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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Format: | Others |
Language: | en |
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LSU
2006
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Online Access: | http://etd.lsu.edu/docs/available/etd-05232006-153150/ |