Download or read book Three Essays on the Dynamics of Earning Management written by Xiao Zhang and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Real Earnings Management written by Zhaohui Xu and published by . This book was released on 2007 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Earnings Management Using Real Business Operations written by Lingxiang Li and published by . This book was released on 2012 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Earnings Management to Sustain an Earnings String written by Kyunga Na and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Earnings Management written by Kōstas Pappas and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Earnings Management Evidence from UK written by Muhammad Azam and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Earnings Management written by Joshua Ronen and published by Springer Science & Business Media. This book was released on 2008 with total page 587 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a study of earnings management, aimed at scholars and professionals in accounting, finance, economics, and law. The authors address research questions including: Why are earnings so important that firms feel compelled to manipulate them? What set of circumstances will induce earnings management? How will the interaction among management, boards of directors, investors, employees, suppliers, customers and regulators affect earnings management? How to design empirical research addressing earnings management? What are the limitations and strengths of current empirical models?
Download or read book Three Essays on Earnings Dynamics written by and published by . This book was released on 2015 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis consists of three essays that use modern econometric methods to empirically study earnings dynamics in the United States using samples drawn from the Panel Study of Income Dynamics (PSID). In Chapter 2, I study a non-linear parametric model that allows an agent's future earning to depend on the earning quantile he occupies in the current period. Such dynamics reflect a different set of opportunities opened up to an agent once he changes position in the earning distribution. Chapter 3 extends the model presented in Chapter 2 to take into account the accumulation of agents' past experiences by allowing an agent's earning process to depend on both his current quantile position and the average of his previous quantiles. The current quantile position represents an agent's current opportunity or luck whereas the average of his previous quantiles assumes the role of his past experiences. I estimate the models using a method of indirect inference called simulated minimum distance. I find that the underlying process differs across the earning distribution. In particular, individuals in the bottom quantile have a unit root process whereas individuals in upper quantiles have a stationary process with the top quantile workers having the lowest autoregressive coefficients. Chapter 3 shows that a model specification with a higher weight assigned to luck, the current quantile position, has better predictions for the earning mobility presented from the data. This result implies that luck certainly plays a role in the earning process. In Chapter 4, I study the earning mobility of US households using nonparametric quantile regressions. I estimate future earning quantiles for individuals from every initial earning level. I find that earning mobility tends to improve in more recent years or over a longer time span. Moreover, the substantial non-linearity found in upper earning distribution suggests that relatively higher earners face more earning uncertainty than others. In addition, the slopes of quantiles as a function of initial earnings are flatter in the long run. Therefore, more than half of high earners experience an earning decline whereas the majority of low earners experience an earning increase in the long run.
Download or read book Essays on Real Earnings Management written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays on Real Earnings Management.
Download or read book Three Essays on Earnings Quality written by Trí Tri Nguyễn and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Earnings Management written by Joshua Ronen and published by Springer Science & Business Media. This book was released on 2008-08-06 with total page 587 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a study of earnings management, aimed at scholars and professionals in accounting, finance, economics, and law. The authors address research questions including: Why are earnings so important that firms feel compelled to manipulate them? What set of circumstances will induce earnings management? How will the interaction among management, boards of directors, investors, employees, suppliers, customers and regulators affect earnings management? How to design empirical research addressing earnings management? What are the limitations and strengths of current empirical models?
Download or read book Essays on the Quality of Earnings written by Anke Lenk and published by . This book was released on 2010 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Earnings Management written by Kamran Malikov and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Corporate Finance written by Binay Kumar Adhikari and published by . This book was released on 2015 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of three essays in corporate finance. There are five chapters. In the first essay, we find that local gambling preferences have economically meaningful effects on corporate innovation. Using a county's Catholics-to-Protestants ratio as a proxy for local gambling preferences, we show that firms headquartered in areas with greater tolerance for gambling tend to be more innovative, i.e. they spend more on R & D, and obtain more and better quality patents. These results are supported by several robustness checks, tests to mitigate identification concerns, and analyses of several secondary implications. Investment in innovation makes a stock more lottery-like, a feature desired by individuals with a taste for gambling. Gambling preferences of both local investors and managers appear to influence firms' innovative endeavors and facilitate transforming their industry growth opportunities into firm value. In the second essay, we find robust evidence that banks headquartered in more religious areas take less risk and remain less vulnerable to financial crises. To reduce risk, these banks grow their assets more slowly, hold safer assets, rely less on non-traditional banking, and provide less incentives to their executives to increase risks. Local religiosity has a more pronounced influence on risks among banks for which local investors and managers are more important. But these banks command lower market valuations during normal times. Overall, this paper provides the first empirical evidence of the importance of human behavior in bank risk-taking. In the third essay, I examine the influence of sell-side financial analysts on corporate social responsibility (CSR), and find that firms with greater analyst coverage tend to be less socially responsible. To establish causality, I employ a difference-in-differences (DiD) technique, using brokerage closures and mergers as exogenous shocks to analyst coverage, as well as an instrumental variables approach. Both identification strategies suggest that analyst coverage has a negative causal effect on CSR. My findings are consistent with the view that spending on CSR is a manifestation of agency problem, and that financial analysts exert pressure on managers to cut back such discretionary spending.
Download or read book Essays on Earnings Management written by Nikolaj Kirkeby Niebuhr and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Introduction to Earnings Management written by Malek El Diri and published by Springer. This book was released on 2017-08-20 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides researchers and scholars with a comprehensive and up-to-date analysis of earnings management theory and literature. While it raises new questions for future research, the book can be also helpful to other parties who rely on financial reporting in making decisions like regulators, policy makers, shareholders, investors, and gatekeepers e.g., auditors and analysts. The book summarizes the existing literature and provides insight into new areas of research such as the differences between earnings management, fraud, earnings quality, impression management, and expectation management; the trade-off between earnings management activities; the special measures of earnings management; and the classification of earnings management motives based on a comprehensive theoretical framework.
Download or read book Two essays on earnings management and capital markets written by Arturo Rodriguez Perales and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
