Accounting informs investors and earnings management is rife: Two questionable beliefs

Accounting Horizons

Volumn 27, Issue 4, 2013, Pages 847-853

  Ball, Ray ^a  

^a UNIVERSITY OF CHICAGO   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84890068765     PISSN: 08887993     EISSN: 15587975     Source Type: Journal    
DOI: 10.2308/acch-10366     Document Type: Note

References (22)

1. Ball, R. 2001. Infrastructure requirements for an economically efficient system of public financial reporting and disclosure. In Brookings-Wharton Papers on Financial Services, 127-169. Washington, DC: The Brookings Institution.
2. Ball, R., and L. Shivakumar. 2008. How much new information is there in earnings? Journal of Accounting Research 46: 975-1016.
3. Ball, R., and P. Brown. 1968. An empirical evaluation of accounting income numbers. Journal of Accounting Research 6: 159-178.
4. Ball, R., S. Jayaraman, and L. Shivakumar. 2012. Audited financial reporting and voluntary disclosure as complements: A test of the confirmation hypothesis. Journal of Accounting and Economics 53: 136-166.
5. Bamber, L. S., T. E. Christensen, and K. M. Gaver. 2000. Do we really "know" what we think we know? A case study of seminal research and its subsequent overgeneralization. Accounting Organizations and Society 25: 103-129.
6. Barth, M. E., W. H. Beaver, and W. R. Landsman. 2001. The relevance of the value relevance literature for financial accounting standard setting: Another view. Journal of Accounting and Economics 31: 77-104.
7. Beaver, W. H. 1968. The information content of annual earnings announcements. Journal of Accounting Research 6 (Supplement): 67-92.
8. Dechow, P. M. 1994. Accounting earnings and cash flows as measures of firm performance: The role of accounting accruals. Journal of Accounting and Economics 18: 3-42.
9. Dechow, P. M., and D. J. Skinner. 2000. Earnings management: Reconciling the views of accounting academics, practitioners, and regulators. Accounting Horizons 14: 235-250.
10. Fama, Eugene F. 1970. Efficient capital markets: A review of theory and empirical work. Journal of Finance 25: 383-417.
11. Gerakos, J. J. 2012. Discussion of: Detecting Earnings Management: A New Approach. Journal of Accounting Research 50: 335-347.
12. Gerakos, J. J., and A. Kovrijnykh. 2013. Performance shocks and misreporting. Chicago Booth Research Paper No. 10-12. Journal of Accounting and Economics 56: 57-72.
13. Gigler, F., and T. Hemmer. 1998. On the frequency, quality, and informational role of mandatory financial reports. Journal of Accounting Research 36 (Supplement): 117-147.
14. Healy, P. M., and J. M. Wahlen. 1999. A review of the earnings management literature and its implications for standard setting. Accounting Horizons 13: 365-383.
15. Holthausen, R. W., and R. L. Watts. 2001. The relevance of the value-relevance literature for financial accounting standard setting. Journal of Accounting and Economics 31: 3-75.
16. Jensen, M. C., and W. H. Meckling. 1976. Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics 3: 305-60.
17. Kuhn, T. S. 1962. The Structure of Scientific Revolutions. Chicago, IL: University of Chicago Press.
18. Lattman, P. 2010. Backdating scandal ends with a whimper. The New York Times (November 11). Available at: http://dealbook.nytimes.com/2010/11/11/backdating-scandal-ends-with-a-whimper/
19. Lev, Baruch. 1989. On the usefulness of earnings and earnings research: Lessons and directions from two decades of empirical research. Journal of Accounting Research 27 (Supplement): 153-192.
20. Lie, E. 2005. On the timing of CEO stock option awards. Management Science 51: 802-812.
21. Watts, R. L. 1977. Corporate financial statements, a product of the market and political processes. Australian Journal of Management 2: 53-75.
22. Watts, R. L., and J. L. Zimmerman. 1986. Positive Accounting Theory. Englewood Cliffs, NJ: Prentice Hall.