Is the Market Responding to the Accounting Scandals Rationally?
A Look at “Reported” vs. “Operating” Earnings for the S&P 500
Audio
The market appears to be acting rationally when it comes to the accounting scandals. Companies that have large differences between reported and operating earnings have been hit hard.
Untitled
Commentaries — July 18, 2002
Is the Market Responding to the Accounting Scandals Rationally? A Look at “Reported” vs. “Operating” Earnings for the S&P 500 Audio The market appears to be acting rationally when it comes to the accounting scandals. Companies that have large differences between reported and operating earnings have been hit hard.