Earnings-based and accrual-based market anomalies: one effect or two?
This paper investigates whether the accrual pricing anomaly documented by Sloan (1996. The Accounting Review 71(3), 289–316) for annual data holds for quarterly data and whether this form of market mispricing is distinct from the post-earnings announcement drift anomaly. We find that the market appe...
Saved in:
Published in | Journal of accounting & economics Vol. 29; no. 1; pp. 101 - 123 |
---|---|
Main Authors | , |
Format | Journal Article |
Language | English |
Published |
Amsterdam
Elsevier B.V
01.02.2000
Elsevier Elsevier Sequoia S.A |
Series | Journal of Accounting and Economics |
Subjects | |
Online Access | Get full text |
Cover
Loading…
Be the first to leave a comment!