Kolsi, Mohamed Chakib; Matoussi, Hamadi - In: International Journal of Managerial and Financial Accounting 4 (2012) 2, pp. 105-124
securitisation transactions. In this paper, we present empirical evidence on the use of securitisation gains by firms for real … manipulation of reported earnings. First, the estimation of the Heckman (1979) two-step selection model shows that securitisation …