Abnormal Accrual Estimates and Evidence of Mispricing

Material TypeArticleLanguageEnglish
TitleAbnormal Accrual Estimates and Evidence of Mispricing Author(S)C.S. Agnes Cheng (Author)
Abstract  To estimate abnormal accruals, prior research employs a wide variety of models and estimation procedures. We evaluate the performance of three representative models – modified Jones model (MJ), MJ with operating cash flows (MJOCF), and MJ with return on assets (MJROA) – and two estimation procedures – industry-specific and firm-specific regressions ...Paginationp1–34
SubjectEconomicsDescriptorsEconomics
Journal TitleJournal of Business Finance & Accounting  
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