| DC Field | Value | Language |
|---|---|---|
| dc.contributor | School of Accounting and Finance | en_US |
| dc.creator | Du, Q | en_US |
| dc.creator | Wang, Y | en_US |
| dc.creator | Wei, KCJ | en_US |
| dc.date.accessioned | 2021-05-18T08:20:33Z | - |
| dc.date.available | 2021-05-18T08:20:33Z | - |
| dc.identifier.issn | 0927-538X | en_US |
| dc.identifier.uri | http://hdl.handle.net/10397/90052 | - |
| dc.language.iso | en | en_US |
| dc.publisher | Elsevier | en_US |
| dc.subject | Accruals | en_US |
| dc.subject | Cash-based operating profitability | en_US |
| dc.subject | Operating profitability | en_US |
| dc.subject | Return predictability | en_US |
| dc.title | Does cash-based operating profitability explain the accruals anomaly in China? | en_US |
| dc.type | Journal/Magazine Article | en_US |
| dc.identifier.volume | 61 | en_US |
| dc.identifier.doi | 10.1016/j.pacfin.2020.101336 | en_US |
| dcterms.abstract | We investigate the relations between accruals, operating profitability, cash-based operating profitability, and the cross-section of expected stock returns in U.S. and Chinese markets. By replicating the main results in Ball et al. (2016 JFE), we confirm that cash-based operating profitability subsumes the return predictability of accruals and operating profitability in the U.S. market. Extending to the Chinese market, we similarly find that operating profitability and cash-based profitability can both predict returns but in contrast, operating profitability subsumes cash-based profitability. | en_US |
| dcterms.accessRights | embargoed access | en_US |
| dcterms.bibliographicCitation | Pacific basin finance journal, June 2020, v. 61, 101336 | en_US |
| dcterms.isPartOf | Pacific basin finance journal | en_US |
| dcterms.issued | 2020-06 | - |
| dc.identifier.scopus | 2-s2.0-85083844296 | - |
| dc.identifier.artn | 101336 | en_US |
| dc.description.validate | 202105 bchy | en_US |
| dc.description.oa | Not applicable | en_US |
| dc.identifier.FolderNumber | a0801-n11 | - |
| dc.description.fundingSource | Self-funded | en_US |
| dc.description.pubStatus | Published | en_US |
| dc.date.embargo | 2022.06.30 | en_US |
| Appears in Collections: | Journal/Magazine Article | |
Access
View full-text via PolyU eLinks 
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.