This paper examines the effect of a change in U.S. trade policy on the domestic investment of U.S. manufacturers. Using … uncertainty exhibit relative declines in investment after the change in trade policy. Within industries, we find that this … increase in investment. We also find evidence that establishments' investment activity is smoother following the policy change …

We investigate the relationship between earnings management and the efficiency of corporate investment decisions. Using … relationship with the investment sensitivity to investment opportunities as measured by Tobin's Q. We find that the association is … accruals strategically. The concave relationship suggests that the marginal impact of earnings management on investment …