Gu, Zhaoyang; Lee, Chi-Wen Jevons; Rosett, Joshua G. - 2008
measure the pervasiveness of earnings management (PEM) using the properties of quarterly accrual volatility. The PEM index can … to mean-shifting studies in the literature, our measure based on accrual volatility yields two major advantages. First …-perspective on the overall patterns in earnings management. The methodology based on accrual volatility can address issues like the …