作者：Loudder, ML; Khurana, IK; Boatsman, JR
作者单位：University of Missouri System; University of Missouri Columbia; Arizona State University; Arizona State University-Tempe
摘要：Economic and political events have led to utility regulation decisions which, in turn, provide an impetus for significant changes in industry accounting and reporting practices, The prospect of continuing change in the operating environment for utilities suggests that some deferred assets created by regulatory actions are subject to uncertain recovery, Accounting regulators have responded by imposing additional constraints on the firm's ability to record these so-called ''regulatory assets.'' ...
作者：Maines, LA; Hand, JRM
作者单位：Duke University; University of North Carolina; University of North Carolina Chapel Hill
摘要：This study uses experiments to examine whether individuals' earnings forecasts correctly reflect the time series properties of quarterly earnings, in particular, the positive autocorrelation in seasonal quarterly changes and the negative fourth-order moving average term documented by Brown and Rozeff (1979), We find that individuals' forecasts are sensitive to the magnitude of these time series components; however, individuals typically underweight the moving average term and under- (over-)wei...
