Abnormal retained earnings around the world

Retained Earnings of Mutual Funds

Some historical perspectives on the Bond-Stock Earnings Yield Model for crash prediction around the world

We provide a historical background on Ziemba’s experiences and research on the bondstock earnings yield differential model (BSEYD), from the time he first used it in Japan in 1988 through to the present in 2014. Over this period, the model has called many crashes, but not all. Those called have had high interest rates in long term bonds relative to the trailing earnings to price ratio. In gener...

Twitter sentiment around the Earnings Announcement events

We investigate the relationship between social media, Twitter in particular, and stock market. We provide an in-depth analysis of the Twitter volume and sentiment about the 30 companies in the Dow Jones Industrial Average index, over a period of three years. We focus on Earnings Announcements and show that there is a considerable difference with respect to when the announcements are made: befor...

Market Competition, Earnings Management, and Persistence in Accounting Profitability Around the World

We examine how cross-country differences in product, capital, and labor market competition, as well as earnings management affect mean reversion in accounting return on assets. Using a sample of 48,465 unique firms from 49 countries, we find that accounting returns mean revert faster in countries where there is more product and capital market competition, as predicted by economic theory. Countr...

Events Around The World

For more listings and to have your event included in GAHM’s calendar of events in print and online, please visit www.gahmj.com. July 13-15, 2012—Functional Nutrition Course Hilton New York, NY, United States In response to the epidemic of lifestyle-related chronic illnesses—now classified as lifestyle syndromes—The Institute for Functional Medicine developed the Functional Nutrition Course (FNC...