Researchers have used various measures as indications of “earnings quality” including
persistence, accruals, smoothness, timeliness, loss avoidance, investor responsiveness …

The corporate information environment develops endogenously as a consequence of
information asymmetries and agency problems between investors, entrepreneurs, and …

There is a wide-spread and growing dissatisfaction with the relevance and usefulness of
financial report information, particularly among investors and corporate executives. The …

We address how value relevance of accounting information evolved as the new economy
developed. Prior research concludes that accounting information—primarily earnings—has …

Using micro data from Duke University quarterly survey of Chief Financial Officers, we show
that corporate investment plans as well as actual investment are well explained by CFOs' …

This paper models firms' choices between alternative means of presenting information, and
the effects of different presentations on market prices when investors have limited attention …

I describe a model of earnings and earnings growth and I demonstrate how this model may
be used to obtain estimates of the expected rate of return on equity capital. These estimates …

The number of firms reporting earnings on a non‐GAAP basis has increased dramatically
over the last decade, and non‐GAAP reporting is now commonplace in capital markets. This …

Financial analysts are in the business of processing and interpreting information.
Understanding the quality of earnings is an essential part of this procedure. A high-quality …

Historically, bubbles are followed by crashes, which in turn are followed by punitive
legislation. The 1999–2003 era is fully consistent with this pattern….(Coffee, 2003a, p. 46) …