The Information Contained in the Components of Earnings
检验了六个常见盈利组成部分是否提供超出总盈利的额外信息，以及这些信息是否与组成部分的时间序列特性相关，对会计和金融研究者评估盈利披露有用。
This study investigates the relations between components of accounting earnings and stock returns1 by testing two hypotheses. The first is whether six commonly reported components of earnings provide additional information that is not contained in the earnings figure. The second is whether the additional information is associated with the timeseries properties of the components. In addition, other results regarding the components' relations with returns and the components' time-series properties are discussed. The six components analyzed in this study-gross profits, general and administrative expense, depreciation expense, interest expense, income taxes, and other items-are routinely reported in financial disclosures to