Li, Shuangyan; Wang, Guangrui; Luo, Yongli - In: Financial innovation : FIN 8 (2022), pp. 1-24
This study investigates the relationship between the tone of financial disclosures and managers' earnings management behavior using Form 20-F filings of Chinese firms listed in the U.S. during 2002-2014. The results show that the proportion of positive, uncertain, or modal words used in...