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Abnormal Real Operations, Real Earnings Management, and Subsequent Crashes in Stock Prices
Language: en
Pages: 54
Authors: Bill B. Francis
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Type: BOOK - Published: 2017 - Publisher:

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We study the impact of firms' abnormal business operations on their future crash risk in stock prices. Computed based on real earnings management (REM) models,
Firms' Real Earnings Management and Subsequent Stock Price Crash Risk
Language: en
Pages: 0
Authors: Lingxiang Li
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Type: BOOK - Published: 2011 - Publisher:

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Using a large sample of U.S. firms for the period from 1994 to 2009, we find that firms' prior real earnings management (RM) is positively associated with their
What are the Consequences of Real Earnings Management?
Language: en
Pages: 204
Authors: Katherine Ann Gunny
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Type: BOOK - Published: 2005 - Publisher:

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Overevaluation and Stock Price Crashes
Language: en
Pages: 107
Authors: Qunfeng Liao
Categories: Earnings management
Type: BOOK - Published: 2014 - Publisher:

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Prior literature has shown that managers have incentives to opportunistically and selectively withhold bad news from investors because of career concerns, compe
Real Earnings Management and Long-Term Operating Performance
Language: en
Pages:
Authors: Patrick Vorst
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Type: BOOK - Published: 2018 - Publisher:

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I examine whether a reversal of an abnormal cut in discretionary investments is associated with the degree to which the cut is reflective of real earnings manag