Accruals, Investment, and the Accrual Anomaly
By X. F. Zhang. 2007
221 citations recorded by the source corpus.
Subfields: Accounting, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/65ce58366e700c3c7fb8898c53fea9f283816eb6
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Weili Ge
- Catherine Schrand
- Patricia M. Dechow
- Richard G. Sloan
- Guojin Gong
- Shivaram Rajgopal
- Laura Yue Li
- Hong Xie
In Strategy and Management
- Weili Ge
- Patricia M. Dechow
- Catherine Schrand
- Richard G. Sloan
- Hong Xie
- Laura Yue Li
- Guojin Gong
- Judson Caskey
Citations in the corpus
- Understanding Earnings Quality: A Review of the Proxies, Their Determinants and Their Consequences (2010, background): “Zhang (2007) is another example of research that attempts to differentiate the effects of growth in X from the accruals that measure it.”
- Asset Growth and the Cross-Section of Stock Returns (2008, unknown): “…other recently documented growth rate-related determinants of the cross-section such as accruals (Sloan (1996), Hirshleifer et al. (2004), and Zhang (2006)), capital investment (Titman, Wei, and Xie (2004) and Anderson and Garcia-Feijoo (2006)), and growth rates in sales (Lakonishok,…”
- Accrual Reversals, Earnings and Stock Returns (2013, background): “In particular Fairfield et al. (2003), Zhang (2007) and Wu et al. (2010) attribute the accrual anomaly to growth in investment.”
- CEO Tenure and Earnings Management (2015, unknown): “Following Zhang (2007), we also repeat our analyses after including as control variables not only the current period's growth, but the previous period's growth and the next period's growth as well.”
- Information in Equity Markets with Ambiguity-Averse Investors (2009, background): “Part (a) of Proposition 2 suggests that markets in which investors only have access to aggregate information may yield greater participation of ambiguityaverse investors than otherwise predicted by Cao, Wang, and Zhang (2005); and”
- The Association Between Management Earnings Forecast Errors and Accruals (2009, methodology): “We use growth in the number of employees to capture managers’ projections about firms’ business prospects (Zhang 2007). Employee growth reflects managers’ growth expectations as revealed through human capital investment decisions, and is free of any biases in the financial reporting system. Similar ”