๐”– Bobbio Scriptorium
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The Behavior and Performance of Foreign Investors in Emerging Equity Markets: Evidence from Taiwan

โœ Scribed by Anchor Y. Lin; Peggy E. Swanson

Book ID
111084572
Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
123 KB
Volume
4
Category
Article
ISSN
1369-412X

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The valuation of accounting earnings is related to the level of earnings management used by the fi rm. In emerging markets where earnings management is typically pervasive, investors lose confi dence in accounting earnings and thus tend to under-value earnings. Using data from Taiwan, we show that b