This paper provides empirical evidence on whether the earnings fixation hypothesis can explain the accrual anomaly originally documented in Sloan (1996). Our analytical model yields the prediction that if investors fixate on reported earnings, the effectiveness of the accrual strategy will increase in the responsiveness of the stock price to earnings and the differential persistence of cash flo...

This endeavour aimed to empirically investigate the moderating role of corporate governance characteristics (board size, board independence, meetings, CEO duality, audit quality, nomination and remuneration committee) in dividend policy earnings quality nexus. The study was conducted on data consisting 145 non-financial companies listed Pakistan Stock Exchange (PSX) with 1450 firm-year observat...

This study examines the impact of corporate governance mechanisms and accruals flexibility on interaction between earnings management (AEM) real (REM) using a large sample Indian firms for period 2007–2015. The results show significant board effectiveness, audit committee high auditor’s quality level AEM, also we find relations REM suggesting that managers may switch from AEM to when they const...

We investigate whether audit partner level data provides a more powerful measure than office or firm measures of client importance. find that the likelihood issuing going-concern opinion (any and first-time) increases, absolute value discretionary accruals decreases, in relation to proportion fees total received by partners from all their clients. also non-audit services service fees, clients a...

This study investigates audit quality under joint and single regimes with a sample of large European firms. Both, the economic relevance these companies, fact that impact on should be stronger when audited company is blue-chip firm motivate study. If mandatory were positively associated quality, French firms, since 1966, present higher compared to their peers. The results do not indicate this c...

in this research, we investigate the influence of profit management on the long-term performance of ipos in tehran stock exchange. the ipos in 1378 to 1384 are used as our sample and their long-term return in a three-year period after the ipo are calculated. we start calculating the return from the first day after the month in which the financial statement of ipo is published. discretionary cur...