Purpose Research dealing with earnings management in the public-sector context is
expanding. This paper aims to review the existing literature to understand how research is …

Purpose Despite the growing body of empirical literature on earnings management in
municipal bodies and enterprises on the municipal level, the theoretical foundations often …

This paper examines if financial distress and/or peer influence predict local governments'
earnings management in the context of municipal healthcare expense reporting in Finland …

In general, prior research offers empirical support for the idea that audit industry
specialisation is associated with higher audit quality in public sector organisations. A …

The growth of unfunded pension liabilities has raised concern over states' fiscal
sustainability and threatens their ability to access the capital market. Over the past decade …

One important aspect of public finance is understanding expenditure allocations among
competing purposes. Applying the public choice paradigm and fiscal illusion framework, this …

Cities now commonly engage with financial actors, tools, and markets to manage their
budgets and associated activities. The growing significance of finance within urban …

The funding ratio is a financial indicator to measure the viability of pension funds. The paper
analyzes how Swiss occupational pension funds' technical discount rate and asset …

This paper detects whether and to what extent accounting manipulations take place during
the reconciliation process from government accounts (GA) to national accounts (NA) when …

Public pensions in the United States face an impending funding crisis in the wake of the
financial crisis and the COVID-19 recession. Many cities and states will struggle to meet …