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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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書目詳細資料
發表在:BAR - Brazilian Administration Review
Main Authors: César Medeiros Cupertino, Antônio Lopo Martinez, Newton Carneiro Affonso da Costa Jr.
格式: Artigo
語言:Inglês
出版: Associação Nacional de Pós-Graduação e Pesquisa em Administração 2012
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在線閱讀:https://www.redalyc.org/articulo.oa?id=84123767004
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