performance drives earnings persistence. His findings are consistent with firms with more persistent earnings are fundamentally stronger. Yao (2014) also documents that certain fundamentals – namely the
party. 2 When reporting the acquisition of convertible securities, please state the number of units for all types and series of convertible securities (if there are several types, combine the information
units for all types and series of convertible securities (if there are several types, combine the information into one report). 3 In respect of convertible securities, please report the voting rights of
convertible securities, please state the number of units for all types and series of convertible securities (if there are several types, combine the information into one report). 3 In respect of convertible
reporting the acquisition of convertible securities, please state the number of units for all types and series of convertible securities (if there are several types, combine the information into one report
party. 2 When reporting the acquisition of convertible securities, please state the number of units for all types and series of convertible securities (if there are several types, combine the information
units for all types and series of convertible securities (if there are several types, combine the information into one report). 3 In respect of convertible securities, please report the voting rights of
party. 2 When reporting the acquisition of convertible securities, please state the number of units for all types and series of convertible securities (if there are several types, combine the information
units for all types and series of convertible securities (if there are several types, combine the information into one report). 3 In respect of convertible securities, please report the voting rights of
party. 2 When reporting the acquisition of convertible securities, please state the number of units for all types and series of convertible securities (if there are several types, combine the information