haku: @indexterm CAPITAL STRUCTURE OF COMPANIES / yhteensä: 353
viite: 160 / 353
| Tekijä: | Millar, J. A. Nunthirapakorn, T. |
| Otsikko: | Earnings per share reporting for Canadian companies with complex capital structures |
| Lehti: | Journal of Business Finance and Accounting
1991 : JAN, VOL. 18:1, p. 109-116 |
| Asiasana: | EARNINGS PER SHARE CANADA COMPANIES CAPITAL STRUCTURE OF COMPANIES |
| Kieli: | eng |
| Tiivistelmä: | Earnings per share reporting requirements for Canadian firms with complex capital structures result in a dual presentation of basic and fully diluted earnings per share. The fully diluted presentation reflects the accountant's professional judgement in determining materiality of dilution and the reinvestment rate of cash proceeds from exercises of variants, rights and options. It is examined, whether these earnings data are useful in the sense of explaining common stock returns. A sample of Canadian firms reporting fully diluted earnings per share was selected and a repeated measures design was used by adopting cross sectional simple correlations of common stock returns on various definitions of earnings per share. |
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