Farooqi, Javeria; Harris, Oneil; Ngo, Thanh - In: Journal of Multinational Financial Management 27 (2014) C, pp. 130-151
We examine the relation between corporate diversification, real earnings management, and firm value. Our analysis … activities manipulation, whereas global diversification mitigates it. The evidence also shows that real earnings management is …, as the extent of real earnings management increases, the discount associated with industrial diversification becomes …