For this reason, the earnings variability metric used in this paper is the variance of the residuals from the regression of change in net income on several control variables identified in prior research (e.g. Lang et al., 2003 and 2006; Tarca, 2004).
For this reason, theearnings variability metric used in this paper is the variance of the residuals fromthe regression of change in net income on several control variables identified inprior research (e.g. Lang et al., 2003 and 2006; Tarca, 2004).