The aim of this study is to analyze the relationship between opportunistic behaviors (free
cash flow and profitability), monitoring mechanism (leverage) and pressure behaviors …

This paper examines the abnormal accruals of a sample of 94 firms that reported debt
covenant violations in annual reports. We expect debt covenant restrictions to influence …

This paper investigates circumstances under which accruals are predicted to improve
earnings' ability to measure firm performance, as reflected in stock returns. The importance …

I review empirical research on the relation between capital markets and financial statements.
The principal sources of demand for capital markets research in accounting are fundamental …

This paper examines if the stock market prices discretionary accruals. Evidence reveals that,
on average, the market attaches value to discretionary accruals. This evidence is consistent …

We review research from the 1990s that examines the determinants and consequences of
accounting choice, structuring our analysis around the three types of market imperfections …

Prior research assumes that discretionary disclosures either (a) contribute to useful decision
making by overcoming information asymmetries between managers and firm outsiders …

Purpose–The purpose of this paper is to examine the association between earnings
management and the gender of the firm's executives. Design/methodology/approach–Panel …

Historically, bubbles are followed by crashes, which in turn are followed by punitive
legislation. The 1999–2003 era is fully consistent with this pattern….(Coffee, 2003a, p. 46) …

We examine how financial statement informativeness, analyst following, and news relate to
the information asymmetry between insiders and outsiders. Corporations' timely disclosures …