Barua, Abhijit; Legoria, Joseph; Moffitt, Jacquelyn Sue - In: Journal of Business Finance & Accounting 33 (2006-06) 5-6, pp. 653-670
This study examines whether firms with profits before accruals management are more likely than firms with losses before accruals management to meet or exceed earnings benchmarks when pre-managed earnings are below those benchmarks. We extend <link rid="b6">Brown (2001)</link> by documenting that the differential...