ABSTRACT Objective: this study aims to verify if companies that practice equity market timing have higher earnings management levels around the stock issue period. Method: we used a sample of 68 seasoned offerings (SEOs) in Brazil from 2004-2015. First, ranked among (timers) behavior SEOs and those did not (non-timers). Second, estimated each company’s by Modified Jones with ROA models. Finally...

Most existing studies on forecasting exchange rates focus predicting next-period returns. In contrast, this study takes the novel approach of and trading longer-term trends (macro-cycles) rates. It proposes a unique hybrid forecast model consisting linear regression, multilayer neural network, combination models embedded with technical rules economic fundamentals to predict macro-cycles selecte...