The Effect of Earnings Announcements on Firm Value: A Quantile Regression Approach
| Autor: | Ali Güvercin |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2016 |
| Předmět: |
050208 finance
Index (economics) Earnings announcements Brand names Earnings Financial economics 05 social sciences Enterprise value Earnings persistence Conditional probability distribution lcsh:Business Firm value Quantile regression 0502 economics and business Economics Regression Quantile Dividend 050207 economics lcsh:HF5001-6182 |
| Zdroj: | İşletme Araştırmaları Dergisi, Vol 8, Iss 1, Pp 456-466 (2016) |
| ISSN: | 1309-0712 |
| Popis: | In this study, we examine the effect of earnings announcements on firm value by looking at the relationship at different points of the conditional distribution. The analysis covers non-financial companies listed in Borsa Istanbul’s BIST100 index for the 2009-2013 years. The study also takes into account the effect of earnings persistence, whether the firm pay dividends, and brand name on the relationship between earnings announcements and firm value. Our analysis also investigates that relationship using a accurately method, namely Quantile Regression, by looking at the relationship at different points of the conditional distribution. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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