Lin, Fengyi; Guan, Liming; Fang, Wenchang - In: Emerging Markets Finance and Trade 47 (2011) 2, pp. 62-73
Heaping is a phenomenon in which reported numbers tend to appear in increments that are important for cultural or other reasons. This study reports that heaping is present in monthly earnings reports for publicly listed companies in Taiwan. We find that Taiwanese firms tend to report monthly...
