Matches in SemOpenAlex for { <https://semopenalex.org/work/W2525662920> ?p ?o ?g. }
- W2525662920 endingPage "103" @default.
- W2525662920 startingPage "76" @default.
- W2525662920 abstract "ABSTRACT Research suggests that following several high-profile accounting scandals and the passage of SOX legislation in 2002, firms substituted real earnings management strategies for accrual manipulation. However, the broader implications of this tradeoff from a public policy and financial oversight perspective are not well understood. Consistent with our expectations, we find that abnormal operating decisions are less informative about future ROA in the post-SOX period. We also find that the increase in real earnings management negatively impacts firm value, but investors appear slow to recognize and price the myopic behavior. We do not observe a corresponding increase in the quality of discretionary accruals after SOX, but market mispricing of abnormal accruals essentially disappears, consistent with greater investor scrutiny. Although the shift away from accrual manipulation to real earnings management should result in less distortion of underlying economic events, the net effect appears to be value destroying for the average firm. Data Availability: Data are publicly available from sources identified in the paper. JEL Classifications: G32; G38; M41; M48." @default.
- W2525662920 created "2016-10-07" @default.
- W2525662920 creator A5013823167 @default.
- W2525662920 date "2020-06-30" @default.
- W2525662920 modified "2023-10-04" @default.
- W2525662920 title "The Economic Effects of Earnings Management Pre- and Post-SOX" @default.
- W2525662920 cites W1494322119 @default.
- W2525662920 cites W1536078490 @default.
- W2525662920 cites W1982886730 @default.
- W2525662920 cites W1986187321 @default.
- W2525662920 cites W1987468906 @default.
- W2525662920 cites W1989115832 @default.
- W2525662920 cites W1990806291 @default.
- W2525662920 cites W2007385759 @default.
- W2525662920 cites W2028915555 @default.
- W2525662920 cites W2040767172 @default.
- W2525662920 cites W2046757114 @default.
- W2525662920 cites W2055549572 @default.
- W2525662920 cites W2089730333 @default.
- W2525662920 cites W2104727500 @default.
- W2525662920 cites W2109828486 @default.
- W2525662920 cites W2117980095 @default.
- W2525662920 cites W2120084007 @default.
- W2525662920 cites W2136120210 @default.
- W2525662920 cites W2145626126 @default.
- W2525662920 cites W2149104782 @default.
- W2525662920 cites W2152302353 @default.
- W2525662920 cites W2158271147 @default.
- W2525662920 cites W2170694901 @default.
- W2525662920 cites W2176195673 @default.
- W2525662920 cites W2742507398 @default.
- W2525662920 cites W2809273030 @default.
- W2525662920 cites W2956946981 @default.
- W2525662920 cites W3023181463 @default.
- W2525662920 cites W3121226803 @default.
- W2525662920 cites W3121303620 @default.
- W2525662920 cites W3121318627 @default.
- W2525662920 cites W3121409710 @default.
- W2525662920 cites W3121494557 @default.
- W2525662920 cites W3121570881 @default.
- W2525662920 cites W3122450728 @default.
- W2525662920 cites W3122547505 @default.
- W2525662920 cites W3122889475 @default.
- W2525662920 cites W3123135993 @default.
- W2525662920 cites W3123227524 @default.
- W2525662920 cites W3123272569 @default.
- W2525662920 cites W3123307641 @default.
- W2525662920 cites W3123990609 @default.
- W2525662920 cites W3124144162 @default.
- W2525662920 cites W3124212339 @default.
- W2525662920 cites W3124365414 @default.
- W2525662920 cites W3124389002 @default.
- W2525662920 cites W3124550632 @default.
- W2525662920 cites W3124977184 @default.
- W2525662920 cites W3125003861 @default.
- W2525662920 cites W3125491259 @default.
- W2525662920 cites W3125650896 @default.
- W2525662920 cites W3125677029 @default.
- W2525662920 cites W3125990888 @default.
- W2525662920 cites W4229804319 @default.
- W2525662920 doi "https://doi.org/10.2308/api-19-012" @default.
- W2525662920 hasPublicationYear "2020" @default.
- W2525662920 type Work @default.
- W2525662920 sameAs 2525662920 @default.
- W2525662920 citedByCount "1" @default.
- W2525662920 countsByYear W25256629202020 @default.
- W2525662920 crossrefType "journal-article" @default.
- W2525662920 hasAuthorship W2525662920A5013823167 @default.
- W2525662920 hasBestOaLocation W25256629202 @default.
- W2525662920 hasConcept C119857082 @default.
- W2525662920 hasConcept C121955636 @default.
- W2525662920 hasConcept C126780896 @default.
- W2525662920 hasConcept C127413603 @default.
- W2525662920 hasConcept C144133560 @default.
- W2525662920 hasConcept C162324750 @default.
- W2525662920 hasConcept C17744445 @default.
- W2525662920 hasConcept C194257627 @default.
- W2525662920 hasConcept C199539241 @default.
- W2525662920 hasConcept C23032112 @default.
- W2525662920 hasConcept C24326235 @default.
- W2525662920 hasConcept C2776050585 @default.
- W2525662920 hasConcept C2776291640 @default.
- W2525662920 hasConcept C2777351106 @default.
- W2525662920 hasConcept C2781009383 @default.
- W2525662920 hasConcept C2781426361 @default.
- W2525662920 hasConcept C41008148 @default.
- W2525662920 hasConcept C4577558 @default.
- W2525662920 hasConcept C46362747 @default.
- W2525662920 hasConcept C556758197 @default.
- W2525662920 hasConceptScore W2525662920C119857082 @default.
- W2525662920 hasConceptScore W2525662920C121955636 @default.
- W2525662920 hasConceptScore W2525662920C126780896 @default.
- W2525662920 hasConceptScore W2525662920C127413603 @default.
- W2525662920 hasConceptScore W2525662920C144133560 @default.
- W2525662920 hasConceptScore W2525662920C162324750 @default.
- W2525662920 hasConceptScore W2525662920C17744445 @default.
- W2525662920 hasConceptScore W2525662920C194257627 @default.
- W2525662920 hasConceptScore W2525662920C199539241 @default.