Credibility Attributes and Investor Perceptions of Non-GAAP Earnings Exclusions

Recent empirical evidence suggests that investors focus more on non‐GAAP (Generally Accepted Accounting Principles) than on traditional GAAP earnings because non‐GAAP earnings are believed to proxy for a firm's ongoing profitability, a measure useful for valuation. Managers determine these non‐...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Accounting perspectives 2012-12, Vol.11 (4), p.229-257
Hauptverfasser:	Entwistle, Gary M., Feltham, Glenn D., Mbagwu, Chima
Format:	Artikel
Sprache:	eng
Schlagworte:	Corporate governance Credibility crédibilité Earnings Exclusion GAAP gouvernance d'entreprise Informativeness Investors Non-GAAP earnings Perceptions Profits résultats non conformes aux PCGR Studies valeur informative
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!