Accruals are regarded as investments in working capital and are an integral component in the growth process of firms. By assuming asymmetry of information among investors when predicting the return...

中文翻译：

---

应计项目异常可以用信息结构引发的逆向选择风险来解释：以日本证券市场为例

应计费用被视为营运资本投资，是公司成长过程中不可或缺的组成部分。通过在预测回报时假设投资者之间的信息不对称......