440,105 firm-quarter observations. To calculate future earnings variability , the final sample is 215,532 firm-quarter observations between 1976 and 2009. • While it is impossible to overcome this problem
in the Korean Peninsula The impact of GPR 4 The Problem Statement and Research Motivation ❑ GPR has become a primary threat and challenge faced by corporates (PWC, 2019) ❑ Extensive literature
annual report and accounts in order for shareholders to be able to assess the company’s performance, business model, strategy and long-term prospects. The reporting of relevant and material non- financial
sufficient funds to operate its business and had to cease the production of hot rolled coil, which further resulted in the Company’s liquidity problem and inability to repay a large amount of debt. Through the
Company’s liquidity problem and inability to repay a large amount of debt. Through the years, the Company engaged in several debt restructurings, as in 2010, where the Company entered into an agreement for
persist in reporting streaks of increasing earnings. As a result, I investigate whether future earnings growth is weakly associated with longer past earnings strings. This test allows me to assess to what
financial difficulty and unable to maintain adequate net capital as prescribed. The revised rules include rectification period, restriction of business operations during rectification period and undertakings
range of investors; (4) having financial readiness without any reasonable ground to believe that the financial status may cause damage or any other circumstance indicates an ongoing financial problem; (5
ground to believe that the financial status may cause damage or any other circumstance indicates an ongoing financial problem; (5) having a clear action plan which demonstrates determination for providing