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Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings?

The Accounting ReviewPublished 1 July 1996Open access
Richard G. Sloan
Citations1,973
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Abstract

Abstract Investigates whether stock prices reflect information about future corporate earnings contained in accrual and cash flow components of currents earnings. Relationship of current earnings performance on the magnitude of cash and accrual flows; Relationship between the accrual and cash flow of earnings.

Keywords

Economics, Econometrics and FinanceBusiness, Management and Accounting