An objective of both economic structural and accounting time-series literature has been to understand the economic factors driving the systematic properties of corporate earnings. The purpose of this dissertation is twofold: (1) to help explain why these research areas are unable to find the same economic factors consistently significant across studies within their respective disciplines; and (2) to investigate economic factors previously omitted in time-series research and the economic factors that have a substantive effect on corporate earnings. / The empirical evidence from this study did not support the theory that the autocorrelation function is a better dependent variable than the rate-of-return that has been used in structural research. Thus the evidence does not suggest that the inconsistencies are due to a poor choice of dependent variable. However, the evidence does suggest that inconsistent results in accounting time-series research regarding the barriers-to-entry and size variables is inconclusive for the former, however, for the latter there is strong support for the size hypothesis that consistent significant results on the size variable occur when properly proxied by the log market value of equity. However, the economic factor omitted in previous accounting time-series research is the product differentiation variable. Due to its lack of variation across the sample no conclusions can be drawn with regard to the product differentiation variable. / The investigation into which of the economic variables may have a substantive effect in quarterly time-series analysis indicated that the size variable (proxied by the log market value of equity) has a substantive effect across all lags. In addition, there is limited support for substantiveness of the barriers-to-entry and product type variables. / Source: Dissertation Abstracts International, Volume: 52-06, Section: A, page: 2197. / Major Professor: Kenneth S. Lorek. / Thesis (Ph.D.)--The Florida State University, 1991.
| Identifer | oai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_76422 |
| Contributors | Krippel, Gregory Lee., Florida State University |
| Source Sets | Florida State University |
| Language | English |
| Detected Language | English |
| Type | Text |
| Format | 230 p. |
| Rights | On campus use only. |
| Relation | Dissertation Abstracts International |
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