Quality of accounting earnings under alternative pension accounting methods.

Title: Quality of accounting earnings under alternative pension accounting methods.
Identifier: AAI9108161
identifier: 9108161
Creator: Park, Kyungjoo.
Contributor: Adviser: In-Mu Haw
Date: 1990
Language: English
Publisher: City University of New York.
Subject: Business Administration, Accounting
Abstract: The purpose of this study is to examine differential stock market reactions to earnings releases under alternative pension accounting measurement rules. In addition, this study examines the impact of off-balance sheet pension items required by SFAS No. 87 on the market participants' assessments of a firm's market risk.;This study hypothesizes that earnings response coefficients are: (i) greater in the SFAS No. 87 period than in the APB No. 8 period, (ii) a function of firm size, (iii) a function of the timing of the SFAS No. 87 adoption period. Empirical findings are consistent with the argument that earnings response coefficients are a function of: (i) differential quality of earnings determined under alternative pension accounting rules, (ii) firm size, (iii) the timing of SFAS No. 87 adoption periods. Also, the findings are consistent with the argument that investors consider off-balance sheet pension items in assessing a firm's systematic risk.
Type: dissertation
Source: PQT Legacy CUNY.xlsx
degree: Ph.D.

Media: Quality of accounting earnings under alternative pension accounting methods.