Tag: CT

  • The Profit Illusion: How Dual-Listed Companies Manipulate Earnings Reporting

    The Profit Illusion: How Dual-Listed Companies Manipulate Earnings Reporting

    Dual-listed companies often inflate profits by presenting adjusted earnings that exclude certain expenses defined by GAAP, complicating investor assessments of true profitability. Notable Israeli firms exhibit significant discrepancies between adjusted and GAAP profits, primarily due to the exclusion of share-based compensation. Investors need to critically analyze these reports to avoid overestimating financial health and future…