Purpose Higher real earnings management (REM) reduces financial reporting quality and increases the uncertainty of future cash flows and profitability among investors. This study asserts that REM-induced noise increases idiosyncratic return volatility (IVOL), aims to examine the association...

We examine the association between strategic deviation-defined as the deviation of firms’ resource allocation from industry peers- and corporate tax avoidance. From an agency point of view, strategic deviation elevates information asymmetry, which gives rise to an opaque information...