Recent accounting research finds that the discretionary accrual component of earnings communicates managers' private …--is associated with negative stock price effects when managers make income-increasing accruals. Opportunism that benefits … when managers make income-increasing accruals. The paper focuses on the incentives managers face in reporting earnings, and …

Performance-based pay is an important instrument to align the interests of managers with the interests of shareholders …. However, recent evidence suggests that high-powered incentives also provide managers with incentives to manipulate the firm …'s reported earnings. The previous literature has focused primarily on Chief Executive Officers, but managers further down in the …

We provide empirical evidence that managers smooth earnings using discretionary R&D spending (i.e., real smoothing …

, absent explicit compensation contracts, managers do not engage in income-increasing earnings management early in their …

compensation contracts, managers who maximize lifetime compensation in a perfectly competitive labor market would have little … the hypotheses that younger managers engage in less accruals based and real earnings management than older CEOs, even … associated with earnings management. We also find evidence that younger managers choose the “lesser of two evils” by managing …

compensation contracts, managers who maximize lifetime compensation in a perfectly competitive labor market would have little … the hypotheses that younger managers engage in less accruals based and real earnings management than older CEOs, even … associated with earnings management. We also find evidence that younger managers choose the “lesser of two evils” by managing …

managers, their contribution may be dependent on other corporate governance mechanisms, e.g. board composition, as significant …

explanation is that managers require to be compensated for the additional risk inherent in running an aggressive tax strategy. In …