Derivation of a Returns-Based Measure of Information Quality


In this chapter, I present the development and validation of a returns-based earnings quality metric, termed e-loading. This chapter is an abbreviated version of Ecker, Francis, Kim, Olsson, and Schipper (2006).11 In short, e-loading is the firm-specific slope coefficient on an information quality mimicking factor from an asset pricing regression and thus a returns-based representation of the perceived information quality.


Total Asset Information Quality Market Risk Daily Return Earning Quality 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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© Gabler | GWV Fachverlage GmbH, Wiesbaden 2008

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