Review of Accounting and Finance: Volume 16 Issue 3

Managerial opportunism and real activities manipulation: evidence from option backdating firms

Nana Y. Amoah, Anthony Anderson, Isaac Bonaparte, Susan Muzorewa

This study aims to examine the use of real activities manipulation by firms implicated in the stock option backdating scandal.

Analyst ratings for firms filing for and reorganizing under Chapter 11

Elena Precourt, Henry Oppenheimer

The purpose of this paper is to examine analyst followings of firms starting from one year prior to their filing for Chapter 11 and as the firms progress through bankruptcy…

Real activities manipulation by bidders prior to mergers and acquisitions

Javeria Farooqi, Thanh Ngo, Surendranath Jory

This study aims to examine the ability of investors to process signs of real activities manipulations at bidder firms in the quarters leading to the announcement of a merger. It…

Does corporate social responsibility disclosure improve firm investment efficiency?: Evidence from China

Ma Zhong, Lucia Gao

The purpose of this paper is to investigate the impact of corporate social responsibility (CSR) disclosure on firm-level investment efficiency.

Do managers manipulate earnings to influence credit rating agencies’ decisions?: Evidence from Watchlist

Qiuhong Zhao

This study aims to investigate whether firms engage in earnings management behavior that attempts to manipulate Credit Rating Agency (CRA) perceptions during the Watchlist process…

Information asymmetry and incentive contracting with the tax department

Horn-chern Lin, Tao Zeng

This paper aims to examine the design of optimal incentives for a firm’s tax department in the presence of information asymmetry.