Table 2 indicates the earnings response coefficients
for the sample of study firms.
The effect of financial statement comparability on future earnings response coefficients
. Journal of Accounting and Auditing Review, 22(4), 479-500.
Pincus (2000), Internal versus external equity funding sources and earnings response coefficients
. Review of Quantitative Finance and Accounting, Volume 16(1), pp.
The results showed the increased ability of the price and return models to explain better earnings-return relationship by providing highly significant earnings response coefficients
. Furthermore, after correcting value-irrelevant noise in earnings, the return model yields highly significant ERCs.
The effects of backdating on earnings response coefficients
. (University of Nebraska-Lincoln Working Paper).
Sloan, 1992, "Information in Prices About Future Earnings: Implications for Earnings Response Coefficients
," Journal of Accounting and Economics 15, 143-171.
Jeter, 1992, "The Effect of Size on the Magnitude of Long-window Earnings Response Coefficients
," Contemporary Accounting Research 8, 540-560.
Analysis of Intertemporal and Cross-Sectional Determinants of Earnings Response Coefficients
. Journal of Accounting And Economics, 11, 143-181.
Earnings Response Coefficients
Levels Associated With Dividend Yield
Noisy accounting earnings signals and earnings response coefficients
: The case of foreign currency accounting.
We also find a significant positive association between the six measures of auditor industry specialization and clients' earnings response coefficients
. The negative association observed between auditor industry specialization and clients' absolute discretionary accruals suggests that on average specialist auditors reduce earnings management by their clients.