Discussion of: “Do Stock Prices of Property Casualty Insurers Fully Reflect Information About Earnings, Accruals, Cash Flow and Development?”
James M. Wahlen ()
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James M. Wahlen: Indiana University
Review of Accounting Studies, 2001, vol. 6, issue 2, No 5, 228 pages
Abstract:
Abstract My remarks are intended to accomplish two primary objectives. My first objective is to describe how this paper contributes to several streams of current research, offer a few observations on the strengths and limitations of the research design, and consider several ways one might interpret the results. My second objective is to describe several opportunities for future studies by Bill Beaver and Maureen McNichols or other researchers to extend this line of research to address related questions. I have organized these remarks into the following sections: overview of the paper; strengths of the analysis; opportunities to refine the analysis; interpretations of the results; and potential extensions.
Keywords: Future Study; Research Design; Primary Objective; Cash Flow; Public Finance (search for similar items in EconPapers)
Date: 2001
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DOI: 10.1023/A:1011614909234
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