Results 261 to 270 of about 15,808 (298)

Anticipatory Income Smoothing: A Re-Examination

SSRN Electronic Journal, 2000
This paper reassesses evidence of anticipatory income smoothing reported in DeFond and Park (1997) in light of knowledge about the shortcomings in the model used to identify the managed component of reported earnings. Our tests demonstrate that the empirical results reported in DeFond and Park are implicitly guaranteed by the method used to classify ...
Pieter T Elgers, Ray J Pfeiffer, Susan L Porter   +2 more
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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: An Experiment.

The Accounting Review, 1981
Abstract ABSTRACT: This study consists of a laboratory experiment that examines the income smoothing process with respect to motivation (reflected by the cost of smoothing), type of smoothing variable (real or artificial) and management structure (diverse or concentrated ownership). The results indicate that less smoothing occurs when
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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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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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SMOOTHING PERIODIC INCOME.

The Accounting Review, 1953
Abstract Fifty years ago the principal interest of those concerned with the financial data of business enterprises centered on the periodic display of assets and liabilities (balance sheet). Over the course of the last half century there is little question that a pronounced shift in the interest of the users of published corporate ...
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Do international investment income flows smooth income?

Review of World Economics, 2001
Do International Investment Income Flows Smooth Income? — One mechanism by which international capital market integration can smooth consumption is to stabilize national income. In order to provide income smoothing, net international investment income should negatively co-vary with GDP.
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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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Religion and income smoothing

Journal of Applied Accounting Research
Purpose This 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 ...
Hui L. James, Thanh Ngo, Ziyun Yang
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An Explanation for Accounting Income Smoothing

Journal of Accounting Research, 1988
It is widely believed that corporate managers often engage in income smoothing, taking actions to dampen fluctuations in their firms' publicly reported net income. One reason given for this is that managers think that investors pay more for a firm with a smoother income stream.
Brett Trueman, Sheridan Titman
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