- Research Article
5
- 10.2139/ssrn.3300976
Optimized Fundamental Portfolios
- Dec 27, 2018
- SSRN Electronic Journal
- Matthew R Lyle + 1 more +1
Publications from 2021 to 2026
Showing 6 of 6 papers
Optimized Fundamental Portfolios
The Timing of Earnings Announcements and Volatility
The Misrepresentation of Earnings
The authors conducted a survey of nearly 400 chief financial officers on the definition and drivers of earnings quality, with an emphasis on the prevalence and detection of earnings misrepresentation. The respondents believe that the hallmarks of earnings quality are sustainability, absence of one-time items, and backing by actual cash flows. However, they also believe that in any given period, a remarkable 20% of companies intentionally distort earnings, even while adhering to GAAP. The magnitude of the misrepresentation is large: 10% of reported earnings.
Read moreThe Term Structure of Implied Costs of Equity Capital
An Empirical Examination of Goals and Performance-to-Goal Following the Introduction of an Incentive Bonus Plan with Participative Goal-setting
Risk Management in Strategic Alliances: Field Evidence