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Performance Matched Discretionary Accrual Measures
14 references·16 citing·27 second hop
Performance Matched Discretionary Accrual Measures (2001)Performance Matched Discretionary Accrual…Detecting Earnings Management (2012)Detecting Earnings ManagementConservatism in Accounting Part I: Explanations and Implications (2003)Conservatism in Accounting Pa…Errors in Estimating Accruals: Implications for Empirical Research (2002)Errors in Estimating Accruals…Empirical research on accounting choice (2001)Empirical research on account…On the Association between Voluntary Disclosure and Earnings Management (1999)On the Association between Vo…The relation between earnings and cash flows (1998)The relation between earnings…Earnings Management and the Long‐Run Market Performance of Initial Public Offerings (1998)Earnings Management and the L…The conservatism principle and the asymmetric timeliness of earnings1 (1997)The conservatism principle an…The pricing of discretionary accruals (1996)The pricing of discretionary …Detecting Earnings Management. (1995)Detecting Earnings Management.Earnings Management During Import Relief Investigations (1991)Earnings Management During Im…Positive Accounting Theory (1985)Positive Accounting TheoryRisk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Experimental and Quasi-Experimental Designs for Research (1963)Experimental and Quasi-Experi…Incorrect Inferences When Using Residuals as Dependent Variables (2018)Incorrect Inferences When Usi…Corruption culture and corporate misconduct (2016)Corruption culture and corpor…Short Selling and Earnings Management: A Controlled Experiment (2015)Short Selling and Earnings Ma…Religious Social Norms and Corporate Financial Reporting (2012)Religious Social Norms and Co…Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets (2011)Financial Reporting Quality a…Effects of Audit Quality on Earnings Management and Cost of Equity Capital: Evidence from China* (2011)Effects of Audit Quality on E…The quality of accounting information in politically connected firms (2010)The quality of accounting inf…CFOs and CEOs: Who have the most influence on earnings management? (2010)CFOs and CEOs: Who have the m…Relationship-Specific Investments and Earnings Management: Evidence on Corporate Suppliers and Customers (2008)Relationship-Specific Investm…Audit Partner Tenure, Audit Firm Tenure, and Discretionary Accruals: Does Long Auditor Tenure Impair Earnings Quality?* (2008)Audit Partner Tenure, Audit F…Earnings Momentum and Earnings Management (2007)Earnings Momentum and Earning…Internal governance structures and earnings management (2005)Internal governance structure…Ultimate Ownership, Income Management, and Legal and Extra‐Legal Institutions (2004)Ultimate Ownership, Income Ma…Earnings Management: New Evidence Based on Deferred Tax Expense (2003)Earnings Management: New Evid…Do Nonaudit Services Compromise Auditor Independence? Further Evidence (2003)Do Nonaudit Services Compromi…Insider Trading, Earnings Quality, and Accrual Mispricing (2002)Insider Trading, Earnings Qua…Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)An Empirical Evaluation of Accounting Income Numbers (1968)Dividend Policy under Asymmetric Information (1985)The effect of international institutional factors on properties of accounting earnings (2000)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)On Persistence in Mutual Fund Performance (1997)Common risk factors in the returns on stocks and bonds (1993)On financial contracting (1979)The information content of losses (1995)The financial reporting environment: Review of the recent literature (2010)Accounting earnings and cash flows as measures of firm performance (1994)Debt covenant violation and manipulation of accruals (1994)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The cost of capital, corporation finance and the theory of investment (2008)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Performance matched discretionary accrual measures (2005)The economic implications of corporate financial reporting (2005)Earnings management and investor protection: an international comparison (2003)Earnings Management through Real Activities Manipulation (2003)Determining Validity in Qualitative Inquiry (2000)Mixed Methods Research: A Research Paradigm Whose Time Has Come (2004)A meta-analytic test of intergroup contact theory. (2006)
this work references cited by second hop

References

  • 1963Experimental and Quasi-Experimental Designs for Research15,090 cited
  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1991Earnings Management During Import Relief Investigations8,369 cited
  • 1995Detecting Earnings Management.6,532 cited
  • 1985Positive Accounting Theory5,837 cited
  • 1997The conservatism principle and the asymmetric timeliness of earnings13,988 cited
  • 2012Detecting Earnings Management3,821 cited
  • 2003Conservatism in Accounting Part I: Explanations and Implications2,768 cited
  • 1998Earnings Management and the Long‐Run Market Performance of Initial Public Offerings2,300 cited
  • 2001Empirical research on accounting choice1,764 cited
  • 2002Errors in Estimating Accruals: Implications for Empirical Research1,683 cited
  • 1996The pricing of discretionary accruals1,662 cited
  • 1998The relation between earnings and cash flows1,552 cited
  • 1999On the Association between Voluntary Disclosure and Earnings Management1,218 cited

Cited by

  • 2003Do Nonaudit Services Compromise Auditor Independence? Further Evidence1,467 cited

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2011
Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets
1,260 cited
  • 2010The quality of accounting information in politically connected firms1,186 cited
  • 2005Internal governance structures and earnings management817 cited
  • 2003Earnings Management: New Evidence Based on Deferred Tax Expense726 cited
  • 2010CFOs and CEOs: Who have the most influence on earnings management?725 cited
  • 2018Incorrect Inferences When Using Residuals as Dependent Variables702 cited
  • 2007Earnings Momentum and Earnings Management652 cited
  • 2011Effects of Audit Quality on Earnings Management and Cost of Equity Capital: Evidence from China*645 cited
  • 2008Relationship-Specific Investments and Earnings Management: Evidence on Corporate Suppliers and Customers619 cited
  • 2004Ultimate Ownership, Income Management, and Legal and Extra‐Legal Institutions593 cited
  • 2016Corruption culture and corporate misconduct582 cited
  • 2012Religious Social Norms and Corporate Financial Reporting564 cited
  • 2008Audit Partner Tenure, Audit Firm Tenure, and Discretionary Accruals: Does Long Auditor Tenure Impair Earnings Quality?*537 cited
  • 2002Insider Trading, Earnings Quality, and Accrual Mispricing510 cited
  • 2015Short Selling and Earnings Management: A Controlled Experiment485 cited