Residuals from <scp>two‐step</scp> research designs

نویسندگان

چکیده

A number of studies have begun to question the appropriateness widespread and pervasive usage regressions in two-step research designs accounting literature obtain variables. The use residuals from a first-step model as dependent variable second step has been used contexts such earnings management unexpected audit fees. In this paper, I provide discussion issues within step. Taking case discretionary accruals models, demonstrate some specification explicitly implicitly considered these criticisms. then add over concerns regarding economic interpretation residuals.

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ژورنال

عنوان ژورنال: Accounting and finance

سال: 2022

ISSN: ['0810-5391', '1467-629X']

DOI: https://doi.org/10.1111/acfi.12992