Download the fantastic book titled Capital Market Implications of Earnings Quality written by Bianca Ahrens, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Capital Market Implications of Earnings Quality", which was released on 14 May 2024. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of Capital Market Implications of Earnings Quality by Bianca Ahrens PDF
In his speech from 1998 the former chairman of the United States Securities and Exchange Commission (SEC) Arthur Levitt pointed out that trust "is the bedrock of our capital markets" and that this must not be shaken by the erosion of earnings quality. He made clear that it is the challenge of the whole financial community to counteract such a development. This thesis deals with the question whether the importance of earnings for the capital market varies with its quality. The question arises, because in recent years a large number of firm scandals has shaken the trust in the reliability of reported earnings. In order to properly address the research questions, the literature on earnings quality definitions, quality measures as well as implications of earnings quality on capital markets is reviewed and critically discussed. The author investigates whether well known results concerning capital market implications of earnings quality remain stable for all measures considered. She answers the question of how earnings quality affects firm value, cost of equity capital, and the accuracy of analysts' forecasts taking into account the effects of determinants of earnings quality.
Detail About Capital Market Implications of Earnings Quality PDF
- Author : Bianca Ahrens
- Publisher : BoD – Books on Demand
- Genre : Business & Economics
- Total Pages : 282 pages
- ISBN : 3899369211
- Release Date : 14 May 2024
- PDF File Size : 33,8 Mb
- Language : English
- Rating : 4/5 from 21 reviews
Clicking on the GET BOOK button will initiate the downloading process of Capital Market Implications of Earnings Quality by Bianca Ahrens. This book is available in ePub and PDF format with a single click unlimited downloads.
