theory

چکیده ندارد.

15 صفحه اول

Chinese Reverse Mergers: Accounting Fraud and Stock Price Collapse

Investing in stock is a risky business. However, Chinese reverse mergers (CRM) have introduced a new level of risk. Research has shown that many Chinese reverse merger companies have used the process as a way to gain access to U.S. markets without having their financial statements inspected. Many Chinese companies are corrupted by fraudulent accounting practices and have taken advantage of the ...

متن کامل

O16: How Do Concepts of Evolutionary Psychology and Evolutionary Psychiatry Explain Anxiety Disorders?

Our ancestors without fear, worry and anxiety are not our ancestors, as organisms without defense systems were extinct. Therefore, while behavior such as fear and anxiety are useful to prevent harm, the exaggerated form, that is, anxiety disorders, has more costs than benefits. Likewise, while a panic attack is a normal and useful response in the face of life-threatening danger, a panic disorde...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Journal of Accounting and Economics

سال: 2007

ISSN: 0165-4101

DOI: 10.1016/j.jacceco.2007.01.001