improve the quality of earnings and analyzed whether the control rights of a controlling shareholder mitigate the impact of … independent directors on earnings quality. Empirical results showed that independent directors can improve the quality of earnings …, and those hired because of mandatory appointments had a greater positive effect on earnings quality compared to directors …

This paper investigates how manipulating different earnings components will affect the likelihood of accounting …-related shareholder litigation. Firms can manipulate earnings upward by accelerating revenue recognition, understating expenses, and … overstating gains associated with special items. Firms can manipulate earnings downward by delaying revenue recognition …

We present empirical evidence that firms inflate earnings around seasoned equity offerings in the presence of large … behave opportunistically, we challenge that earnings management is solely a symptom of weak governance. We conclude that … strengthening shareholder power to alleviate the conflict between shareholders and management can also have the unintended …