Gabrielsen, Gorm; Gramlich, Jeffrey D.; Plenborg, Thomas - In: Journal of Business Finance & Accounting 29 (2002) 7&8, pp. 967-988
This study employs Danish data to examine the empirical relationship between the proportion of managerial ownership and two characteristics of accounting earnings: the information content of earnings and the magnitude of discretionary accruals. In previous research concerning American firms,...