{"id":"https://openalex.org/W99120754","doi":null,"title":"Essays on earnings quality: Evidence from net share issue, put option sales, and hedging","display_name":"Essays on earnings quality: Evidence from net share issue, put option sales, and hedging","publication_year":2014,"publication_date":"2014-01-01","ids":{"openalex":"https://openalex.org/W99120754","mag":"99120754"},"language":"en","primary_location":{"id":"pmh:oai:digitalcommons.utep.edu:open_etd-2224","doi":null,"is_oa":true,"landing_page_url":"https://digitalcommons.utep.edu/open_etd/1225","pdf_url":"https://digitalcommons.utep.edu/cgi/viewcontent.cgi?article=2224&context=open_etd","source":{"id":"https://openalex.org/S4306402377","display_name":"DigitalCommons@UTEP (The University of Texas at El Paso)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I164936912","host_organization_name":"The University of Texas at El Paso","host_organization_lineage":["https://openalex.org/I164936912"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Open Access Theses & Dissertations","raw_type":"text"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://digitalcommons.utep.edu/cgi/viewcontent.cgi?article=2224&context=open_etd","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5079704165","display_name":"Jagadish Dandu","orcid":"https://orcid.org/0000-0002-9211-5635","observed_orcids":["https://orcid.org/0000-0002-9211-5635"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Jagadish Dandu","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-9211-5635","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5079704165"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9839000105857849,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9839000105857849,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.005799999926239252,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.0034000000450760126,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/earnings-quality","display_name":"earnings quality","score":0.9819999933242798},{"id":"https://openalex.org/keywords/market-timing","display_name":"market timing","score":0.6380000114440918},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"information asymmetry","score":0.9399999976158142},{"id":"https://openalex.org/keywords/hedging","display_name":"hedging","score":0.6880000233650208},{"id":"https://openalex.org/keywords/air-transport","display_name":"airline industry","score":0.640999972820282},{"id":"https://openalex.org/keywords/commodity-hedging","display_name":"commodity hedging","score":0.652999997138977},{"id":"https://openalex.org/keywords/residual-income-model","display_name":"residual income model","score":0.8379999995231628},{"id":"https://openalex.org/keywords/discretionary-accruals","display_name":"discretionary accruals","score":0.7699999809265137},{"id":"https://openalex.org/keywords/stock-mispricing","display_name":"stock mispricing","score":0.5479999780654907},{"id":"https://openalex.org/keywords/us-airlines","display_name":"U.S. air carriers","score":0.4749999940395355},{"id":"https://openalex.org/keywords/earnings-management","display_name":"earnings management","score":0.3790000081062317},{"id":"https://openalex.org/keywords/corporate-events","display_name":"corporate events","score":0.3400000035762787},{"id":"https://openalex.org/keywords/transport-sector","display_name":"transport sector","score":0.42100000381469727},{"id":"https://openalex.org/keywords/coffee-industry","display_name":"coffee industry","score":0.8669999837875366}],"concepts":[{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.623948335647583},{"id":"https://openalex.org/C2776218570","wikidata":"https://www.wikidata.org/wiki/Q5326947","display_name":"Earnings quality","level":4,"score":0.5659988522529602},{"id":"https://openalex.org/C2779530757","wikidata":"https://www.wikidata.org/wiki/Q1207505","display_name":"Quality (philosophy)","level":2,"score":0.5218142867088318},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5122413039207458},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.436939001083374},{"id":"https://openalex.org/C138262166","wikidata":"https://www.wikidata.org/wiki/Q570938","display_name":"Net income","level":2,"score":0.42551150918006897},{"id":"https://openalex.org/C206217203","wikidata":"https://www.wikidata.org/wiki/Q1134378","display_name":"Earnings per