, Harvey (1990) suggest that minor positive autocorrelation is normal symptom for the financial data research. Page 30/40 Summary of the Sample Characteristics Items CG DY LEV NDT ROA ROE SIZE TUR TOBIN Q
equity market investors are largely rational and employ standard valuation methods over realistic time periods during normal and abnormal market conditions. What causes markets to temporarily dislocate
information. Institutional Investors should not adopt a policy to indiscriminately support any and all resolutions proposed by the Board of Directors of an Investee Company as this would suggest that the
towards elevating the quality control system. The overall evaluation results that steered in the ‘better’ direction suggest the leader’s concentration and prioritization in the improvement of audit quality
careful. However, several instances found during our inspections seemed to suggest otherwise, especially regarding the insufficiency of audit evidence to support its conclusions, inappropriate procedures
statistic of the model shows some concern of positive autocorrelation; however, Harvey (1990) suggest that minor positive autocorrelation is normal symptom for the financial data research. Working Paper: Does
to identify firms that have deviated from their normal valuation levels and firms that are overvalued or undervalued relative to their peers. A higher PE ratio reflects greater expected future gains
derivatives clearing and settlement, including any other information obtained during the normal course of operation as a derivatives clearing house with the Stock Exchange, securities trading centers
first major period of generational succession. • Succession versus professionalization. - Surveys suggest preference amongst Asian family-firms for succession but growing recognition of need for
economic grounds. I find that risk in future earnings and firm fundamentals have association with a string of earnings increases. In addition, my results strongly suggest that predictive ability of a string