چکیده:
In this research, the linear dynamics of information (LID) and the effect of other information or Vt on the set of abnormal profits are studied using panel data of 100 companies during the period 1376-1386 using the Generalized Method of Moments (GMM). This study tests the impact of industry type, market share, and capital intensity as other information (Vt) on future abnormal profits, along with the continuity of the persistence of the linear dynamics of information. The research results confirm the hypothesis of linear information dynamics. Additionally, the research results showed that industry type and capital intensity affect the persistence of abnormal profits. Therefore, industry type and capital intensity have informational content and are reflected as other information (Vt) in the Olsen (1995) model. According to the research results, the hypothesis that market share affects the persistence of abnormal profits is rejected, meaning that in this case, each company's market share lacks informational content and is not reflected in the Olsen (1995) model.
خلاصه ماشینی:
Journal of Accounting Knowledge/Year 1/Issue /1 Summer /2010 Pages 89-109 Investigating the relationship between industry type, market share, and capital intensity with the persistence of abnormal earnings in listed companies Dr. Vali Khodadadi* Hossein Erfani** Date Received: 2010/02/04 Date Accepted: 2010/06/12 Abstract {IBIn this research, the linear information dynamics of Olson LID and the effect of other information or Vt on the set of abnormal earnings are studied using panel data of 100 companies during the period 1997-2007 using the Generalized Method of Moments (GMM).
The current research addresses this gap and includes variables as other information (Vt) in the Olson (1995) model; therefore, this study investigates the effect of industry, market share, and capital intensity on future abnormal earnings in a sample of Iranian companies.
Notes (1)- OhIson (2)- LOpes (3)- Hand (4)- OhIson (5)- Kothari (6)- Lev and Thiagarajan (7)- Myers (8)- Owens (9)- Lo and Lys (10)- Cupertino and Lustosa (11)- Basu (12)- Porter (13)- Kupfer (14)- Cheng (15)- Shan and Taylor and Walter (16)- Kin and Fu (17)- Lev (18)- Liu and Jacob (19)- Stigler (20)- Baginski (21)- Hand and Landcsman (22)- Hsiao (23)- Arrelani and Bond (24)- Two Stage Least Squares (25)- Anderson and Hsiao (26)- Generalied Method of Moments (27)- Matyas and Sevestre (28)- Blundell and Bond (29)- Arellano and Bover (30)- Sargan References {E- Anderson,T.
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