Researchers have used various measures as indications of “earnings quality” including
persistence, accruals, smoothness, timeliness, loss avoidance, investor responsiveness …

We test the effect of audit effort on earnings management using a unique database of hours
worked by auditors on 9,738 audits in Greece between 1994 and 2002. When audit hours …

The accounting literature includes numerous examples of discontinuities at prominent
benchmarks that are widely interpreted as evidence that earnings are managed to meet …

We examine how adjustments to earnings during year-end audits affect measures of
earnings quality. There are four key findings. First, audit adjustments cause earnings to …

Building on archival, anecdotal, and survey evidence on managers׳ roles in accounting
manipulations, I develop an agency model to examine the effects of a CEO׳ s power to …

The board structure of an organization gives an overview of the standard of such
organization, which also influences its public image. This study attempts to evaluate the role …

Empirical evidence suggests that firms manage earnings to avoid reporting losses or
earnings decreases or to meet analysts' expectations. 1 If firms manage earnings to meet or …

ABSTRACT A vast literature following Hayn [1995] and Burgstahler and Dichev [1997]
attributed the so‐called “discontinuities” in earnings distributions around zero to earnings …

We investigate whether senior officers use accrual-based earnings management to meet
voluntary earnings disclosure (ie, management earnings forecasts) before selling or buying …

Non-controlling large shareholders play an important role in corporate governance in
emerging markets where controlling shareholder expropriation is a major concern. We …