Do Accruals Exacerbate Information Asymmetry in the Market?

A considerable body of evidence, both archival and experimental, suggests that accounting accruals are heterogeneously interpreted by investors. In this study, I examine whether the information asymmetry among investors arising from this heterogeneous interpretation, implied in these empirical resul...

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Bibliographic Details
Main Author: Wasan, Sonia
Other Authors: Jim Richardson
Format: Others
Language:en
Published: LSU 2006
Subjects:
Online Access:http://etd.lsu.edu/docs/available/etd-05232006-153150/