Association of Hospitality Financial Management Educators (Ahfme) Academic Member 2013 Total Annual Earnings

Earnings Management with Accruals and Financial Engineering

When a business suffers from unsuccessful competitive strategies, poor products, or pricing disadvantages, it generally tends to suffer a steady erosion of corporate value and credit quality, but no abrupt death. By contrast, revelation of large-scale earnings manipulation usually results in a quick and abrupt failure of the corporation, often in a span of just weeks or months. Thus the sudden ...

Boston Hospitality Review: Summer 2013

Boston Hospitality Review: Summer 2013

Boston Hospitality Review: Summer 2013

Three essays on earnings management, financial irregularities, and capital structure

This thesis comprises of three essays. The first essay is titled ‘Do Acquiring Firms Manage Earnings?’ and is co-authored with Professor Anand M. Vijh. The second essay is titled ‘Do Firms Have a Target Leverage? Evidence from Credit Markets’ and is joint work with Professors Anand M. Vijh and Redouane Elkamhi. The third is essay is single authored and titled ‘Bondholder Wealth Effects of Fraud...