Answers are grounded in this paper and cite their sources.
Investigates whether stock prices reflect information about future corporate earnings contained in accrual and cash flow components of currents earnings. Relationship of current earnings performance on the magnitude of cash and accrual flows; Relationship between the accrual and cash flow of earnings.
No takes yet. Share an insight, caveat, or question.
Richard G. Sloan (1996) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: