We investigate the effect of financial statement comparability on banks' earnings smoothing behavior through loan-loss provisioning. Financial statement comparability makes information about peers accessible to outside investors and, thereby, improves transparency and the information...

This article examines the relation between firm-level political risk (PRISK) and real earnings management (REM). Using a sample of U.S. firms from 2002 to 2019, we find that PRISK increases REM. This finding remains robust to using alternative measures of PRISK, alternative regression models,...