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A Theory of Income Smoothing When Insiders Know More than Outsiders
16 references·2 citing·41 second hop
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  • 1996Financial Dependence and Growth8,055 cited
  • 1988Management ownership and market valuation6,910 cited
  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
  • 2005The economic implications of corporate financial reporting6,337 cited
  • 2003Earnings Management through Real Activities Manipulation5,422 cited
  • 1990Additional evidence on equity ownership and corporate value4,311 cited
  • 1985Dividend Policy under Asymmetric Information3,459 cited
  • 1956DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES3,426 cited
  • 1999Managerial Incentive Problems: A Dynamic Perspective3,169 cited
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  • 1989Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior2,585 cited
  • 1996Law and Finance2,451 cited
  • 2004The Economic Implications of Corporate Financial Reporting1,998 cited
  • 1991

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Optimal Incentive Contracts in the Presence of Career Concerns: Theory and Evidence
1,876 cited

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  • 2008Payout Policy, Financial Flexibility, and Agency Costs of Free Cash Flow24 cited
  • 2014Earnings Smoothing: For Good or Evil?18 cited