share","level":3,"score":0.4222942888736725},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.4216734766960144},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.38310182094573975},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.335580050945282},{"id":"https://openalex.org/C4577558","wikidata":"https://www.wikidata.org/wiki/Q384475","display_name":"Accrual","level":3,"score":0.1542002558708191},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"pmh:oai:digitalcommons.utep.edu:open_etd-2224","doi":null,"is_oa":true,"landing_page_url":"https://digitalcommons.utep.edu/open_etd/1225","pdf_url":"https://digitalcommons.utep.edu/cgi/viewcontent.cgi?article=2224&context=open_etd","source":{"id":"https://openalex.org/S4306402377","display_name":"DigitalCommons@UTEP (The University of Texas at El Paso)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I164936912","host_organization_name":"The University of Texas at El Paso","host_organization_lineage":["https://openalex.org/I164936912"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Open Access Theses & Dissertations","raw_type":"text"},{"id":"pmh:oai:digitalcommons.utep.edu:dissertations-7871","doi":null,"is_oa":false,"landing_page_url":"https://digitalcommons.utep.edu/dissertations/AAI3636251","pdf_url":null,"source":{"id":"https://openalex.org/S4377196403","display_name":"scholarworks - UTEP (The University of Texas at El Paso)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I164936912","host_organization_name":"The University of Texas at El Paso","host_organization_lineage":["https://openalex.org/I164936912"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"ETD Collection for University of Texas, El Paso","raw_type":"text"},{"id":"pmh:oai:scholarworks.utep.edu:dissertations-7871","doi":null,"is_oa":false,"landing_page_url":"https://scholarworks.utep.edu/dissertations/AAI3636251","pdf_url":null,"source":{"id":"https://openalex.org/S4377196403","display_name":"scholarworks - UTEP (The University of Texas at El Paso)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I164936912","host_organization_name":"The University of Texas at El Paso","host_organization_lineage":["https://openalex.org/I164936912"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"ETD Collection for University of Texas, El Paso","raw_type":"text"},{"id":"pmh:oai:scholarworks.utep.edu:open_etd-2224","doi":null,"is_oa":false,"landing_page_url":"https://scholarworks.utep.edu/open_etd/1225","pdf_url":null,"source":{"id":"https://openalex.org/S4377196403","display_name":"scholarworks - UTEP (The University of Texas at El Paso)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I164936912","host_organization_name":"The University of Texas at El Paso","host_organization_lineage":["https://openalex.org/I164936912"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Open Access Theses & Dissertations","raw_type":"text"},{"id":"mag:99120754","doi":null,"is_oa":false,"landing_page_url":"https://digitalcommons.utep.edu/dissertations/AAI3636251","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"pmh:oai:digitalcommons.utep.edu:open_etd-2224","doi":null,"is_oa":true,"landing_page_url":"https://digitalcommons.utep.edu/open_etd/1225","pdf_url":"https://digitalcommons.utep.edu/cgi/viewcontent.cgi?article=2224&context=open_etd","source":{"id":"https://openalex.org/S4306402377","display_name":"DigitalCommons@UTEP (The University of Texas at El Paso)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I164936912","host_organization_name":"The University of Texas at El Paso","host_organization_lineage":["https://openalex.org/I164936912"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Open Access Theses & Dissertations","raw_type":"text"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320314997","display_name":"Strong","ror":"https://ror.org/041vyzr56"}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W99120754.pdf","grobid_xml":"https://content.openalex.org/works/W99120754.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3175426571","https://openalex.org/W7098011125","https://openalex.org/W2310135599","https://openalex.org/W2440625473","https://openalex.org/W2284741061","https://openalex.org/W3013534974","https://openalex.org/W7217365971","https://openalex.org/W2586498178","https://openalex.org/W193150098","https://openalex.org/W3010279355"],"abstract_inverted_index":{"There":[0],"are":[1,132,208,279,328,388,528],"three":[2],"essays":[3],"in":[4,18,197,320,338,379,426,511],"this":[5,98,185,217,396,409],"research.":[6],"The":[7,464,521],"main":[8,522],"objective":[9],"of":[10,25,51,68,91,108,141,158,192,215,245,257,272,298,341,347,366,377,405,420,424,430,533],"the":[11,16,23,101,147,159,163,198,222,230,270,282,315,321,375,411,413,418,447,454,496],"research":[12,414],"is":[13,55,87,105,119,218,249,267,361,524],"to":[14,99,116,179,211,241,285,294,318,331,352,390,394,398,458,473,518,537],"extend":[15,395],"literature":[17],"corporate":[19,28],"finance":[20],"by":[21,37,46,74,162,369,483],"investigating":[22],"quality":[24,67,137,157,171,194,214,224,244,266,340,376,423,532],"earnings":[26,69,136,160,170,193,223,265,378,425,534],"around":[27,433,498],"events":[29],"like":[30,384],"net":[31,71,106,111,204,235],"share":[32,72,83],"issues,":[33],"put":[34],"option":[35],"sales":[36],"firms":[38,131,166,201,232,277,300,526],"on":[39,417,505],"their":[40,130,307],"own":[41],"stock,":[42],"and":[43,77,95,144,177,184,253,305,312,335,422,469,490,494,514],"hedging":[44,468,471,492,529],"commodities":[45],"high":[47,268,380],"input":[48,381,406],"cost":[49,382],"group":[50],"firms.