Research design issues in earnings management studies

Journal of Accounting and Public Policy

Volumn 19, Issue 4-5, 2000, Pages 313-345

  McNichols, Maureen F ^a  

^a STANFORD UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0034367576     PISSN: 02784254     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0278-4254(00)00018-1     Document Type: Article

References (46)

1. Bagnoli, M., Watts, S.G., 2000. The effect of relative performance evaluation on earnings management: A game-theoretic approach. Journal of Accounting and Public Policy 19 (4/5).
2. Beatty, A., Chamberlain, S., Magliolo, J., 1995. Managing financial reports of commercial banks: The influence of taxes, regulatory capital and earnings. Journal of Accounting Research 33 (2), 195-212.
3. Beatty, A., Ke, B., Petroni, K.R., 1999. Differential Earnings Management to Avoid Earnings Declines and Losses Across Publicly and Privately-held Banks. Working paper, Penn State University.
4. Beaver, W., Eger, C., Ryan, S., Wolfson, M., 1989. Financial reporting, supplemental disclosures, and bank share prices. Journal of Accounting Research 27 (2), 157-178.
5. Beaver, W.H., Engel, E.E., 1996. Discretionary behavior with respect to allowances for loan losses and the behavior of security prices. Journal of Accounting and Economics 22 (1-3), 177-206.
6. Beaver, W.H., McNichols, M.F., 1998. The characteristics and valuation of loss reserves of property casualty insurers. Review of Accounting Studies 3 (1-2), 73-95.
7. Beaver, W.H., McNichols, M.F., Nelson, K., 1999. Do Firms Issuing Equity Manage their Earnings? Evidence from the Property-casualty Insurance Industry. Unpublished working paper, Stanford University.
8. Beaver, W.H., McNichols, M.F., Nelson, K., 2000. Management of the Loss Reserve Accrual and the Distribution of Earnings in the Property-casualty Insurance Industry. Unpublished working paper, Stanford University.
9. Bernard, V.L., Skinner, D.J., 1996. What motivates managers' choice of discretionary accruals? Journal of Accounting and Economics 22 (1/3), 313-325.
10. Beneish, M.D., 1997. Detecting GAAP violation: Implications for assessing earnings management among firms with extreme financial performance. Journal of Accounting and Public Policy 16 (3), 271-309.
11. Beneish, M.D., 1998. Discussion of "are accruals during initial public offerings opportunistic?" Review of Accounting Studies 3 (1/2), 209-221.
12. Bradshaw, M.T., Richardson, S.A., Sloan, R.G., 1999. Earnings Quality and Financial Reporting Credibility: An Empirical Investigation. Working paper, University of Michigan.
13. Burgstahler, D., Dichev, I., 1997. Earnings management to avoid earnings decreases and losses. Journal of Accounting and Economics 24 (1), 99-126.
14. Collins, D.W., Hribar, P., 2000. Errors in Estimating Accruals: Implications for Empirical Research. Working paper, University of Iowa.
15. Collins, J., Shackelford, D., Wahlen, J., 1995. Bank differences in the coordination of regulatory captial, earnings and taxes. Journal of Accounting Research 33 (2), 263-291.
16. Crook, D., 1999. Oracle Corp. Company Update, Prudential Securities, May 14, 1999.
17. DeAngelo, L., 1986. Accounting numbers as market valuation substitutes: A study of management buyouts of public stockholders. The Accounting Review 61 (3), 400-420.
18. Dechow, P.M., Skinner, D., 2000. Earnings management: Reconciling the views of accounting academics, practitioners, and regulators. Accounting Horizons 14 (2), 235-250.
19. Dechow, P.M., Kothari, S.P., Watts, R.L., 1998. The relation between earnings and cash flows. Journal of Accounting and Economics 25 (2), 133-168.
20. Dechow, P.M., Sloan, R.G., Sweeney, A.P., 1995. Detecting earnings management. The Accounting Review 70 (2), 193-225.
