Chen, Ching-Lung; Huang, Su-Hui; Fan, Hung-Shu - In: Journal of Economic Policy Reform 15 (2012) 2, pp. 93-108
Extant studies focus on examining the developed capital markets and reveal mixed results for the association between real activities versus accruals-based earnings management. This study establishes a set of simultaneous equations that captures managers’ behaviors to boost (or suppress)...