This paper examines empirically whether sophisticated speculative short sellers can detect earnings management by targeting stocks with large income-increasing discretionary accruals and high total accruals. Prior research indicates that total accruals are overpriced and this overpricing is...

This project applies the methods of functional data analysis (FDA) to intra-daily returns of US corporations. It focuses on an extension of the Capital Asset Pricing Model (CAPM) to such returns. The CAPM is essentially a linear regression with the slope coefficient . Returns of an asset are...

While there are no federal mandates for states to establish watershed managementframeworks, many states see the benefits of doing so and have established suchapproaches. The main advantage of statewide watershed management over traditionalresource management is the cost effectiveness and the...