Over the last 5 years, the top accounting journals have published 388 articles that
incorporate an empirical proxy for accruals‐based earnings management. Researchers use …

Research on accounting accruals is pervasive. Yet the measurement and modeling of
accruals has developed in an ad hoc manner, resulting in a fragmented and incomplete …

This paper reconciles conflicting evidence in prior literature on the relative ability of earnings
and cash flows in predicting future cash flows. Further, we investigate the implications of …

In this study we find evidence of income-increasing accrual and real earnings management
occurring up to two quarters prior to the initial publication of a takeover rumor. We also find …

ABSTRACT Using the Financial Statement Balancing Model (FSBM) from Compustat, we
examine whether financial statement data articulate for 10,681 US nonfinancial firms for 24 …

We compare the abilities of earnings and cash flows to predict future cash flows. We take a
novel approach in that we perform apples-to-apples comparisons of five earnings …

Considerable research has evaluated the role of accruals in determining informative
earnings, with an accrual–cash flow relation at the centre of the investigation. However …

We reexamine the relative ability of earnings and cash flows in predicting future cash flows
to achieve two objectives:(1) reconcile the mixed evidence in the prior literature,(2) …

Researchers typically infer real earnings management when a firm's operating and investing
activities differ from industry norms. A significant problem with classifying deviations from …

Extant literature documents that aggregate accruals positively predict future market returns
and attributes this relation to either changes in discount rates or systematic earnings …