The increase in average life expectancy for older adults in the United States contributes to challenges for retirement planning by the government, employers, and individuals. Social Security retirement benefits and traditional defined benefit (DB) pension plans, both key sources of retirement...

Purpose – This paper seeks to investigate whether executive wealth sensitivity to stock price fluctuations serves as an incentive for earnings management. Design/methodology/approach – Using a sample of 475 chief executive officers (CEOs) from 410 randomly selected Standard and Poor's (S&P)...