This paper examines why CFOs become involved in material accounting manipulations. We
find that while CFOs bear substantial legal costs when involved in accounting …

Building on archival, anecdotal, and survey evidence on managers׳ roles in accounting
manipulations, I develop an agency model to examine the effects of a CEO׳ s power to …

We examine how firms design bonus plans of their CFOs. CFOs participate in decision
making much like other executives, but they also have significant fiduciary responsibilities …

Despite regulatory reforms aimed at inhibiting aggressive financial reporting, earnings
management persists and continues to concern practitioners, regulators, and standard …

This study examines whether Chief Executive Officer (CEO) equity‐based holdings and
compensation provide incentives to manipulate accounting reports. While several prior …

Legislative responses to recent corporate scandals emphasize managers' responsibility for
the accuracy of financial reporting. In particular, under the Sarbanes-Oxley Act of 2002 …

We investigate involuntary chief financial officer (CFO) turnover following earnings
restatements, the labor market penalties imposed on former restatement-firm CFOs, and …

What factors impact the accounting choices of a firm? Numerous prior studies in accounting
have examined this question, focusing on various firm-level (eg, Klein 2002) and …

This study examines the association between chief financial officer (CFO) equity incentives
and earnings management. Chief executive officer (CEO) equity incentives have been …

Prior studies find inconsistent evidence regarding the effect of CEO equity incentives on
financial misreporting. We argue that this inconsistency stems from not considering detection …