21. Degeorge, F., Patel, J., Zeckhauser, R., 1999. Earnings management to exceed thresholds. Journal of Business 72 (1), 1-33.
22. Demski, J., Frimor, H., 1999. Performance measure garbling under renegotiation in multi-period agencies. Journal of Accounting Research 37 (Supplement), 187-214.
23. Fields, T., Lys, T., Vincent, L., 2000. Empirical Research on Accounting Choice. Working paper, Northwestern University.
24. Financial Accounting Standards Board (FASB), 1987. Statement of Financial Accounting Standards No. 95, Statement of Cash Flows. Stamford, Connecticut.
25. Gaver, J.J., Paterson, J.S., 2000. Earnings management under changing regulatory regimes: State accreditation in the insurance industry. Journal of Accounting and Public Policy 19 (4/5).
26. Hansen, G.A., 1999. Bias and Measurement Error in Discretionary Accrual Models. Working paper, Penn State University.
27. Healy, P.M., 1985. The effect of bonus schemes on accounting decision. Journal of Accounting and Economics 7 (1-3), 85-107.
28. Healy, P.M., Wahlen, J.M., 1999. A review of the earnings management literature and its implications for standard setting. Accounting Horizons 13 (14), 365-383.
29. Jones, C.L., 1999. An Analysis of The Effectiveness of Discretionary Accrual Measures. Working paper, George Washington University.
30. Jones, J.J., 1991. Earnings management during import relief investigation. Journal of Accounting Research 29 (2), 193-228.
31. Kang, S.-H., Sivaramakrishnan, K., 1995. Issues in testing earnings management and an instrumental variable approach. Journal of Accounting Research 33 (2), 353-367.
32. Kasznik, R., 1999. On the association between voluntary disclosure and earnings management. Journal of Accounting Research 37 (1), 57-81.
33. Leamer, E.E., 1983. Let's take the con out of econometrics. The American Economic Review 73 (1), 31-43.
34. McCulloch, B.W., Black, E.L., 1999. Relations among Components of Accruals during Earnings Management. Working paper, New Zealand Treasury and Brigham Young University.
35. McNichols, M., Wilson, G.P., 1988. Evidence of earnings management from the provision for bad debts. Journal of Accounting Research 26 (Supplement), 1-31.
36. Moyer, S.E., 1990. Capital adequacy ratio regulations and accounting choices in commercial banks. Journal of Accounting and Economics 13 (2), 123-154.
37. Myers, L.A., Skinner, D.J., 1999. Earnings Momentum and Earnings Management. Working paper, University of Michigan.
38. Nelson, K., 2000. Rate regulation, competition and loss reserve discounting by property-casualty insurers. The Accounting Review 75 (1), 115-138.
39. Penalva, F., 1998. Loss Reserves and Accounting Discretion in the Property-casualty Insurance Industry. Working paper, Haas School of Business, University of California, Berkeley.
40. Petroni, K., 1992. Optimistic reporting in the property-casualty insurance industry. Journal of Accounting and Economics 15 (4), 485-508.
41. Petroni, K.R., Ryan, S.G., Wahlen, J.M., 2000. Review of Accounting Studies 5 (2), 95-125.
42. Rees, L., Gill, S., Gore, R., 1996. An investigation of asset write-downs and concurrent abnormal accruals. Journal of Accounting Research 34 (Supplement), 157-170.
43. Schipper, K., 1989. Commentary on earnings management. Accounting Horizons 3 (4), 91-102.
44. Scholes, M., Wilson, G.P., Wolfson, M., 1990. Tax planning, regulatory capital planning, and financial reporting strategy for commercial banks. Review of Financial Studies 3, 625-650.
45. Thomas, J., Zhang, X.J., 1999. Identifying unexpected accruals: A comparison of current approaches. Journal of Accounting and Public Policy 19 (4/5).
46. Wahlen, J.M., 1994. The nature of information in commercial bank loan loss disclosures. The Accounting Review 69 (3), 455-478.