Prevalence of the Zero-Earnings Discontinuity in Quarterly Reported Earnings
Journal of Accounting, Auditing & Finance
Published online on April 30, 2025
Abstract
Journal of Accounting, Auditing & Finance, Volume 41, Issue 2, Page 676-707, April 2026.
We examine the persistence of the zero-earnings discontinuity in quarterly earnings around the adoption of the Sarbanes-Oxley Act in 2002. Previous studies find that the zero-earnings discontinuity in annual earnings disappears after the adoption of the ...
We examine the persistence of the zero-earnings discontinuity in quarterly earnings around the adoption of the Sarbanes-Oxley Act in 2002. Previous studies find that the zero-earnings discontinuity in annual earnings disappears after the adoption of the ...