The 2007-2008 financial crisis and accrual anomaly

dc.contributor.authorWang, Ye
dc.contributor.authorUniversity of Lethbridge. Faculty of Management
dc.contributor.supervisorLi, Yutao
dc.contributor.supervisorAsem, Ebenezer
dc.date.accessioned2016-02-18T23:24:07Z
dc.date.available2016-02-18T23:24:07Z
dc.date.issued2015
dc.degree.levelMastersen_US
dc.description.abstractThis paper investigates how the 2008 financial crisis affects the accrual anomaly documented by Sloan (1996). I find that the accrual anomaly increases during the financial crisis period and the increase in accrual anomaly does not differ between firms relying and not relying on external financing. Additional analysis shows that arbitrage risk and transaction costs could have contributed to the increase in accrual anomaly during the financial crisis period.en_US
dc.embargoNoen_US
dc.identifier.urihttps://hdl.handle.net/10133/4423
dc.language.isoen_CAen_US
dc.proquest.subject0272en_US
dc.proquestyesYesen_US
dc.publisherLethbridge, Alta. : University of Lethbridge, Faculty of Management.
dc.publisher.facultyManagementen_US
dc.relation.ispartofseriesThesis (University of Lethbridge. Faculty of Management)
dc.subjectaccrual anomaly
dc.subjectearnings fixation hypothesis
dc.subjectfinancial crisis
dc.titleThe 2007-2008 financial crisis and accrual anomalyen_US
dc.typeThesisen_US
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