Purpose – The purpose of this paper is to investigate the relation between the value of executive director share ownership and discretionary accruals. Design/methodology/approach – This study uses a dataset of 1,173 firm‐year observations drawn from 188 Australian listed companies for the...

We investigate the relationship between managerial share ownership (MSO) and earnings as a measure of operating performance in Australia. To mitigate potential earnings management, we also use discretionary accrual adjusted earnings as an alternative measure of performance. We document a...

The increasing significance of ethics in the accounting profession is evidenced by the seminal events that witnessed the collapse of major corporations (e.g. Enron and WorldCom); regulatory interventions (e.g. Sarbanes-Oxley Act in the USA and the CLERP 9 Act in Australia); and calls for...