Courteau, Lucie; Kao, Jennifer L.; Tian, Yao - Facoltà di Economia / Wirtschaftswissenschaftliche … - 2013
This study examines empirically how the presence of accrual management may affect firm valuation. We compare the …: “Suspect” firms that are likely to have engaged in accrual management and “Normal” firms matched on industry, year and size …. Results indicate that RIM enjoys an accuracy advantage over DCF when accrual management is not a serious concern. However, the …