Shareholder Activism and Earnings Management Incentives: An Empirical Examination of Shareholder Proposals in the United States

2013 ◽  
Vol 24 (3) ◽  
pp. 234-260 ◽  
Author(s):  
Yan Sun ◽  
Weimin Wang ◽  
Xu Frank Wang ◽  
William Zhang
Keyword(s):  
United States ◽  
Earnings Management ◽  
Shareholder Activism ◽  
The United States ◽  
Empirical Examination ◽  
Management Incentives ◽  
Shareholder Proposals

Shareholder Activism and Earnings Management Incentives

2012 ◽  
Author(s):  
Yan Sun ◽  
Weimin Wang ◽  
Frank Wang ◽  
Sanjian Bill Zhang
Keyword(s):  
Earnings Management ◽  
Shareholder Activism ◽  
Management Incentives

Does Local Autonomy Breed Leviathans? An Empirical Examination of All Cities in the United States

2021 ◽  
pp. 106591292110498
Author(s):  
Mikhail Ivonchyk
Keyword(s):  
United States ◽  
The United States ◽  
City Size ◽  
Empirical Examination ◽  
Institutional Collective Action ◽  
Theoretical Predictions ◽  
Action Model ◽  
Quantile Regression Analysis ◽  
Fiscal Behavior ◽  
Different Levels

US states grant their local units different levels of autonomy in several dimensions including fiscal, functional, structural, and legal discretion. This study uses a comprehensive, multidimensional measure of autonomy to test its association with the fiscal behavior of over 19,000 municipalities in the United States. Competing theoretical predictions range from significant increases in government size (Leviathan model), to no effect (median-voter model), and even smaller governments (institutional collective action model). Quantile regression analysis is implemented to test the association between autonomy and fiscal behavior for different city sizes. The empirical findings indicate that cities with more autonomy tend to spend less and have lower taxes and debt. The strength of this relationship, however, varies by city size.

An Empirical Examination of Evaluation’s Presence in the Undergraduate Curriculum in the United States

2019 ◽  
Vol 41 (2) ◽  
pp. 297-310
Author(s):  
John M. LaVelle ◽  
Nina Sabarre ◽  
Haley Umans
Keyword(s):  
United States ◽  
Private Colleges ◽  
Undergraduate Curriculum ◽  
The United States ◽  
Specific Method ◽  
Empirical Examination ◽  
Undergraduate Level ◽  
Evaluation Practice ◽  
Public Colleges And Universities ◽  
Top 40

Evaluator education programs have developed to help support the growth of professional evaluators and improve evaluation practice. Empirical research has described where and how evaluation is taught at the graduate level of education, but little is known about the undergraduate level. This study empirically explores how, if at all, evaluation is taught at the undergraduate level by systematically analyzing the publicly available curricula of the top 40 public and top 40 private universities in the United States. Findings demonstrate that 470 evaluation-specific and associated courses were offered across public colleges and universities (335 courses offered) and private colleges (135 courses offered). However, among these 470 courses, the extent to which evaluation is taught varies from a specific method of systematic inquiry to a tool used for assessment or judgment, or minor topic within a broader subject. Implications for the field are discussed.

Accounting Quality, Earnings Management and Cross-Listings: Evidence from China

2012 ◽  
Vol 15 (02) ◽  
pp. 1250009 ◽  
Author(s):  
Li Li Eng ◽  
Ying Chou Lin
Keyword(s):  
United States ◽  
Hong Kong ◽  
Earnings Management ◽  
Financial Reporting ◽  
Reporting Quality ◽  
The United States ◽  
Good News ◽  
Chinese Firms ◽  
Cross Listing

This paper examines the quality of financial reporting of Chinese firms cross-listed in the United States, Hong Kong and noncross-listed Chinese firms. We examine quality of financial reporting based on measures of earnings management, timely loss recognition and price-earnings association. We find that both cross-listings and noncross-listings show significant earnings smoothing and use accruals to manage earnings, and are not timely in loss recognition. We surmise that cross-listing in the United States or Hong Kong has not changed the accounting choices of Chinese cross-listing firms. However, our findings show that the market considers earnings and book value data of cross-listing firms to be more informative than those of noncross-listing firms in the event of good news. Our contribution is to show that in contrast to previous literature, firms from China do not have better reporting quality when they cross-list in the United States. There are still significant accounting deficiencies in many Chinese firms cross-listed in the United States (Financial Times, 2011).

scholarly journals Analyst Coverage and Earnings Management Using Classification Shifting

2018 ◽  
Vol 7 (3) ◽  
pp. 172
Author(s):  
Fang Zhao
Keyword(s):  
United States ◽  
Earnings Management ◽  
Financial Analysts ◽  
Positive Association ◽  
The United States ◽  
Real Earnings Management ◽  
International Studies ◽  
Analyst Coverage ◽  
External Monitoring ◽  
Classification Shifting

This study examines the association between analyst coverage and classification shifting. Prior studies on external monitoring factors and classification shifting provide mixed results: international studies (Haw, Ho, & Li, 2011; Behn, Gotti, Herrmann, & Kang, 2013) find that external monitoring factors mitigate classification shifting, while Abernathy, Beyer, and Rapley (2014) find that external monitoring factors promote classification shifting when accrual-based earnings management and real earnings management are constrained. Using a sample of firms in the United States, this study finds a positive association between classification shifting and an external monitoring factor: analyst coverage. This result suggests that when higher analyst coverage has stronger monitoring role on earnings management, managers are more likely to use classification shifting. The implication of this study should be of interest to financial analysts.

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