search query: @author Lee, C. / total: 50
reference: 9 / 50
« previous | next »
Author:Bao, D.
Chien, C.
Lee, C.
Title:Characteristics of earnings-leading versus price-leading firms
Journal:Review of Quantitative Finance and Accounting
1997 : VOL. 8:3, p. 229-244
Index terms:FINANCE
ACCOUNTING
EARNINGS
Language:eng
Abstract:This study attempts to identify firm characteristics that explain the disparity between the information content of accounting earnings and stock prices. Granger's causality concept was employed to classify sample firms into four groups: price-leading firms, feedback-system firms, earnings-leading firms, and no-causation firms. The feedback-system firms were either combined with the no-causation firms or eliminated entirely to form three sample groups. The entire sample groups were then divided into two classes.
SCIMA record nr: 164685
add to basket
« previous | next »
SCIMA