Full metadata record
DC Field | Value | Language |
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dc.contributor.author | Bartov, Eli | - |
dc.contributor.author | Cohen, Daniel A. | - |
dc.date.accessioned | 2008-06-13T08:07:09Z | - |
dc.date.available | 2008-06-13T08:07:09Z | - |
dc.date.issued | 2007-05 | - |
dc.identifier.uri | http://hdl.handle.net/2451/27568 | - |
dc.description.abstract | This paper asks two questions. First, has the prevalence of expectations management to meet/beat analyst expectations changed in the aftermath of the 2001-2002 accounting scandals and the passage of the 2002 Sarbanes-Oxley Act (SOX)? Second, has the mix among the three mechanisms used for meeting earnings targets: accrual earnings management, real earnings management, and earnings expectations management shifted in the Post-SOX Period? We document that the propensity to meet/beat analyst expectations has declined significantly in the Post-SOX Period. Our primary findings explain this pattern. In particular, we find a decline in the use of expectations management and accrual management, and no change in real earnings management in the Post-SOX Period relative to the preceding seven-year period. Our results are robust to controlling for varying macro economic conditions. These findings contribute to the academic literature, investors, and regulators. | en |
dc.language.iso | en_US | en |
dc.relation.ispartofseries | Eli Bartov-08 | en |
dc.title | Mechanisms to Meet/Beat Analyst Earnings Expectations in the Pre- and Post-Sarbanes-Oxley Eras | en |
dc.type | Working Paper | en |
Appears in Collections: | Accounting Working Papers |
Files in This Item:
File | Description | Size | Format | |
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SSRN-id954857.pdf | 206.86 kB | Adobe PDF | View/Open |
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