-year observations from the United States (US) from 2005–2019 suggest that firms with more capable managers tend to make more climate …

invest in the firm targeted by the activism. We also find that when managers disclose an optimistic earnings guidance …

compensation contracts, managers who maximize lifetime compensation in a perfectly competitive labor market would have little … the hypotheses that younger managers engage in less accruals based and real earnings management than older CEOs, even … associated with earnings management. We also find evidence that younger managers choose the “lesser of two evils” by managing …

compensation contracts, managers who maximize lifetime compensation in a perfectly competitive labor market would have little … the hypotheses that younger managers engage in less accruals based and real earnings management than older CEOs, even … associated with earnings management. We also find evidence that younger managers choose the “lesser of two evils” by managing …

We examine the effect of employment contract horizon on managers' discretion in financial reporting. During the …

Non-GAAP earnings provide managers the flexibility to exclude GAAP items to either produce a more informative …

In this study, we examine how a CFO's social ties with non-CEO senior managers in the same firm affect the likelihood … ties have distinct effects. Our findings show that CFOs' professional ties with senior managers are associated with a lower … performance is poor (good). Overall, our findings are consistent with the notion that CFO social ties with senior managers may …