Accrual Reversals, Earnings and Stock Returns

By Eric J. Allen, Chad R. Larson, Richard G. Sloan. 2013

216 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/e40c4e85623362405e99b335e25c50530e9ff038

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. B. Korcan Ak
2. Panos N. Patatoukas
3. Brossa Wong
4. C. Man
5. Yoon Hee Kim

In Strategy and Management

1. Panos N. Patatoukas
2. Brossa Wong
3. B. Korcan Ak
4. C. Man

Citations in the corpus

• SEC Comment Letters and Insider Sales (2016, unknown): “Information on Working-Capital Accruals is obtained from Compustat and is calculated as in Sloan (1996) and Allen et al. (2013) as: (((∆Current Assets (ACT) - ∆Cash”
• Customer‐Base Concentration and Inventory Efficiencies: Evidence from the Manufacturing Sector (2016, background): “Inventory write-downs under U.S. GAAP represent a common way in which prior inventory accrual estimation errors are reversed (e.g., Allen et al. 2013) and can offer insights into a firm’s propensity to end up with excess inventory without reference to a model for the optimal level of inventory…”
• CEO Tenure and Earnings Management (2015, unknown): “To further validate that the observed higher discretionary accruals in the early years of CEOs’ service represent earnings overstatement, we examine whether these accruals reverse (Dechow et al., 2012; Allen et al., 2012).”
• Corporate Governance and Earnings Management: A Survey of Literature (2013, background): “Independent variables include variables to estimate the earnings management reversal with determinants of nondiscretionary accruals and also dropping depreciation variable, as it is related to long-term capital expenditure rather than working capital (Allen, Larson, and Sloan, 2010).”