Implied risk assessment model of earnings in Chinese listed companies
This article defines the meaning of the risk of earnings information, select Index from a statistical sense, then according to the model theory, create a general assessment model, and do the parameters set bias and stability test. The results show that accrual earnings quality information can be the most reasonable measure of the risk of earnings information; the use of a general model assessment of TA, GA accrual quality is of the higher validity, the model specification and structural stability are better, the assessment relevant explanatory variables are particularly significant.