The Impact on a Firm's Stock Price of an Earnings Restatement to Adhere to Lease Accounting Standards - An Empirical Study

Authors

  • Jamshid Mehran Indiana University South Bend;
  • Robert Balik Western Michigan University

DOI:

https://doi.org/10.58886/jfi.v4i1.2480

Abstract

This abstract was created post-production by the JFI Editorial Board.

This event study for the February 7, 2005, SEC announcement does not indicate any significant daily abnormal rates of return. These results contrast with most other event studies of earnings related restatements. One possible explanation for these results could be that the market did not think the subsequent earnings restatements would not be significant.

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Published

2006-06-30

How to Cite

Mehran, Jamshid, and Robert Balik. 2006. “The Impact on a Firm’s Stock Price of an Earnings Restatement to Adhere to Lease Accounting Standards - An Empirical Study”. Journal of Finance Issues 4 (1):1-10. https://doi.org/10.58886/jfi.v4i1.2480.

Issue

Vol. 4 No. 1 (2006): Summer 2006

Section

Original Article