Browsing Conference Proceedings 1999 by Author "Ansong, Granville"

Browsing Conference Proceedings 1999 by Author "Ansong, Granville"

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    The dynamic effects of shocks in a clean surplus model 
    Ansong, Granville; Oppong, Andrews (Atlantic Schools of Business, 1999)
    The paper derives some implications for the price-book value model of Ohlson [1995] and Feltham and Ohlson [1995] when earnings and dividends are subject to shocks (random disturbances). The paper’s main conclusion is that ...