L会计研究方法论简介.pptVIP

Objectives of Empirical Research 1) Describe: “what is”, just Y Example: Performance of listed companies in HK 2) Explain: Because X, so Y Example: Performance of companies (Y) after merger (X) 3) Predict: Next time, if X occurs, Y will follow Now two companies merge, will they perform better in the future as one single company? Empirical research usually do (1) and (2), and leave (3) as possible implications Direct predictive research: earnings and bankruptcy predications * 第三十页，共五十二页。 实证分析步骤 1. Identification of research questions 2. Development of hypotheses 3. Research design 4. Collectio