Zobrazeno 1 - 10
of 12
pro vyhledávání: '"Robert J. Resutek"'
Autor:
Robert J. Resutek
Publikováno v:
Contemporary Accounting Research. 39:721-749
I propose an explanation for the positive relation between R&D, future earnings, and future stock returns based on the fixed-cost qualities of R&D. If R&D is relatively fixed over short horizons, demand shocks realized by some R&D firms will push the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c1593532046e37f062cf51e056ab6d6a
https://doi.org/10.1111/1911-3846.12740
https://doi.org/10.1111/1911-3846.12740
Publikováno v:
The Accounting Review. 97:245-273
We investigate the impact of the mixed attribute GAAP measurement model on accrual quality inferences. GAAP rules vary from an income statement “matching” focus to a balance sheet “fair-value” focus. Accrual properties are also affected by th
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2c3a92036d36db875126fb03cae28a4e
https://doi.org/10.2308/tar-2019-0200
https://doi.org/10.2308/tar-2019-0200
Autor:
Robert J. Resutek, Jonathan Lewellen
Publikováno v:
Journal of Accounting and Economics. 67:336-356
Higher accruals are associated with lower subsequent earnings. We show this phenomenon can be explained by the way sales, profits, and working capital respond to changes in a firm's product markets. Empirically, high accruals predict high subsequent
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f3bb36e70253369b47ae98736cbce475
https://doi.org/10.1016/j.jacceco.2018.12.003
https://doi.org/10.1016/j.jacceco.2018.12.003
Autor:
Robert J. Resutek, Chad R. Larson
Publikováno v:
Journal of Business Finance & Accounting.
We jointly test the effects of two types of investor uncertainty, one related to future firm performance and unrelated to accruals (cash flow uncertainty) and one directly related to accrual estimation errors (accounting quality uncertainty). Distinc
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2f4b1becc296281895bf9d10634eda98
https://doi.org/10.1111/jbfa.12283
https://doi.org/10.1111/jbfa.12283
Autor:
Robert J. Resutek, Jonathan Lewellen
Publikováno v:
SSRN Electronic Journal.
Higher accruals are associated with lower subsequent earnings. We show this phenomenon can be explained by the way sales, profits, and working capital respond to changes in a firm's product markets. Empirically, high accruals predict high subsequent
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::fca65c0f53e0f6e1efb5c5f1fbfbc5f1
https://doi.org/10.2139/ssrn.2969263
https://doi.org/10.2139/ssrn.2969263
Autor:
Robert J. Resutek, Dain C. Donelson
Publikováno v:
Review of Accounting Studies. 17:848-876
Prior studies attribute the future excess returns of research and development activity (R&D) firms to either compensation for increased risk or to mispricing. We suggest a third explanation and show that neither the level of R&D investment nor the ch
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2df81d968e61d9f453c9303d3ece53c4
https://doi.org/10.1007/s11142-011-9179-y
https://doi.org/10.1007/s11142-011-9179-y
Autor:
Robert J. Resutek
Publikováno v:
Review of Accounting Studies. 16:668-678
Li (Rev Acc Stud, 2011) proposes a quarterly earnings prediction model for loss generating firms, shows that it produces better specified future earnings estimates relative to naive quarterly forecast models, and that it can be used to form a trading
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::40ca6eda0da8a8d379bcbbc257fdcd0c
https://doi.org/10.1007/s11142-011-9154-7
https://doi.org/10.1007/s11142-011-9154-7
Autor:
Robert J. Resutek
Publikováno v:
The Accounting Review. 85:1347-1374
Prior studies employ a two-period empirical model and interpret the negative association between accruals in period one and returns in period two as evidence that investors misprice the information contained in accruals. In contrast to prior studies,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3e4806a16f94260ca8aaa0b796b95437
https://doi.org/10.2308/accr.2010.85.4.1347
https://doi.org/10.2308/accr.2010.85.4.1347
Autor:
Robert J. Resutek
Publikováno v:
SSRN Electronic Journal.
Prior studies suggest the positive relation between RD (ii) invest significantly more slowly; (iii) do not realize higher sales growth for at least 5 years; (iv) delist for performance-related reasons at more than double the rate of low R&D firms. In
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::acb2b05a09f2e919e4bbc10b755b9370
https://doi.org/10.2139/ssrn.2610847
https://doi.org/10.2139/ssrn.2610847
Autor:
Robert J. Resutek, Chad R. Larson
Publikováno v:
SSRN Electronic Journal.
This study examines the role of investor uncertainty in predicting cross-sectional stock returns. We develop novel, forward-looking estimates of two sources of investor uncertainty about firm value, future cash flow uncertainty and uncertainty attrib
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::db79d3a1441b47f9b58e45625872a61a
https://doi.org/10.2139/ssrn.2318062
https://doi.org/10.2139/ssrn.2318062