Core Earnings & Earnings Distortion Data
The Core Earnings and Earnings Distortion ("Total Adjustments") data presented in the paper by HBS & MIT Sloan professors, forthcoming in The Journal of Financial Economics.
Core Earnings
+ Earnings Distortion from Hidden Items, Net
+ Earnings Distortion from Reported Items Pre-Tax, Net
+ Income Tax Distortion
+ Earnings Distortion from Reported Items After-Tax, Net
= Reported GAAP Net Income