منابع مشابه
Costs of Stock Trading by Study on Commitment Components
In this paper, we are examining the relationship between stock trading costs and commitment components and find both abnormal and normal commitments associated with these costs are associated. Moreover, stock trading costs have a greater influence by both abnormal and normal negative commitments more than positive commitments. Further analysis has shown that in general, investors are unable to ...
متن کاملcosts of stock trading by study on commitment components
in this paper, we are examining the relationship between stock trading costs and commitment components and find both abnormal and normal commitments associated with these costs are associated. moreover, stock trading costs have a greater influence by both abnormal and normal negative commitments more than positive commitments. further analysis has shown that in general, investors are unable to ...
متن کاملInformation-Processing Costs in Online Stock Trading
The recent proliferation of online stock trading raises the question of whether online stock trading provides online investors with better benefits than does traditional brokerage-based trading. Compared to its well-known benefits such as lowered commission costs and convenience , the costs incurred to online investors before the transaction – information-processing costs – seem to have receive...
متن کاملAccrual Reversals, Earnings and Stock Returns
Accounting accruals anticipate future economic benefits. They are intended to reverse upon the realization of the anticipated future benefits, such that their reversals have no net impact on future earnings. In practice, however, we show that extreme accruals exhibit a high frequency of subsequent reversals that do impact future earnings. We demonstrate that these reversals explain a number of ...
متن کاملAn Analysis of the Stock Price Impact on the TSE and Accrual Management
This study examined the role of positive and negative discretionary accrual management in the stock price impact. A sample of 66 firms listed in Tehran Stock Exchange was selected for a ten-year period (2008-2017). Accrual management was found to lead to significant changes in stock prices, and uninformed investors incur trading costs caused by the stock price impact. The results showed two key...
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ژورنال
عنوان ژورنال: China Journal of Accounting Research
سال: 2013
ISSN: 1755-3091
DOI: 10.1016/j.cjar.2013.09.001