We review recent behavioral studies of the effects of regulation on earnings management and accounting choice. Our review examines the impact of financial reporting, auditing, and other corporate governance regulations on the beliefs and choices of managers, auditors and corporate directors....

In this paper, we examine the growing number of behavioral studies of how financial reporting, auditing, and other corporate governance regulations affect earnings management and accounting choice-related decisions of managers, auditors, and directors. We first describe how experimental and...

We investigate analysts? reactions to qualitative warnings of adverse earnings, and attempt to reconcile analysts? more negative forecast revisions, as documented in previous research, and the apparently conflicting anecdotal evidence that suggests more positive responses to firms that warn. We...