Изглаждане на доходите и тяхната информативност
Smoothing Earnings and its Informativeness

Summary/Abstract: The consequence of smoothing earnings over its informativeness depends on the reasons for its practice on the segment of company management. If smoothing earnings is done for opportunistic purposes, it is expected to reduce its informativeness. In contrast, if management by smoothing earnings targets the transmission of their internal information about future corporate results is expected to increase its informativeness. By applying the approach of informativeness at the example of Tucker and Zarowin (2006), this survey examines how smoothing earnings influences its informativeness in a sample of Bulgarian public companies.

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