Mispricing of earnings components: empirical evidence from China.
This study investigates whether earnings components are correctly priced by the Chinese investors. Under the Chinese GAAP, total earnings can be easily decomposed into core earnings and non-core earnings. Core earnings are more persistent than non-core earnings and cash flows from operations are mor...
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Format: | Others |
Language: | English Chinese |
Published: |
2003
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Online Access: | http://library.cuhk.edu.hk/record=b6073939 http://repository.lib.cuhk.edu.hk/en/item/cuhk-343286 |