References

• 1997A Survey of Corporate Governance16,237 cited
• 2005Performance matched discretionary accrual measures6,963 cited
• 2003Earnings management and investor protection: an international comparison5,395 cited
• 2002Disentangling the Incentive and Entrenchment Effects of Large Shareholdings3,845 cited
• 1985The effect of bonus schemes on accounting decisions3,311 cited
• 2005The market pricing of accruals quality3,101 cited
• 1994Debt covenant violation and manipulation of accruals2,773 cited
• 2011The effects of bonus schemes on accounting decisions2,579 cited
• 1998Earnings Management and the Long‐Run Market Performance of Initial Public Offerings2,300 cited
• 2004CEO incentives and earnings management2,270 cited
• 2003Incentives versus standards: properties of accounting income in four East Asian countries2,078 cited
• 2000Earnings Management: Reconciling the Views of Accounting Academics, Practitioners, and Regulators1,932 cited
• 2002Corporate ownership structure and the informativeness of accounting earnings in East Asia1,919 cited
• 2006The Importance of Reporting Incentives: Earnings Management in European Private and Public Firms1,687 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.