Tang, Ning; Hsu, Yuan-Teng; Lee, Cheng-Few; Lin, Chih-Yung - 2022
In this study, we examine the effects of lead independent directors (LIDs) on firms’ earnings management. Based on US firms from 2000–2016, those with LIDs managed earnings less as reflected by the absolute value of discretionary accruals. We further propose several economic channels that...