\\nThe":[52],"first":[53],"paper":[54,64,248,261,360,373,412],"\"Does":[56],"Earnings":[57,254],"Quality":[58],"predicts":[59,70],"Net":[60],"Share":[61],"Issuance\".":[62],"This":[63,260,372],"investigates":[65,374],"whether":[66],"issuance":[73,84,205,236],"corporations.":[75],"Pontiff":[76],"Woodgate":[78],"(2008)":[79],"show":[80],"that":[81,129,146,264,292,525],"annual":[82],"(ISSUE)":[85],"measure":[86,100,140],"a":[88,103,139,190,286,325,427,434],"better":[89],"predictor":[90],"future":[92],"cross-sectional":[93],"returns":[94],"we":[96],"use":[97,135],"if":[102],"firm":[104,421,506],"issuer":[107],"equity":[109,125,150,183],"or":[110],"repurchasers.":[112],"Market":[113,258],"timing":[114,281,349],"due":[115,293,351],"information":[117,142,175,295,304],"asymmetry":[118,143,176],"one":[120],"reason":[121],"why":[122],"manager":[123],"issue":[124,180],"when":[126],"they":[127,327],"perceive":[128],"overvalued.":[133],"We":[134,290,343,392,478],"as":[138,324,535],"found":[145,240],"ISSUE":[148],"(net":[149,206,237],"issuance)":[151],"has":[152],"an":[153],"inverse":[154],"relationship":[155],"with":[156,167,202,233,402],"reported":[161],"firms.":[164,539],"First,":[165],"poor":[168],"(good)":[169],"have":[172,212,242,301,442,530],"higher":[173,213,339,531],"(lower)":[174],"tend":[178],"more":[181,209,400],"(less)":[182],"finding":[186],"was":[187,309],"true":[188,219],"for":[189,227,269],"variety":[191],"measures":[195],"used":[196,466],"literature.":[199],"Second,":[200],"negative":[203],"repurchasers)":[207],"likely":[210,330],"earnings;":[216],"across":[220],"all":[221],"proxies":[225],"except":[226],"one.":[228],"On":[229],"contrary":[231],"positive":[234,461],"issuers)":[238],"were":[239],"lower":[243],"earnings.\\nThe":[246],"second":[247],"\"Put":[250],"Option":[251,274],"Sales":[252],"Quality:":[255,363],"Evidence":[256],"Timing\".":[259],"provides":[262],"evidence":[263,346,416],"sample":[271,288,429],"Put":[273],"Selling":[275],"(POS)":[276],"which":[278,387,451,527],"actively":[280],"market":[283,348],"compared":[284,536],"matching":[287],"of\\nfirms.":[289],"hypothesize":[291],"asymmetry;":[296],"managers":[297],"POS":[299],"additional":[302,345],"private":[303],"estimate":[306],"stock":[308,316],"mispriced":[310],"(undervalued)":[311],"thus":[313,336],"expect":[314],"price":[317],"increase":[319],"near":[322],"future,":[323],"result":[326],"less":[329],"manage":[332],"abnormal":[333,470,491],"accruals":[334],"resulting":[337],"earnings.":[342],"provide":[344],"(mispricing":[350],"undervaluation)":[353],"using":[354],"Residual":[355],"Income":[356],"Model":[357],"(RIM).\\nThe":[358],"third":[359],"\"Earnings":[362],"A":[364],"case":[365,513],"Hedging":[367],"Strategies":[368],"US":[370,431,455],"Airlines\".":[371],"industries":[383,401],"transportation,":[385],"coffee":[386],"similar":[389,403],"Airlines.":[391],"intend":[393],"study":[397],"include":[399],"characteristics":[404],"costs.":[407],"At":[408],"stage":[410],"presents":[415],"performance":[419],"small":[428],"airlines":[432],"specific":[435],"regulation":[436],"change.":[437],"Historically":[438],"jet":[439],"fuel":[440],"prices":[441],"fluctuated":[443],"heavily,":[444],"specifically":[445],"over":[446],"past":[448],"few":[449],"years":[450],"significantly":[452],"affected":[453],"Airlines":[456],"ability":[457],"maintain":[459],"consistent":[460],"cash":[462],"flows.":[463],"companies":[465],"several":[467],"strategies":[472,481],"navigate":[474],"these":[475,480,519],"volatile":[476],"periods.":[477],"analyze":[479],"employed":[482],"dichotomizing":[484],"them":[485],"into":[486],"pure":[487],"hedge":[488],"positions":[489,493],"calculate":[495],"effect":[497],"implementing":[499],"FASB":[500],"#133":[501],"/":[502],"IASB":[503],"#39":[504],"value":[507],"among":[508],"other":[509],"variables":[510],"each":[512],"identify":[515],"behaviors":[516],"leading":[517],"decisions.":[520],"hypoThesis":[523],"speculating":[538]},"counts_by_year":[],"updated_date":"2026-11-11T12:16:26.678958","created_date":"2016-06-24T00:00:00"}