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  • 标题:Stickness of manager expectations and sustainability of profit anomalies
  • 其他标题:Stickness of manager expectations and sustainability of profit anomalies
  • 本地全文:下载
  • 作者:Shiri, Yahya ; Hossein, Sajadi, S ; Vaez, S.Ali
  • 期刊名称:پژوهش‌های تجربی حسابداری
  • 印刷版ISSN:2251-8509
  • 电子版ISSN:2538-1520
  • 出版年度:2020
  • 卷号:10
  • 期号:4
  • 页码:151-175
  • DOI:10.22051/jera.2019.21883.2165
  • 出版社:Alzahra University
  • 摘要:Investors' predictions of future profits will help investors make optimal decisions. Like other information, the value of these predictions depends on their accuracy .Revision of past forecasts leads to a Forecast error. The revisions come as a result of new information. On the other hand, some managers revision their forecasts in response to new information with Low speed. In this research, the relationship between the sustainability of profitability anomalies with Stickness of manager expectations has been investigated. In order to implementing this research, data from 178 companies were selected for the period of 6 years from 1390 to 1395. Using multi-variable regression and combined data, we analyzed the information and test hypotheses. Research's findings show that there is a positive and significant relationship between Stickness of manager expectations and sustainability of return on equity, the sustainability of gross profitability and the sustainability of cash flows and anegative and significant relationship with sustainability of return on assets.Therefore, we can say that the Stickness expectations of managers have affected on sustainability of profitable signals.
  • 关键词:profitability anomalies;revision in forecasts;earnings forecast error;Stickness of manager's expectations
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