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Does Increased Board Independence Reduce Earnings Management? Evidence from Recent Regulatory Reforms
16 references·16 citing·39 second hopsampled
Does Increased Board Independence Reduce Earnings Management? Evidence from Recent Regulatory Reforms (2015)Does Increased Board Independence Reduce …Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes-Oxley Periods (2008)Real and Accrual-Based Earnin…Boards: Does one size fit all☆ (2007)Boards: Does one size fit all☆The market pricing of accruals quality (2005)The market pricing of accrual…Performance matched discretionary accrual measures (2005)Performance matched discretio…Earnings Management through Real Activities Manipulation (2003)Earnings Management through R…The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors (2002)The Quality of Accruals and E…Audit committee, board of director characteristics, and earnings management (2002)Audit committee, board of dir…Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Information asymmetry, corpor…Bad News Travels Slowly: Size, Analyst Coverage, and the Profitability of Momentum Strategies (2000)Bad News Travels Slowly: Size…Corporate governance, chief executive officer compensation, and firm performance (1999)Corporate governance, chief e…The Effect of Audit Quality on Earnings Management* (1998)The Effect of Audit Quality o…Industry costs of equity (1997)Industry costs of equityAn Empirical Analysis of the Relation between the Board of Director Composition and Financial Statement Fraud (1997)An Empirical Analysis of the …The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The Modern Industrial Revolut…Additional evidence on equity ownership and corporate value (1990)Additional evidence on equity…Large Shareholders and Corporate Control (1986)Large Shareholders and Corpor…Corporate governance and earnings management: Evidence from Vietnamese listed firms (2023)Corporate governance and earn…Real earnings management: A review of the international literature (2022)Real earnings management: A r…Corporate Board Committees and Corporate Outcomes: An International Systematic Literature Review and Agenda for Future Research (2021)Corporate Board Committees an…CEO duality, earnings quality and board independence (2021)CEO duality, earnings quality…Gender equality's impact on female directors’ efficacy: A multi-country study (2020)Gender equality's impact on f…Women on boards and bank earnings management: From zero to hero (2019)Women on boards and bank earn…Improving the measures of real earnings management (2019)Improving the measures of rea…Determinants and Consequences of Quantitative Critical Accounting Estimate Disclosures (2019)Determinants and Consequences…China's Anti‐Corruption Campaign and Financial Reporting Quality (2019)China's Anti‐Corruption Campa…Board gender diversity, corporate governance, and earnings management (2019)Board gender diversity, corpo…Board Gender Diversity and Dividend Policy in Australian Listed Firms: The Effect of Ownership Concentration (2019)Board Gender Diversity and Di…Independence, size and performance of the board: An emerging market research (2018)Independence, size and perfor…Employee Turnover Likelihood and Earnings Management: Evidence from the Inevitable Disclosure Doctrine (2018)Employee Turnover Likelihood …Board independence and firm performance: The moderating effect of institutional context (2018)Board independence and firm p…Managerial Ability and the Quality of Firms’ Information Environment (2017)Managerial Ability and the Qu…Independent director reputation incentives and stock price informativeness (2017)Independent director reputati…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)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Conditional Skewness in Asset Pricing Tests (2000)Separation of Ownership and Control (1983)Earnings Management During Import Relief Investigations (1991)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)Management ownership and market valuation (1988)Higher market valuation of companies with a small board of directors (1996)Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature (2001)Corporate Governance and Equity Prices (2003)On the use of instrumental variables in accounting research (2009)Mergers and the Market for Corporate Control (1965)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Law and Finance (1998)Corporate Ownership Around the World (1999)Performance Pay and Top-Management Incentives (1990)Agency costs of free cash flow, corporate finance, and takeovers (1996)Accounting earnings and cash flows as measures of firm performance (1994)A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)Errors in Estimating Accruals: Implications for Empirical Research (2002)How does financial reporting quality relate to investment efficiency? (2009)Experimental and Quasi-Experimental Designs for Research (1963)Risk, Return, and Equilibrium: Empirical Tests (1973)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Corporate financing and investment decisions when firms have information that investors do not have (1984)The economic implications of corporate financial reporting (2005)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)A review of tax research (2010)
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References

  • 1993The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems8,544 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 2001Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature7,391 cited
  • 2005Performance matched discretionary accrual measures6,963 cited
  • 1997Industry costs of equity5,793 cited
  • 2003Earnings Management through Real Activities Manipulation5,422 cited
  • 2002The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors5,163 cited
  • 2002Audit committee, board of director characteristics, and earnings management4,633 cited
  • 1999Corporate governance, chief executive officer compensation, and firm performance4,334 cited
  • 1990Additional evidence on equity ownership and corporate value4,311 cited
  • 1997An Empirical Analysis of the Relation between the Board of Director Composition and Financial Statement Fraud3,518 cited
  • 1998The Effect of Audit Quality on Earnings Management*3,243 cited
  • 2005The market pricing of accruals quality3,101 cited
  • 2007Boards: Does one size fit all☆3,088 cited
  • 2008Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes-Oxley Periods

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3,082 cited
  • 2000Bad News Travels Slowly: Size, Analyst Coverage, and the Profitability of Momentum Strategies2,639 cited
  • Cited by

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    • 2022Real earnings management: A review of the international literature163 cited
    • 2019Board Gender Diversity and Dividend Policy in Australian Listed Firms: The Effect of Ownership Concentration161 cited
    • 2018Board independence and firm performance: The moderating effect of institutional context148 cited
    • 2018Employee Turnover Likelihood and Earnings Management: Evidence from the Inevitable Disclosure Doctrine132 cited
    • 2017Managerial Ability and the Quality of Firms’ Information Environment128 cited
    • 2018Independence, size and performance of the board: An emerging market research128 cited
    • 2017Independent director reputation incentives and stock price informativeness124 cited
    • 2021Corporate Board Committees and Corporate Outcomes: An International Systematic Literature Review and Agenda for Future Research113 cited
    • 2019Improving the measures of real earnings management111 cited
    • 2023Corporate governance and earnings management: Evidence from Vietnamese listed firms111 cited
    • 2020Gender equality's impact on female directors’ efficacy: A multi-country study110 cited
    • 2019Determinants and Consequences of Quantitative Critical Accounting Estimate Disclosures108 cited
    • 2021CEO duality, earnings quality and board independence100 cited