Encontrados 5 documentos, a visualizar página 1 de 1
Do economic and financial firm's situation affect the quality if financial rep...
Lopes, Cláudia Maria Ferreira Pereira; Cerqueira, António Melo; Brandão, ElísioWe investigate whether firms’ economic and financial situation influence the Quality of their Financial Reports (FRQ). FRQ is fundamental for investors and it affects the international capital movements [Bradshaw et al. (2004)] and Gelos and Wei (2005)]. Following Schipper and Vicent (2003) we use two issues to access earnings quality: abnormal accruals and earnings persistence. For seventeen European countries...
The effect of financial reports’ auality on Ffrm’s rerformance
Lopes, Cláudia Maria Ferreira Pereira; Cerqueira, António Melo; Brandão, ElísioWe analyse whether the quality of firms’ Financial Reports (FRQ) produces any effect on their performance. Bradshaw et al. (2004) and Gelos and Wei (2005) call attention to the fact that the international capital movements is affected by FRQ. Following Schipper and Vicent (2003) we use the abnormal accruals to access earnings quality. For seventeen European countries, we found evidence that FRQ produces a posit...
O Impacto da dimensão e da estrutura de capitais na qualidade das demonstrações...
Lopes, Cláudia Maria Ferreira Pereira; Brandão, Elísio; Cerqueira, António MeloNeste artigo, os efeitos da dimensão e do nível de endividamento sobre a qualidade das Demonstrações Financeiras (DF) são analisados para as empresas portuguesas. Para estimar a qualidade das DF recorremos a duas abordagens: as Necessidades de Fundo de Maneio (NFM) anormais e a Persistência dos Resultados, as quais foram referidas por Schipper e Vicent (2003). A evidência empírica mostra-nos que a dimensão dete...
Nature and performance of Portuguese Real Estate Investment Funds
Vasques, F.; Teixeira, José M. Cardoso; Brandão, ElísioPortuguese Real Estate Investment Funds are twenty years old and currently growing at unprecedented pace. Tax benefits and current market circumstances are the main drivers of interest on this type of institutional investment. In this paper a characterization and analysis of their nature, and a comparison against other indirect property investment vehicles is presented. Issues Iike structure, valuation, managem...
A survey on asset allocation in the portuguese real estate market
Vasques, F.; Teixeira, José M. Cardoso; Brandão, ElísioMost important academic theoretical developments in finance and investment have been transferred to widespread practical use, especially in the more efficient securities markets. Real estate investment research has followed these developments, with a lag of about 20 years, but to some extent, common practice of asset allocation in a property portfolio still relies a lot on a qualitative and subjective personal ...
| Financiadores do RCAAP | |||||||
|
|
|
|
|
|
||