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Elections and earnings management: evidence from municipally-owned entities
16 references·3 citing·32 second hop
Elections and earnings management: evidence from municipally-owned entities (2020)Elections and earnings management: eviden…Political Uncertainty and Corporate Investment Cycles (2012)Political Uncertainty and Cor…Detecting Earnings Management (2012)Detecting Earnings ManagementPolitically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)Politically connected CEOs, c…Earnings quality in UK private firms: comparative loss recognition timeliness (2004)Earnings quality in UK privat…The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors (2002)The Quality of Accruals and E…A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)A Review of the Earnings Mana…The Effect of Audit Quality on Earnings Management* (1998)The Effect of Audit Quality o…Earnings management to avoid earnings decreases and losses (1997)Earnings management to avoid …Estimating long-run relationships from dynamic heterogeneous panels (1995)Estimating long-run relations…Detecting Earnings Management. (1995)Detecting Earnings Management.Earnings Management During Import Relief Investigations (1991)Earnings Management During Im…Towards a Positive Theory of the Determination of Accounting Standards. (1978)Towards a Positive Theory of …The Political Business Cycle (1975)The Political Business CycleRisk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…The Calculus of Consent. (1962)The Calculus of Consent.An Economic Theory of Political Action in a Democracy (1957)An Economic Theory of Politic…Municipal corporations in national and disciplinary contexts: A systematic literature review and future research agenda (2025)Municipal corporations in nat…Sustainability disclosure and reporting by municipally owned water utilities (2022)Sustainability disclosure and…Earnings management in state-owned enterprises: bringing publicness back in (2021)Earnings management in state-…Biases in Dynamic Models with Fixed Effects (1981)Economic Growth in a Cross Section of Countries (1989)Economic Growth in a Cross Section of Countries (1991)Econometric Analysis of Cross Section and Panel Data (2001)Testing for unit roots in heterogeneous panels (2003)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)The economic implications of corporate financial reporting (2005)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)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)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Accounting earnings and cash flows as measures of firm performance (1994)Errors in Estimating Accruals: Implications for Empirical Research (2002)How does financial reporting quality relate to investment efficiency? (2009)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)A review of archival auditing research (2014)Debt covenant violation and manipulation of accruals (1994)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Earnings management and investor protection: an international comparison (2003)Earnings Management through Real Activities Manipulation (2003)Performance matched discretionary accrual measures (2005)Political Parties and Macroeconomic Policy (1977)Trust and Growth (2001)Democracy and dictatorship revisited (2009)Spatial Models of Party Competition (1963)Boomerang Effects in Science Communication (2011)Polarization and the Global Crisis of Democracy: Common Patterns, Dynamics, and Pernicious Consequences for Democratic Polities (2018)
this work references cited by second hop

References

  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1991Earnings Management During Import Relief Investigations8,369 cited
  • 1995Detecting Earnings Management.6,532 cited
  • 1995Estimating long-run relationships from dynamic heterogeneous panels5,474 cited
  • 2002The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors5,163 cited
  • 1999A Review of the Earnings Management Literature and Its Implications for Standard Setting4,637 cited
  • 1975The Political Business Cycle3,951 cited
  • 1997Earnings management to avoid earnings decreases and losses3,839 cited
  • 2012Detecting Earnings Management3,821 cited
  • 1957An Economic Theory of Political Action in a Democracy3,299 cited
  • 1998The Effect of Audit Quality on Earnings Management*3,243 cited
  • 2007Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆2,736 cited
  • 1978Towards a Positive Theory of the Determination of Accounting Standards.2,664 cited
  • 2004Earnings quality in UK private firms: comparative loss recognition timeliness2,377 cited
  • 2012Political Uncertainty and Corporate Investment Cycles2,148 cited

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  • 1962The Calculus of Consent.2,059 cited
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    • 2022Sustainability disclosure and reporting by municipally owned water utilities40 cited
    • 2021Earnings management in state-owned enterprises: bringing publicness back in29 cited
    • 2025Municipal corporations in national and disciplinary contexts: A systematic literature review and future research agenda4 cited