WHAT EXPLAINS WIDENING PROFITABILITY DISPERSION AROUND THE WORLD
WHAT EXPLAINS WIDENING PROFITABILITY DISPERSION AROUND THE WORLD
复制标题
全球盈利能力分散性扩大的原因是什么
DOI：
10.15057/28214
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发表时间：
2016
期刊：
影响因子：
--
通讯作者：
Yasuharu Aoki
中科院分区：
文献类型：
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作者：
M. Nakano;Yasuharu Aoki
本研究探讨了 1982 年至 2007 年间十个国家盈利能力分散的基本原理。盈利能力分散水平及其时间序列行为因年份和国家而异。会计和经济因素都会导致这种现象。使用汇总数据，我们报告的证据表明，分散度与收入平滑、报告收益的自由裁量权、小企业的存在和宏观企业绩效显着相关。所提出的结果对于盈利能力分散和法律制度差异的定义几乎是稳健的。我们的研究为有关收益属性的国际差异的文献做出了贡献。
This study explores the fundamentals of profitability dispersion across ten countries between 1982 and 2007. Profitability dispersion level and its time-series behavior vary by year and by country. Both accounting and economic factors cause this phenomenon. Using aggregate data, we report evidence that the dispersion is significantly related to income smoothing, discretion in reported earnings, the presence of small firms, and macro firm performance. The presented results are almost robust to the definition of profitability dispersion and differences of legal system. Our research contributes to the literature on international differences in earnings properties.