Abnormal accruals in newly public companies: opportunistic misreporting or economic activity?
Newly public companies tend to exhibit abnormally high accruals in the year of their initial
public offering (IPO). Although the prevailing view in the literature is that these accruals are …
public offering (IPO). Although the prevailing view in the literature is that these accruals are …
[PDF][PDF] Earnings management in India
D Ajit, S Malik, VK Verma - SEBI DRG Study, 2013 - corporatelawreporter.com
Earnings management (EM) by companies is widespread throughout the world. The
pressure to meet earnings targets of the market and thereby derive private benefits (in the …
pressure to meet earnings targets of the market and thereby derive private benefits (in the …
Earnings management in the pre-IPO process: Biases and predictors
We analyze a sample of 3,293 IPOs from 29 countries to investigate the firm, industry, and
country characteristics related to earnings management during the IPO process. We find that …
country characteristics related to earnings management during the IPO process. We find that …
Large shareholders and disclosure strategies: Evidence from IPO lockup expirations
We examine the effect of large shareholders׳ ex ante selling incentives on firms׳ voluntary
disclosure choices in the setting of IPO lockup expirations. We find evidence that managers …
disclosure choices in the setting of IPO lockup expirations. We find evidence that managers …
Do IPO firms misclassify expenses? Implications for IPO price formation and post-IPO stock performance
This study investigates whether initial public offering (IPO) firms inflate “core” earnings
through classification shifting (ie, misclassifying core expenses as income-decreasing …
through classification shifting (ie, misclassifying core expenses as income-decreasing …
Do institutional investors' corporate site visits impact seasoned equity offering discounts? Evidence from detailed investor bids in SEO auctions
We examine the impact of institutional investor corporate site visits on seasoned equity
offering (SEO) discounts. Using unique databases that give the identities of institutional …
offering (SEO) discounts. Using unique databases that give the identities of institutional …
The earnings management motivation: Accrual accounting vs. cash accounting
DS Goel - Australasian Accounting, Business and Finance …, 2016 - ro.uow.edu.au
The Accrual basis of accounting has always found favour amongst corporate practitioners of
earnings management. There have been extensive studies on earnings management …
earnings management. There have been extensive studies on earnings management …
[HTML][HTML] Can we trust the accounting discretion of firms with political money contributions? Evidence from US IPOs
Using hand-collected data from the US, we examine the influence of political money
contributions (PMC) on IPO financial reporting. Unraveling the conflicting managerial …
contributions (PMC) on IPO financial reporting. Unraveling the conflicting managerial …
Fiscal support and earnings management
G He - The International Journal of Accounting, 2016 - Elsevier
It is well documented that firms tend to manipulate earnings before IPO (initial public
offerings) and SEO (seasoned equity offerings). This study contributes to the literature by …
offerings) and SEO (seasoned equity offerings). This study contributes to the literature by …
IPOs and entrepreneurial firms
The listing on a stock exchange is a paramount milestone in the life cycle of an enterprise.
By taking their company public on a stock market through an Initial Public Offering (IPO) …
By taking their company public on a stock market through an Initial Public Offering (IPO) …