Results 251 to 260 of about 18,621 (269)

Estimation sample selection for discretionary accruals models

Journal of Accounting and Economics, 2013
We examine how the criteria for choosing estimation samples affect the ability to detect discretionary accruals, using several variants of the Jones (1991) model. Researchers commonly estimate accruals models in cross-section, and define the estimation sample as all firms in the same industry.
Frank Ecker, Jennifer Francis, Per Olsson, Katherine Schipper   +3 more
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Two essays on discretionary accruals

2014
This paper investigates whether managers manipulate accruals to help their firms emerge from Chapter 11 reorganization. Chapter 11 reorganization provides a very strong incentive: managers will lose their jobs or even their career if the firms are liquidated.
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What motivates managers' choice of discretionary accruals?

Journal of Accounting and Economics, 1996
Abstract The papers by Subramanyam (1996) and Kasanen, Kinnunen, and Niskanen (KKN, 1996) both consider why managers manipulate accounting accruals. Subramanyam finds that discretionary accruals are associated with several performance measures, and concludes that managers' accrual choices increase the informativeness of accounting earnings.
Victor L. Bernard, Douglas J. Skinner
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Discretionary Accruals, Earnings Management, and Earnings Benchmarks

SSRN Electronic Journal, 2005
This study examines whether firms just above and just below three earnings benchmarks (loss avoidance, earnings changes, and analyst forecast) have differing levels of discretionary accruals. If discretionary accruals are a measure of earnings management, then firms above (benchmark beaters) and firms below a benchmark should have differing levels of ...
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Voluntary management earnings forecasts and discretionary accruals: evidence from Danish IPOs

European Accounting Review, 2004
This paper seeks to determine whether Danish managers exercise discretionary accruals to reach earnings forecast targets they voluntarily specify in conjunction with initial public offerings (IPOs). Because the Danish accounting and legal environment is more permissive than the US, we use Denmark as a natural laboratory for learning how business would ...
Gramlich, Jeffrey, Sørensen, Ole Vagn
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Discretionary Accruals, Managers' Incentives, and Stock Prices

SSRN Electronic Journal, 1998
Recent accounting research finds that the discretionary accrual component of earnings communicates managers' private information to stock market participants. We show that effects related to managerial compensation contracts and corporate debt agreements influence how the stock market interprets the discretionary component.
Eric G. Press, Wonsun D. Paek
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Discretionary Accruals and the Emergence of Profitability

Journal of Accounting, Auditing & Finance, 2009
This study examines discretionary accruals associated with firms' reaching profitability after a series of quarterly losses. As firms approach profitability, we posit they will be characterized with less income increasing discretion given the reversing nature of accruals. We find results consistent with this expectation.
Michael Mosebach, Paul J. Simko
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Elections and Discretionary Accruals: Evidence from 2004

Journal of Accounting Research, 2010
ABSTRACTWe examine the accrual choices of outsourcing firms with links to U.S. congressional candidates during the 2004 elections, when corporate outsourcing was a major campaign issue. We find that politically connected firms with more extensive outsourcing activities have more income‐decreasing discretionary accruals.
KARTHIK RAMANNA, SUGATA ROYCHOWDHURY
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The Association of Preaudit Engagement Risk with Discretionary Accruals

Journal of Accounting, Auditing & Finance, 2007
In an archival study of audits by multiple offices of three international audit firms, we examine whether preaudit engagement risk assessments made by the auditor are associated with estimated postaudit discretionary accruals. We find that preaudit engagement risk is significantly and positively associated with the estimated level of discretionary ...
Mock, T.J., Turner, J, Manry, D.
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Hierarchy of earnings thresholds based on discretionary accruals

Advances in Accounting, 2019
Abstract Prior studies identify hierarchies of earnings thresholds based on distributions of earnings (e.g., Degeorge et al., 1999 ) and survey opinions of CFOs (Graham, Harvey, & Rajgopal, 2005). We complement extant literature by investigating a threshold hierarchy in the context of accounting discretion exercised by managers.
Abhijit Barua, Jung Hoon Kim, Sheng Yi
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