IDEAS home Printed from https://ideas.repec.org/a/bla/acctfi/v55y2015i1p187-212.html
   My bibliography  Save this article

Are earnings announced early of higher quality?

Author

Listed:
  • Ho-Young Lee
  • Vivek Mande
  • Myungsoo Son
  • Steven Cahan

Abstract

type="main" xml:id="acfi12057-abs-0001"> This study examines whether the timing of annual earnings announcements is related to how promptly earnings incorporate value-relevant information (timeliness in recognition), the extent to which earnings are managed (income smoothing) and the extent to which earnings are realized into operating cash flow (accruals quality). Based on Trueman ( ), we hypothesize that early announcers will have higher quality earnings. Our results, however, do not support these hypotheses. We find, instead, that late announcers have higher quality earnings and that earnings of late announcers recognize bad news on a more timelier basis than do earnings of early announcers.

Suggested Citation

  • Ho-Young Lee & Vivek Mande & Myungsoo Son & Steven Cahan, 2015. "Are earnings announced early of higher quality?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 55(1), pages 187-212, March.
  • Handle: RePEc:bla:acctfi:v:55:y:2015:i:1:p:187-212
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/acfi.2015.55.issue-1
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:acctfi:v:55:y:2015:i:1:p:187-212. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: http://edirc.repec.org/data/aaanzea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.