Managerial Finance: Volume 30 Issue 11

Impact of earnings management on value‐relevance of accounting information: empirical evidence from Japan

Ahsan Habib

This paper investigates the impact of earnings management on value relevance of accounting information in the context of Japan. Researchers carrying out earnings management…

The value‐relevance of earnings and operating cash flows during mergers

Cal Christian, Jefferson P. Jones

This paper examines the value relevance of operating cash flows in consideration of potential weaknesses in earnings quality in the context of a merger. When two firms merge, the…

Quality of earnings inferred from the profitability of EP trading rules

Tony Kang

In this study, we rely on the profitability of EP (earnings‐to‐price ratio) trading rules to infer the quality of earnings. Under the extrapolation hypothesis (Lakonishok…

Corporate control and earnings management: evidence from MBOs

Charlotte J. Wright, Liming Guan

Using a matching approach and multivariate logit analysis we determine that management of firms involved in MBOs more frequently chose income increasing accounting policies than…