Research on accounting accruals is pervasive. Yet the measurement and modeling of
accruals has developed in an ad hoc manner, resulting in a fragmented and incomplete …

This paper employs the firm life‐cycle concept to extend our understanding of the mispricing
of accrual and cash flow information by the stock market. We find that accruals and free cash …

Abstract International Financial Reporting Standards (IFRS) allow managers flexibility in
classifying interest paid, interest received, and dividends received within operating …

The relationship between (a) private and public equity market valuations and (b) financial
statement information is examined for a sample of 502 venture capital backed companies …

Our model, which is adapted from Feltham and Ohlson (Contemp Account Res 11: 689–731,
1995) and Ohlson (Contemp Account Res 11: 661–687, 1995) and extends Dechow and …

This study examines whether European investment analysts prefer cash flow based
valuation models over accrual based models, how accurate valuation models are and …

Purpose: The current study aims to investigate the relationship between audit quality and the
share price in Jordan as a developing market. Moreover, it also uses the role of earnings …

Although the budget deficit and the public debt feature prominently in political debate and
economic research, there is no agreement about how they should be measured. They can …

The objective of this paper is to examine the value relevance of financial reporting from a
developing country perspective after the adoption of the full set of IFRS. The study utilizes …

In an efficient capital market, asset prices vary when investors change their expectations
about cash flows, discount rates, or both. Using dividends to measure cash flows, previous …