سه شنبه 25 اردیبهشت 1403
| عنوان مقاله | |
| عنوان مقاله |
The effect of cash flow forecasts on accrual quality and benchmark beating |
| عنوان فارسی مقاله | تأثیر پیش بینی جریان نقدی بر کیفیت تعهدی و ضرب و شتم معیار |
| مشخصات مقاله انگلیسی | |
| نشریه: Elsevier |
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| سال انتشار |
2011 |
| عنوان مجله |
Journal of Accounting and Economics |
| تعداد صفحات مقاله انگلیسی | 21 |
| رفرنس | دارد |
| تعداد رفرنس | 51 |
| چکیده مقاله | |
| چکیده |
When analysts provide forecasts of both earnings and operating cash flow, they also implicitly provide a forecast of total operating accruals. We posit that this increases the transparency and the expected costs of accrual manipulations used to manage earnings. As a consequence, we predict and find that accrual quality improves and firms’ propensity to meet or beat earnings benchmarks declines following the provision of cash flow forecasts. We also predict and find that firms turn to other benchmark-beating mechanisms, such as real activities manipulation and earnings guidance in response to the provision of cash flow forecasts. |
| کلمات کلیدی |
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| دانلود | |
