Income Smoothing, Information Uncertainty, Stock Returns, and Cost of Equity

Income Smoothing, Information Uncertainty, Stock Returns, and Cost of Equity

This dissertation examines the effect of income smoothing on information uncertainty, stock returns, and cost of equity. Following existing literature, I construct two income smoothing measures - capturing income smoothing through both total accruals and discretionary accruals. I show that income sm...

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Bibliographic Details
Main Author: Chen, Linda H.
Other Authors: Dhaliwal, Dan S.
Language:EN
Published: The University of Arizona. 2009
Subjects:
Earnings announcement returns
Implied cost of equity
Income smoothing
Information uncertainty
Online Access:http://hdl.handle.net/10150/195458

Internet

http://hdl.handle.net/10150/195458

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