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作者：Chen, KCW; Church, BK
作者单位：Wilfrid Laurier University
摘要：This study investigates the association between going concern opinions and the market's reaction to bankruptcy filings. The results of prior studies indicate that going concern opinions are useful in predicting bankruptcy and provide some explanatory power in predicting bankruptcy resolution, As such, going concern opinions may reduce the surprise associated with bankruptcy. Our results are consistent with this assertion. Firms receiving going concern opinions experience less negative excess r...
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作者：Eldenburg, L; Soderstrom, N
作者单位：University of Washington; University of Washington Seattle
摘要：Under hospital accounting guidelines, contractual adjustments are an allowable deduction from revenue that reflect the difference between gross charges and reimbursement amounts. This study explores the use of contractual adjustments to shift costs among payers and increase revenues within a regulatory environment that attempted to limit cost shifting and set revenue constraints, Throughout the regulatory period, we find that hospitals overestimated budgeted contractual adjustments in a system...
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作者：Lorek, KS; Willinger, GL
作者单位：University of Oklahoma System; University of Oklahoma - Norman
摘要：This paper provides evidence on the time-series properties and predictive ability of cash-flow data. It employs a sample of firms on which the accuracy of one-step-ahead cash-flow predictions is assessed during the 1989-1991 holdout period. We develop a new multivariate, time-series prediction model that employs past values of earnings, short-term accruals and cash-flows as independent variables in a time-series regression. Our predictive results indicate that this model clearly outperforms fi...
