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We examine the association between CEO reputation (proxied by the extent of press coverage) and the quality of the firm's earnings (proxied by two accruals-based measures). We test three explanations for an association between these constructs: the efficient contracting hypothesis suggests that...
Persistent link: https://www.econbiz.de/10012729851
We examine the association between CEO reputation (proxied by the extent of press coverage) and the quality of the firm's earnings (proxied by two accruals-based measures). We test three explanations for an association between these constructs: the efficient contracting hypothesis suggests that...
Persistent link: https://www.econbiz.de/10012785408
Persistent link: https://www.econbiz.de/10007918685
We investigate the effects of mergers on the career outcomes of financial analysts. We hypothesize and find that analysts with good earnings forecast performance experience higher turnover during mergers, target analysts are more likely to turnover and the existence of a competing analyst in a...
Persistent link: https://www.econbiz.de/10012726459
I study whether managers use real and accrual manipulations as substitutes in managing earnings, and I study the order that managers make these decisions. I find that managers determine real manipulation before accrual manipulation. Based on this result, I use an empirical model that captures...
Persistent link: https://www.econbiz.de/10012726733
Unlike prior studies that find financial analyst turnover primarily reflects poor earnings forecast performance, we document a U-shaped relation between earnings forecast accuracy and analyst turnover surrounding mergers, i.e., top forecast performers also experience high turnover. We study...
Persistent link: https://www.econbiz.de/10012730416
We investigate the effects of mergers on the career outcomes of financial analysts. We hypothesize and find that analysts with good earnings forecast performance experience higher turnover during mergers, target analysts are more likely to turnover and the existence of a competing analyst in a...
Persistent link: https://www.econbiz.de/10012765774
Australia has seen significant rises in mortgage costs and sharp declines in housing affordability in the past decade or so, which corresponds with the introduction of the Goods and Services Tax (GST) in July 2000. To what extent the GST has impacted mortgage costs is the research question. This...
Persistent link: https://www.econbiz.de/10011267747
Persistent link: https://www.econbiz.de/10009975801
Persistent link: https://www.econbiz.de/10010797742