The role of earnings management in equity valuation
(2021)
Book Chapter
He, G., Li, Z., & Shen, D. (2022). The role of earnings management in equity valuation. In C. Lee, & A. Lee (Eds.), Encyclopedia of Finance (2061-2094). (3rd edition). Springer Nature. https://doi.org/10.1007/978-3-030-73443-5_90-1
The intrinsic value of a firm’s equity is determined by the present value of future payoffs to equity-holders. Thus, to estimate equity value, one needs to identify and process a series of information that is relevant to the present value of expected... Read More about The role of earnings management in equity valuation.