The effect of assests write on the firm’s performance / Min-Tsung Cheng

This study uses empirical evidence to determine if management recognition asset write-offs improves firm performance. The examination focuses on take-a-bath and information content strategies. The available research on management write-offs behavior presents conflicting results, some of which are in...

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Main Author: Cheng, Min-Tsung
Format: Article
Language:English
Published: Universiti Teknologi MARA Cawangan Selangor 2016
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/31005/
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author Cheng, Min-Tsung
author_facet Cheng, Min-Tsung
author_sort Cheng, Min-Tsung
building UiTM Institutional Repository
collection Online Access
description This study uses empirical evidence to determine if management recognition asset write-offs improves firm performance. The examination focuses on take-a-bath and information content strategies. The available research on management write-offs behavior presents conflicting results, some of which are interesting. First, for samples positioned at the 1%, 10%, 20%, 90% and 99% quantile level of firm performance ranking, a number of write-offs was found to positively affect the firm’s future performance, supporting the information content hypothesis. However, least squares estimates indicated a negative relationship. Second, under the least squares approach, firm performance was improved in the period following the write-offs at various quantiles, both of which support the take-a-bath hypothesis. Third, testing the equality of individual points can ensure the requisites for quantile analysis and most two-by-two matching coefficients had significant odds.
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spelling uitm-310052020-06-15T04:09:39Z https://ir.uitm.edu.my/id/eprint/31005/ The effect of assests write on the firm’s performance / Min-Tsung Cheng mar Cheng, Min-Tsung Multivariate analysis. Cluster analysis. Longitudinal method Regression analysis. Correlation analysis. Spatial analysis (Statistics) This study uses empirical evidence to determine if management recognition asset write-offs improves firm performance. The examination focuses on take-a-bath and information content strategies. The available research on management write-offs behavior presents conflicting results, some of which are interesting. First, for samples positioned at the 1%, 10%, 20%, 90% and 99% quantile level of firm performance ranking, a number of write-offs was found to positively affect the firm’s future performance, supporting the information content hypothesis. However, least squares estimates indicated a negative relationship. Second, under the least squares approach, firm performance was improved in the period following the write-offs at various quantiles, both of which support the take-a-bath hypothesis. Third, testing the equality of individual points can ensure the requisites for quantile analysis and most two-by-two matching coefficients had significant odds. Universiti Teknologi MARA Cawangan Selangor 2016-06 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/31005/1/AJ_MIN%20TSUNG%20CHENG%20MAR%20B%2016.pdf Cheng, Min-Tsung (2016) The effect of assests write on the firm’s performance / Min-Tsung Cheng. (2016) Management & Accounting Review (MAR) <https://ir.uitm.edu.my/view/publication/Management_=26_Accounting_Review_=28MAR=29.html>, 15 (1). pp. 1-32. ISSN 2550-1895 http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/563
spellingShingle Multivariate analysis. Cluster analysis. Longitudinal method
Regression analysis. Correlation analysis. Spatial analysis (Statistics)
Cheng, Min-Tsung
The effect of assests write on the firm’s performance / Min-Tsung Cheng
title The effect of assests write on the firm’s performance / Min-Tsung Cheng
title_full The effect of assests write on the firm’s performance / Min-Tsung Cheng
title_fullStr The effect of assests write on the firm’s performance / Min-Tsung Cheng
title_full_unstemmed The effect of assests write on the firm’s performance / Min-Tsung Cheng
title_short The effect of assests write on the firm’s performance / Min-Tsung Cheng
title_sort effect of assests write on the firm’s performance / min-tsung cheng
topic Multivariate analysis. Cluster analysis. Longitudinal method
Regression analysis. Correlation analysis. Spatial analysis (Statistics)
url https://ir.uitm.edu.my/id/eprint/31005/
https://ir.uitm.edu.my/id/eprint/31005/