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Institutional Stock Ownership, Accrual Management, and Information Environment
16 references·16 citing·33 second hopsampled
Institutional Stock Ownership, Accrual Management, and Information Environment (2005)Institutional Stock Ownership, Accrual Ma…Detecting Earnings Management (2012)Detecting Earnings ManagementEarnings management and corporate governance: the role of the board and the audit committee (2003)Earnings management and corpo…Audit committee, board of director characteristics, and earnings management (2002)Audit committee, board of dir…Research design issues in earnings management studies (2000)Research design issues in ear…Does size matter? The influence of large clients on office-level auditor reporting decisions (2000)Does size matter? The influen…Corporate governance proposals and shareholder activism: the role of institutional investors (2000)Corporate governance proposal…The Role of Big 6 Auditors in the Credible Reporting of Accruals (1999)The Role of Big 6 Auditors in…The Effect of Audit Quality on Earnings Management* (1998)The Effect of Audit Quality o…Earnings management and the underperformance of seasoned equity offerings11We thank Brad Barber (the referee), Randy Beatty, Vic Bernard, K.C. Chan, Kent Daniel, M. DeFond, Laura Field, David Heike, Chuan Yang Hwang, Jonathan Karpoff, S.P. Kothari, Charles Lee, Wayne Mikkelson (the editor), Tim Opler, Krishna Palepu, K. Ramesh, Jay Ritter, Terry Shevlin, Doug Skinner, Sheridan Titman, Ross Watts, Jerry Zimmerman, and seminar participants at the University of California Finance and Accounting Conference (Davis, March 1995), the NBER Corporate Finance Conference (Boston, August 1995), the Center for Research in Security Prices Seminar (Chicago, October 1995), the American Finance Association Conference (San Francisco, 1996), the American Accounting Association Conference (Chicago, August 1996), the University of Michigan, and the University of Rochester for helpful comments and discussions. (1998)Earnings management and the u…Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Causes and Consequences of Ea…Managerial ownership, accounting choices, and informativeness of earnings (1995)Managerial ownership, account…Debt-covenant violations and managers' accounting responses (1994)Debt-covenant violations and …Debt covenant violation and manipulation of accruals (1994)Debt covenant violation and m…Additional evidence on equity ownership and corporate value (1990)Additional evidence on equity…Firm characteristics and analyst following (1989)Firm characteristics and anal…The Structure of Corporate Ownership: Causes and Consequences (1985)The Structure of Corporate Ow…A literature review on corporate governance and ESG research: Emerging trends and future directions (2024)A literature review on corpor…Corporate social responsibility spending and earnings management: The moderating effect of ownership structure (2022)Corporate social responsibili…Ownership structure and real earnings management: Evidence from China (2020)Ownership structure and real …Board Quality and Earnings Management: Evidence from India (2019)Board Quality and Earnings Ma…Institutional ownership, product market competition, and earnings management: Some evidence from international data (2018)Institutional ownership, prod…Does hometown advantage matter? The case of institutional blockholder monitoring on earnings management in Korea (2017)Does hometown advantage matte…Stock Price Crash Risk: Review of the Empirical Literature (2016)Stock Price Crash Risk: Revie…Institutional Ownership Type and Earnings Quality: Evidence from Iran (2016)Institutional Ownership Type …Institutional ownership stability and real earnings management (2016)Institutional ownership stabi…Individual Large Shareholders, Earnings Management, and Capital‐Market Consequences (2016)Individual Large Shareholders…The Impact of Ownership Structure on the Financial Performance of Listed Insurance Firms in Nigeria (2014)The Impact of Ownership Struc…Which Types of Institutional Investors Constrain Abnormal Accruals? (2013)Which Types of Institutional …Political connections and tax-induced earnings management: evidence from China (2013)Political connections and tax…Audit Pricing and Nature of Controlling Shareholders: Evidence from France (2012)Audit Pricing and Nature of C…The effect of ownership concentration on CEO compensation‐firm performance relationship in New Zealand (2009)The effect of ownership conce…Board characteristics, ownership structure and earnings quality: Malaysian evidence (2008)Board characteristics, owners…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)A Survey of Corporate Governance (1997)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)The Modern Corporation and Private Property (1933)Agency Problems and Residual Claims (1983)Law and Finance (1998)Corporate Ownership Around the World (1999)Positive Accounting Theory (1985)The effect of bonus schemes on accounting decisions (1985)Earnings Management During Import Relief Investigations (1991)A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)Earnings Management through Real Activities Manipulation (2003)Performance matched discretionary accrual measures (2005)Separation of Ownership and Control (1983)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Corporate governance and the value of cash holdings (2006)The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey (2010)Do institutional investors drive corporate social responsibility? International evidence (2018)Detecting Earnings Management. (1995)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The economic implications of corporate financial reporting (2005)Higher market valuation of companies with a small board of directors (1996)Corporate Governance, Accounting Outcomes, and Organizational Performance (2007)Risk, Return, and Equilibrium: Empirical Tests (1973)Common risk factors in the returns on stocks and bonds (1993)Investor Psychology and Security Market Under‐ and Overreactions (1998)Accounting earnings and cash flows as measures of firm performance (1994)Earnings management and investor protection: an international comparison (2003)Opaque financial reports, R2, and crash risk☆ (2009)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)A review of archival auditing research (2014)
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References

