Results 171 to 180 of about 102,394 (204)

The tax benefit of income smoothing

Journal of Banking & Finance, 2011
A worker can contribute pre-tax dollars to a private pension plan. Under a progressive tax, this feature reduces income taxes. Ippolito (1986) argues that an individual in 1979 can reduce lifetime taxes by 20%. We re-examine his analysis using the complete time-series of US income tax history and find that the tax benefit of income smoothing is much ...
Rydqvist, Kristian, Schwartz, Steven, Spizman, Joshua   +2 more
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Discussion of Income Smoothing

Journal of Accounting Research, 1968
In his opening paragraphs, Mr. Copeland outlines a plausible, threefold purpose for his paper, namely (1) to specify some attributes of accounting variables which have a capacity for smoothing, (2) to evaluate earlier investigations, and (3) to report on empirical investigations of three hypotheses which have implications for further research on income
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Do artificial income smoothing and real income smoothing contribute to firm value equivalently?

Journal of Banking & Finance, 2009
Abstract This paper examines the potential impacts of artificial smoothing (abnormal accruals) and real smoothing (derivatives) on firm value. We find that the value of the firm decreases with the magnitude of abnormal accruals and increases with the level of derivative use.
Pinghsun Huang, Yan Zhang, Donald R. Deis, Jacquelyn S. Moffitt   +3 more
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Income Smoothing and Idiosyncratic Volatility

SSRN Electronic Journal, 2012
In this paper we empirically evaluate the widespread belief of managers that income smoothing results into lower stock market risk. Multivariate regressions confirm that a negative relation exists between discretionary income smoothing and idiosyncratic volatility.
Garen Markarian, Belen Gill-de-Albornoz
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Labor Unions and Income Smoothing

Contemporary Accounting Research, 2012
AbstractWe study labor unions, an important stakeholder group that has not been a focus of the earnings smoothing literature. We posit that managers strike a balance between sheltering resources from employees’ profit sharing demands and catering to employees’ aversion to downside risk by smoothing earnings.
Sophia J. W. Hamm, Boochun Jung, Woo-Jong Lee   +2 more
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Is income smoothing ethical?

Journal of Corporate Accounting & Finance, 2006
Income smoothing is an active manipulation of earnings toward a predetermined target. Some smoothing devices can affect cash flow. The author discusses current income-smoothing strategies and tackles the issue of whether they are ethical. © 2006 Wiley Periodicals, Inc.
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Classificatory Smoothing: Alternative Income Models

Journal of Accounting Research, 1975
The accounting literature has extensively discussed and tested income smoothing [2, 5, 7, 8, 9, 10, 11, 14, 15, 171. However, the role of extraordinary items in the "management" of income was not specifically and separately' tested for. The latter is the focus of this paper. For the purpose of our study we operationally define smoothing as the observed
Joshua Ronen, Simcha Sadan
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Religion and income smoothing

Journal of Applied Accounting Research
PurposeThis paper empirically tests the competing hypotheses regarding the influence of local religion on managerial income smoothing decisions. On the one hand, managers of firms in more religious regions may be more inclined to engage in income smoothing, as it helps reduce uncertainty and perceived risk of the firm.
Hui L. James, Thanh Ngo, Ziyun Yang
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Smooth transition pollution–income paths

Ecological Economics, 2006
Abstract We explore the idea of regime switching as a new methodological approach in the analysis of the emission–income relationship. The basic idea is that when some threshold is passed, the economy could move smoothly to another regime, with the emission–income relationship being different between the old and the new regime.
Nektarios Aslanidis, Anastasios Xepapadeas   +1 more
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Income smoothing by Dutch hospitals

Journal of Accounting and Public Policy, 2014
Research indicates that hospitals manage their earnings. However, these findings might be influenced by methodological issues. In this study, I exploit specific features of Dutch hospitals to study income smoothing while limiting these methodological issues.
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