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Keywords: predictive value
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Journal Articles
Accounting Horizons (2017) 31 (4): 1–12.
Published: 01 December 2017
... likely changes in firms' highly uncertain accounting estimates and allow firms to communicate with users about accounting measurement uncertainty. Using a sample of S&P 500 firms, I find that the predictive value of earnings with respect to future cash flows is negatively associated with the presence...