Earnings quality measures and stock return volatility in South Africa
نویسندگان
چکیده
Abstract This paper examined the association between various measures of earnings quality and stock return volatility Johannesburg Stock Exchange (JSE)-listed companies for 10 years from 2009 to 2018. The considered were accrual quality, conservatism, persistence, predictability smoothness. was measured with idiosyncratic volatility. Multilevel linear regression found that persistence are negatively related Firms a high value those more persistent exhibited decrease in Furthermore, it smoothness positively influenced volatility, suggesting firms less smooth display an increase conservatism have no significant effect on mixed results this study supported noise information perspective explain JSE-listed companies.
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ژورنال
عنوان ژورنال: Future Business Journal
سال: 2022
ISSN: ['2314-7202', '2314-7210']
DOI: https://doi.org/10.1186/s43093-022-00115-x