Nội dung được dịch bởi AI, chỉ mang tính chất tham khảo
Mối quan hệ giữa việc làm mượt thu nhập báo cáo và lợi nhuận điều chỉnh theo rủi ro
Tóm tắt
Bài báo này sử dụng lợi nhuận điều chỉnh theo rủi ro cho các công ty trong chỉ số S&P 500 để kiểm tra xem phản ứng của thị trường chứng khoán đối với các chỉ số hiệu suất kế toán có liên quan đến độ mượt của thu nhập báo cáo của các công ty hay không. Ba mô hình thu nhập, tăng dần theo mức độ mượt, được sử dụng để kiểm tra các giả thuyết bằng cách sử dụng lợi nhuận bất thường trung bình tích lũy. Kết quả chỉ ra rằng các công ty báo cáo thu nhập mượt mà có lợi nhuận bất thường trung bình tích lũy cao hơn đáng kể so với các công ty không làm như vậy. Khi xem xét kích thước, lợi nhuận trên thị trường cao hơn đối với các công ty nhỏ hơn so với các công ty lớn. Cũng có một mối quan hệ đáng kể giữa loại hình ngành và việc làm mượt thu nhập.
Từ khóa
#thu nhập mượt #lợi nhuận điều chỉnh theo rủi ro #S&P 500 #lợi nhuận bất thường #sự phản ứng của thị trường chứng khoánTài liệu tham khảo
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