Penalties, Manipulation, and Investment Efficiency
Published Online:20 May 2019https://doi.org/10.1287/mnsc.2018.3149
References
- (1991) Do the merits matter? A study of settlements in securities class actions. Stanford Law Rev. 43(3):497–598.Crossref, Google Scholar
- (1998) Earnings management and the revelation principle. Rev. Accounting Stud. 3(1–2):7–34.Crossref, Google Scholar
- (1992) Managerial reporting discretion and the truthfulness of disclosure. Econom. Lett. 39(2):163–68.Crossref, Google Scholar
- (1968) Crime and punishment: An economic approach. Fielding NG, Clarke A, Witt R, eds. The Economic Dimensions of Crime (Palgrave MacMillan, London), 13–68.Crossref, Google Scholar
- (2011) From low-quality reporting to financial crises: Politics of disclosure regulation along the economic cycle. J. Accounting Econom. 52(2–3):209–227.Crossref, Google Scholar
- (2017) Optimal conservatism with earnings manipulation. Contemp. Accounting Res. 34(1):252–284.Crossref, Google Scholar
- (2019) Earnings management and earnings quality: Theory and evidence. Accounting Rev. Forthcoming. Crossref, Google Scholar
- (2015) Where does the information in mark-to-market come from? Working paper, Booth School of Business, University of Chicago, Chicago.Google Scholar
- (2014) The pricing effects of securities class action lawsuits and litigation insurance. J. Law Econom. Organ. 30(3):493–532.Crossref, Google Scholar
- (2016) Corporate governance, accounting conservatism, and manipulation. Management Sci. 63(2):424–437.Link, Google Scholar
- (2004) The evidence on securities class actions. Vanderbilt Law Rev. 57(5):1465–1518.Google Scholar
- (1998) Performance measure manipulation. Contemp. Accounting Res. 15(3):261–285.Crossref, Google Scholar
- (1988) Earnings management in an overlapping generations model. J. Accounting Res. 26(2):195–235.Crossref, Google Scholar
- (2011) Voluntary disclosure and the duty to disclose. Working paper, Northwestern University, Evanston, IL.Google Scholar
- (2005) Economic effects of tightened accounting standards to restrict earnings management. Accounting Rev. 80(4):1101–1124.Crossref, Google Scholar
- (2002) Disclosure-disciplining mechanisms: Capital markets, product markets, and shareholder litigation. Accounting Rev. 77(3):595–626.Crossref, Google Scholar
- (1986) Partially verifiable information and mechanism design. Rev. Econom. Stud. 53(3):447–456.Crossref, Google Scholar
- (1980) Wages as sorting mechanisms in competitive markets with asymmetric information: A theory of test. Rev. Econom. Stud. 47(4):653–664.Crossref, Google Scholar
- (2008) Earnings management and measurement error. Bus. Res. 1(2):149–163.Crossref, Google Scholar
- (2008) The cost to entrepreneurs of cooking the books. J. Financial Quant. Anal. 43(3):581–612.Crossref, Google Scholar
- (2014) Endogenous precision of performance measures and limited managerial attention. Eur. Accounting Rev. 23(4):693–727.Crossref, Google Scholar
- (1984) Corporate financing and investment decisions when entrepreneurs have information that investors do not have. J. Financial Econom. 13(2):187–221.Crossref, Google Scholar
- (2014) Financing and investment efficiency, information quality, and accounting biases. Management Sci. 60(9):2308–2323.Link, Google Scholar
- (2014) Pay convexity, earnings manipulation, and project continuation. Accounting Rev. 89(6):2233–2259.Crossref, Google Scholar
- (2012) Managerial reporting, overoptimism, and litigation risk. J. Accounting Econom. 53(3):577–591.Crossref, Google Scholar
- (2010) The role of audit thresholds in the misreporting of private information. Rev. Accounting Stud. 15(2):243–263.Crossref, Google Scholar
- (1987) Testing in models of asymmetric information. Rev. Econom. Stud. 54(2):265–277.Crossref, Google Scholar
- (2004) Financial reporting system choice and disclosure management. Accounting Rev. 79(4):1181–1203.Crossref, Google Scholar
- (1981) Credit rationing in markets with imperfect information. Amer. Econom. Rev. 71(3):393–410.Google Scholar

