We empirically examine the influence and effects of three recognized real earnings management (REM) procedures on the debt market by investigating the bond rating decision established by analysts with respect to a firm's new bond issue, and also by exploring REM's influence in determining the...

We investigate the effect of stock option backdating on the information risk of accused companies. This research provides evidence concerning the consequences that a change in this risk may have on equity values after discovery that companies participated in this questionable behavior. We...

This study investigates the association between tax reporting aggressiveness and types of institutional ownership. We find firms with higher levels of transient institutional owners are more likely to engage in aggressive tax planning leading to permanent and temporary differences. These results...