Purpose – The purpose of this paper is to add to our understanding of the monitoring role of multiple large shareholders by examining their impact on the informativeness of firms’ earnings. Design/methodology/approach – We use regression models that relate earnings to stock returns for a sample of 402 French publicly traded firms covered during 2003-2007. Findings – We show that earnings inform...

This paper presents a detailed accounting of the sources of African-American economic progress in the labor market over the twentieth century. We examine the received literature and demonstrate the sensitivity of conclusions stated in it to choices of samples used to measure wages and to specifications of earnings functions. We present a quantitative assessment of the contributions of migration...

To date detailed analyses of geographical variations in earnings and incomes in Great Britain have been frustrated by a lack of spatially disaggregated data. The author reviews the scope, strengths, and weaknesses of available data sources and outlines some of the methodologies used to generate estimates of earnings and incomes at the local level. An overview is provided of the main regional an...

this paper takes fundamental analysis research beyond the spatial and temporal bounds of previous studies. it was investigated that how detailed financial statement data enter the decisions of market makers by examining how current changes in the fundamental signals chosen can provide information on subsequent earnings changes. using tehran stock exchange’s firms data from 2003 to 2012, the rol...

Russia provides an interesting context for studying the labor market experiences of the elderly because of its experience with market transition, its looming growth in the elderly dependency ratio, and its unusual pension policies that do not penalize pensioners for working. We use data from twenty surveys of the Russian population conducted from February 1991 to November 2007 to analyze the la...

The interaction between the various departments of a full-service brokerage firm can have positive effects. An asset management department operates the firm’s mutual funds and has a need for high-quality information. Thus, the firm’s sell-side analysts in the research department are motivated to gather information about particular securities and to use the asset management department as an addi...