永久性盈余、暂时性盈余与经营现金流的信息含量被引量：15

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摘要以中国内地股市为背景,对盈余的不同成分与经营现金流的信息含量问题进行实证分析。结果显示,加入水平变量后的报酬—盈余模型解释力得到提高,同时经营现金流的信息含量得到体现。随着股市的逐步发展,投资者已经能够识别盈余的不同成分,永久性盈余比暂时性盈余具有更多的信息含量,永久性盈余条件下经营现金流的信息含量增加。在暂时性盈余条件下,经营现金流整体上没有明显的信息增量,投资者并未将注意力重点转移到经营现金流指标上。

作者董红星

机构地区南开大学

出处《经济问题探索》北大核心 2007年第4期166-171,共6页 Inquiry Into Economic Issues

基金国家自然科学基金项目(项目批准号:70472051)

关键词永久性盈余暂时性盈余经营现金流非正常报酬率

分类号 F275 [经济管理—企业管理]

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