Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/8357
Title: Increasing earnings firms and their characteristics : evidence from the Taiwan stock market
Authors: Bao, BH
Bao, DH
Issue Date: 2002
Publisher: Elsevier
Source: Advances in international accounting, 2002, v. 15, p. 45-64 How to cite?
Journal: Advances in international accounting 
Abstract: Barth et al. (1999) show that increasing earnings firms in the U.S. have higher price-earnings multiple. This study investigates the applicability of their results to Taiwan's stock market, which has different institutional and investor characteristics. Results consistently show that earnings of increasing earnings firms have higher persistence than those of other firms. Forward stepwise discriminant analysis is also performed to examine the differences in firm characteristics. Increasing earnings firms tend to have higher market value of equity to book value of debt, and sales to total assets ratios.
URI: http://hdl.handle.net/10397/8357
ISSN: 0897-3660
DOI: 10.1016/S0897-3660(02)15018-5
Appears in Collections:Journal/Magazine Article

Access
View full-text via PolyU eLinks SFX Query
Show full item record

Page view(s)

34
Last Week
4
Last month
Checked on Aug 21, 2017

Google ScholarTM

Check

Altmetric



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.