Fundamental analysis, future earnings, and stock prices

Article Abstract:

An examination of current changes in financial statement data and their impact on subsequent earnings changes was conducted to find out how these accounting-based fundamental signals influence the decisions of stock market participants. Results show the validity of linking many, but not all, of these fundamental signals to future earnings changes when assessing future firm performance. Specifically, a number of the fundamental signals are associated with one-year-ahead earnings forecasts and five-year earnings growth forecasts. Moreover, since analysts are aware of the information on future earnings in these signals, they respond to it, in part, by revising their forecasts. However, analysts' forecasts do not fully impound the information about future earnings which investors perceive is contained in fundamental signals.

Research, Prices and rates, Stocks, Profits, Stock prices, Business forecasting, Corporate profits

---

Corporate disclosure practices, institutional investors and stock return volatility

Article Abstract:

The effect of a firm's disclosure practices on the composition of its institutional investor ownership and stock return volatility is studied. The study proved that firms with higher association for investment and management research disclosure rankings have greater institutional ownership but no net impact on return volatility.

Forecasts, trends, outlooks, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Reporting & Disclosure, Financial Regulation & Reporting, Market trend/market analysis, Return on investment, Rate of return, Financial disclosure

---

Accounting choice, home bias, and U.S. investment in non-U.S. firms

Article Abstract:

The relation between accounting choice and U.S. institutional investor ownership in non-U.S. firms is examined. It is found that firms exhibiting higher levels of U.S. Generally Accepted Accounting Principles (GAAP) conformity have greater levels of U.S. institutional ownership.

United States, Product standards, safety, & recalls, Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Standards, Accounting firms, Accounting services, Financial institutions

Similar abstracts:

• Abstracts: Financial reporting tax costs, and book-tax conformity. Financial reporting environments and international capital mobility
• Abstracts: Earnings and expected returns. Cash flow and investment: evidence from internal capital markets. Investment plans and stock returns
• Abstracts: Ethical structuring of advanced information technology in public accounting firms. Information systems reliability assurance: the inherent difficulty in structured analysis of dynamic processes
• Abstracts: Positive games, networking and Photo Play. Interview with Josef Ohlinger, director of the board of funworld AG and head of games development at Photo Play
• Abstracts: Showcase: DED releases Micronics' TUP900 Series. Cummins opens new UK premises

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.