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The Incremental Information Content of Capital Expenditures.

Joseph Kerstein; Sung-Soo Kim

The Accounting Review 1995

Abstract Studies whether capital expenditures provide value relevant information which is incremental to that of current earnings. Value relevance of individual firm factors; Development of factors for risk and growth; Sensitivity of predisclosure information on capital expenditures to the firm's size.

DOI
10.2308/tar-9508184638
Volume
70 (3)
Pages
513-526
Language
en
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