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This paper studies how investors infer CEO commitment to honesty from earnings management and how these perceptions … honesty when they infer that the CEO engaged less in earnings management. For investment decisions, a one standard deviation … increase in a CEO's perceived commitment to honesty compared to another CEO reduces the relevance of differences in the CEOs …
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Modern communication technologies enable efficient exchange of information, but often sacrifice direct human interaction inherent in more traditional forms of communication. This raises the question of whether the lack of personal interaction induces individuals to exploit informational...
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