Past empirical research indicates that, in an increasing number of countries, certain
accounting parameters affect the course of stock prices. Moreover, that this effect becomes …

Purpose–The purpose of this paper is to investigate the incremental value relevance of cash
flow from operations (CFO) given book value and earnings. It also examines the relative …

Audit quality is a strong external monitoring mechanism to protect the interest of the owners
according to agency theory. The auditor choice research has paid more attention to the audit …

Many studies evaluate the impact of accounting information on price. This study, based on
Collins, Maydew, and Weiss (1997), examines the disparity in the impact of book value and …

This paper empirically examines the relative and incremental information content of
earnings and cash flows and the role of firm-specific contextual factors in moderating …

Via propensity score matching (PSM) and Rosenbaum Bounds (RB), this paper reports new
evidence on the premiums charged by big 4 and the top 4 mid‐tier (mid 4) auditors relative …

Despite being an important tool in understanding organisations, most of the life cycle
literature is conceptually rather than empirically developed. While a comparison among the …

We use the unique capital market structure that Brazil established in 2000 to investigate how
different governance listing segments impact the relative and incremental information …

Purpose–The expected rate of return for individual firms is determined by multiple firm‐
specific factors. There is no evidence on how firm life cycle contributes to the determination …

Achieving corporate sustainability requires the implementation of management practices
that create long-term shareholder value by embracing opportunities and managing risks …