Corporate life cycle and the accrual model: An empirical study based on Chinese listed companies

Frontiers of Business Research in China - Tập 4 - Trang 580-607 - 2010
Xudong Chen1, Wendong Yang1, Dengshi Huang2
1School of Accounting, Southwestern University of Finance and Economics, Chengdu, China
2School of Economic and Management, Southwest Jiaotong University, Chengdu, China

Tóm tắt

Based on data from China’s listed companies from 1998 to 2005, this paper investigates whether the incorporation of corporate life cycle variables into the accrual model improves the model’s explanatory power. Results of the empirical study show that the inclusion of corporate life cycle variables reduces the likelihood of both type I and II errors, and it also significantly improves the explanatory power of the accrual model.

Tài liệu tham khảo

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