Instead of employing capital markets research techniques (e.g., event studies) why dont we just ask investors how

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Instead of employing capital markets research techniques (e.g., event studies) why don’t we just ask investors how they would react to a hypothetical event? Why don’t we ask managers why they make specific accounting changes?

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Accounting Theory Conceptual Issues in a Political and Economic Environment

ISBN: 978-1412991698

8th edition

Authors: Harry Wolk, James Dodd, John Rozycki

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Question Posted: Feb 12, 2016 06:18 AM

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Instead of employing capital markets research techniques (e.g., event studies) why dont we just ask investors how

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Will the investors and managers provide a truthful response If they pr...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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