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Accrual Anomaly in the Brazilian Capital Market

This paper analyzes the phenomenon known as accrual anomaly in Brazil. In particular, we examine two hypotheses: (a) that the earnings expectation included in the stock price fails to reflect the difference in persistence of the earnings components (accruals and cash flows); and (b) that the constru...

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Dades bibliogràfiques
Publicat a:BAR - Brazilian Administration Review
Autors principals: César Medeiros Cupertino, Antônio Lopo Martinez, Newton Carneiro Affonso da Costa Jr.
Format: Artigo
Idioma:Inglês
Publicat: Associação Nacional de Pós-Graduação e Pesquisa em Administração 2012
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Accés en línia:https://www.redalyc.org/articulo.oa?id=84123767004
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