연세대학교 경영연구소

Lee, Ho Young.  Are earnings announced early of higher quality?  ACCOUNTING AND FINANCE  55  : 187~212

발표년도: 2015  |  분야: 회계

This study examines whether the timing of annual earnings announcements is related to how promptly earnings incorporate value-relevant information (timeliness in recognition), the extent to which earnings are managed (income smoothing) and the extent to which earnings are realized into operating cash ?ow (accruals quality). Based on Trueman (1990), we hypothesize that early announcers will have higher quality earnings. Our results, however, do not support these hypotheses. We ?nd, instead, that late announcers have higher quality earnings and that earnings of late announcers recognize bad news on a more timelier basis than do earnings of early announcers.

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  이전글 Dongyoub Shin, 김영규.  한국의 거시조직 및 전략경영 연구 현황: 한국형 거시조직 및 전략경영 이론 개발을 위한 선행 연구  인사조직연구

  다음글 Lee, Ho Young.  Do industry specialist auditors add value in mergers and acquisitions?  Journal of Applied Business Research