  • 1985The Structure of Corporate Ownership: Causes and Consequences6,243 cited
  • 2002Audit committee, board of director characteristics, and earnings management4,633 cited
  • 1990Additional evidence on equity ownership and corporate value4,311 cited
  • 1996Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC*4,076 cited
  • 2012Detecting Earnings Management3,821 cited
  • 1998The Effect of Audit Quality on Earnings Management*3,243 cited
  • 2003Earnings management and corporate governance: the role of the board and the audit committee2,787 cited
  • 1994Debt covenant violation and manipulation of accruals2,773 cited
  • 2000Corporate governance proposals and shareholder activism: the role of institutional investors1,776 cited
  • 1998Earnings management and the underperformance of seasoned equity offerings11We thank Brad Barber (the referee), Randy Beatty, Vic Bernard, K.C. Chan, Kent Daniel, M. DeFond, Laura Field, David Heike, Chuan Yang Hwang, Jonathan Karpoff, S.P. Kothari, Charles Lee, Wayne Mikkelson (the editor), Tim Opler, Krishna Palepu, K. Ramesh, Jay Ritter, Terry Shevlin, Doug Skinner, Sheridan Titman, Ross Watts, Jerry Zimmerman, and seminar participants at the University of California Finance and Accounting Conference (Davis, March 1995), the NBER Corporate Finance Conference (Boston, August 1995), the Center for Research in Security Prices Seminar (Chicago, October 1995), the American Finance Association Conference (San Francisco, 1996), the American Accounting Association Conference (Chicago, August 1996), the University of Michigan, and the University of Rochester for helpful comments and discussions.1,638 cited
  • 1989Firm characteristics and analyst following

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1,535 cited
  • 1995Managerial ownership, accounting choices, and informativeness of earnings1,517 cited
  • 1999The Role of Big 6 Auditors in the Credible Reporting of Accruals1,410 cited
  • 1994Debt-covenant violations and managers' accounting responses1,250 cited
  • 2000Does size matter? The influence of large clients on office-level auditor reporting decisions1,191 cited
  • 2000Research design issues in earnings management studies998 cited
  • Cited by

    • 2018Institutional ownership, product market competition, and earnings management: Some evidence from international data146 cited
    • 2008Board characteristics, ownership structure and earnings quality: Malaysian evidence133 cited
    • 2016Institutional ownership stability and real earnings management112 cited
    • 2017Does hometown advantage matter? The case of institutional blockholder monitoring on earnings management in Korea106 cited
    • 2020Ownership structure and real earnings management: Evidence from China104 cited
    • 2024A literature review on corporate governance and ESG research: Emerging trends and future directions96 cited
    • 2016Stock Price Crash Risk: Review of the Empirical Literature75 cited
    • 2013Which Types of Institutional Investors Constrain Abnormal Accruals?60 cited
    • 2009The effect of ownership concentration on CEO compensation‐firm performance relationship in New Zealand58 cited
    • 2016Individual Large Shareholders, Earnings Management, and Capital‐Market Consequences56 cited
    • 2012Audit Pricing and Nature of Controlling Shareholders: Evidence from France55 cited
    • 2014The Impact of Ownership Structure on the Financial Performance of Listed Insurance Firms in Nigeria54 cited
    • 2013Political connections and tax-induced earnings management: evidence from China52 cited
    • 2016Institutional Ownership Type and Earnings Quality: Evidence from Iran51 cited
    • 2019Board Quality and Earnings Management: Evidence from India49 cited
    • 2022Corporate social responsibility spending and earnings management: The moderating effect of ownership structure48 cited