Earnings Management and Price Informativeness
收藏NBER2026-05-01 更新2026-05-16 收录
下载链接：
https://www.nber.org/papers/w35178
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资源简介：
We investigate the relationship between stock prices and future earnings in China's A-share market. In the cross-section, firms with higher market valuations report higher earnings over the subsequent one to five years, suggesting that stock prices contain information about future fundamentals. In
提供机构：
美国国家经济研究局
创建时间：
2026-05-01
