Many companies voluntarily report information content alternative measures of performance - such as earnings before interest, taxes, depreciation and amortization (EBITDA). Analyzes the extent to which individual measures related to stock returns. Tests of S & P 1500 firms in general, and as distributed by size, as well as many firms-year observations for which measures such as EBITDA, as expected, a more appropriate estimate. Disclose the circumstances in which it takes place, but the assessment of urgency never exceeds the net income. "Hide
by Stephen R. Moehrle, Jennifer A. Moehrle-Reynolds, James S. Wallace Source: Business Horizons 7 pages. Publication Date: July 15, 2003. Prod. #: BH093-PDF-ENG
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