Fairfield and Yohn (2001) show that disaggregating change in return on assets into change in asset turnover and change in profit margin helps in predicting future profitability. For oil and gas firms, we disaggregate return on assets in the same manner and also use data envelopment analysis...

Purpose Charting the earnings numbers reported by Korean firms produces a bell curve, but for a sharp discontinuity in the area surrounding zero. The purpose of this paper is to investigate if and how a large segment of Korean managers might manage accounting numbers to produce the observed...

This study empirically examines the influence of firm performance on CEO turnover using data of all listed companies on the Korea Stock Exchange, except those in the financial industry, over the period 2000-2012. We control for endogeneity of firm performance by employing the Two-Stage Residuals...