Invariant manifolds play an important role in the study of Dynamical Systems, since they help to reduce the essential dynamics to lower dimensional objects. In that way, a bifurcation analysis can easily be performed. In the classical approach, the reduction to invariant manifolds requires...

Though ample empirical evidence alludes to the importance of disaggregated accounting data in the context of earnings management, extant accounting theory considers biases in reporting earnings mostly at the aggregated level of the reported earnings. By analyzing reporting manipulations at the...

This study examines investor reaction to return on common equity (ROCE) and its components around the announcement of quarterly earnings. It is an issue that the accounting literature has not examined, notwithstanding the importance of ratio analysis in general and the DuPont decomposition in...