Balboa, Marina; López-Espinosa, Germán; Rubia, Antonio - In: Journal of Banking & Finance 37 (2013) 12, pp. 5186-5207
Several studies have analyzed discretionary accruals to address earnings-smoothing behaviors in the banking industry. We argue that the characteristic link between accruals and earnings may be nonlinear, since both the incentives to manipulate income and the practical way to do so depend...