Standout Papers
Citation Impact
Citing Papers
What are the consequences of real earnings management
2005
Event Studies in Economics and Finance
1997 Standout
The superiority and disciplining role of independent analysts
2008
Is Enhanced Audit Quality Associated with Greater Real Earnings Management?
2011
Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1
1998 StandoutNobel
Insider Trading, Litigation Concerns, and Auditor Going-Concern Opinions
2012
Principles-Based Versus Rules-Based Standards and Earnings Management
2009
Do Short Sellers Target Firms with Poor Earnings Quality? Evidence from Earnings Restatements
2006
Client Importance, Non-audit Fees, and Abnormal Accruals
2001
Going, Going, Gone? The Demise of the Accruals Anomaly
2009
A Reexamination of Firm Size, Book-To-Market, and Earnings Price in the Cross-Section of Expected Stock Returns
1997
Naive Diversification Strategies in Defined Contribution Saving Plans
2001 StandoutNobel
Auditor Switches in the Pre- and Post-Enron Eras: Risk or Realignment?
2009
Information in prices about future earnings
1992
Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?
1995 StandoutNobel
Efficient Capital Markets: II
1991 StandoutNobel
The market pricing of accruals quality
2005 Standout
Off-Balance-Sheet Activities, Earnings Persistence and Stock Prices: Evidence from Operating Leases
2006
Understanding earnings quality: A review of the proxies, their determinants and their consequences
2010 Standout
Do Private Company Targets that Hire Big 4 Auditors Receive Higher Proceeds?*
2010
Advances in Behavioral Finance.
1995 StandoutNobel
Industry costs of equity
1997 StandoutNobel
Audit committee, board of director characteristics, and earnings management
2002 Standout
International Momentum Strategies
1998
Fundamental analysis and subsequent stock returns
1992
Internal Audit Outsourcing and the Risk of Misleading or Fraudulent Financial Reporting: Did Sarbanes‐Oxley Get It Wrong?*
2012
Earnings management and annual report readability
2016 Standout
Does Auditor Industry Specialization Improve Audit Quality?
2013
Litigation Risk, Audit Quality, and Audit Fees: Evidence from Initial Public Offerings
2008
Audit and Nonaudit Fees and the Market's Reaction to Earnings Announcements
2006
Meeting or Beating Analyst Expectations in the Post‐Scandals World: Changes in Stock Market Rewards and Managerial Actions*
2008
Do Venture Capitalists Influence the Decision to Manage Earnings in Initial Public Offerings?
2006
Earnings Management through Effective Tax Rates: The Effects of Tax‐Planning Investment and the Sarbanes‐Oxley Act of 2002*
2008
Ownership Structure, Business Group Affiliation, Listing Status, and Earnings Management: Evidence from Korea*
2006
Detecting long-run abnormal stock returns: The empirical power and specification of test statistics
1997 Standout
Mandatory Audit Partner Rotation, Audit Quality, and Market Perception: Evidence from Taiwan*
2009
Auditor Style and Financial Statement Comparability
2013
Market Reaction to Events Surrounding the Sarbanes‐Oxley Act of 2002 and Earnings Management
2008
After Enron: Auditor Conservatism and Ex-Andersen Clients
2006
Myth: External Financial Reporting Quality Has a First-Order Effect on Firm Value
2013
An integrated analysis of the association between accrual disclosure and the abnormal accrual anomaly
2007
Corporate governance, chief executive officer compensation, and firm performance
1999 Standout
Is the Accrual Anomaly a Global Anomaly?
2005
What drives the increased informativeness of earnings announcements over time?
2007
The effects of firm-initiated clawback provisions on earnings quality and auditor behavior
2012
Improved Methods for Tests of Long‐Run Abnormal Stock Returns
1999
An empirical analysis of auditor reporting and its association with abnormal accruals
2003
CEO Reputation and Earnings Quality*
2008
The earnings-price anomaly
1992
Does Hiring a New CFO Change Things? An Investigation of Changes in Discretionary Accruals
2006
Commonality in the determinants of expected stock returns
1996
The Use of Unsigned Earnings Quality Measures in Tests of Earnings Management
2007
Understanding Earnings Quality: A Review of the Proxies, Their Determinants and Their Consequences
2010
Size, value, and momentum in international stock returns
2012 StandoutNobel
Identifying Earnings Overstatements: A Practical Test
2007
Profitability, investment and average returns
2006 StandoutNobel
On Persistence in Mutual Fund Performance
1997 Standout
Earnings quality: Some evidence on the role of auditor tenure and auditors’ industry expertise
2009
Underwriter choice and earnings management: evidence from seasoned equity offerings
2007
Market Reaction to Auditor Switching from Big 4 to Third-Tier Small Accounting Firms
2010
Nonstationary expected returns
1989
Big 4 Office Size and Audit Quality
2009
Detecting Deceptive Discussions in Conference Calls
2012
Voluntary disclosure of accruals in earnings press releases and the pricing of accruals
2007
Does Audit Market Concentration Harm the Quality of Audited Earnings? Evidence from Audit Markets in 42 Countries
2011
The Regulation of Public Company Auditing: Evidence from the Transition to AS5
2010
Enforceable Accounting Rules and Income Measurement by Early 20th Century Railroads
2003
A review of archival auditing research
2014 Standout
The Relation Between Auditors' Fees for Non-Audit Services and Earnings Management
2002 Standout
Audit Market Concentration and Audit Quality
2010
Capitalization versus Expensing: Evidence on the Uncertainty of Future Earnings from Capital Expenditures versus R&D Outlays
2002
Investor Psychology and Asset Pricing
2001 Standout
The Conditional CAPM Does Not Explain Asset-Pricing Anomalies
2004
The Importance of Audit Profession Development in Emerging Market Countries
2011
Letting the “Tail Wag the Dog”: The Debate over GAAP versus Street Earnings Revisited*
2007
Audit Partner Tenure, Audit Firm Tenure, and Discretionary Accruals: Does Long Auditor Tenure Impair Earnings Quality?*
2008
Monitoring by Auditors: The Case of Public Housing Authorities
2011
Earnings Management, Litigation Risk, and Asymmetric Audit Fee Responses
2006
The Quality of Analysts' Cash Flow Forecasts
2009
The discovery and reporting of internal control deficiencies prior to SOX-mandated audits
2006
Aggregate accounting earnings can explain most of security returns
1992
Accruals, Investment, and the Accrual Anomaly
2007
Are Investors Reluctant to Realize Their Losses?
1998 Standout
Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors
2000 Standout
The persistence of earnings and cash flows and the role of special items: Implications for the accrual anomaly
2006
Real and Accrual-Based Earnings Management in the Pre- and Post-Sarbanes-Oxley Periods
2008 Standout
Earnings management and investor protection: an international comparison
2003 Standout
Earnings quality at initial public offerings
2008
Do Nonaudit Services Compromise Auditor Independence? Further Evidence
2003
Efficient Capital Markets: II
1991 StandoutNobel
Earnings Management and the Long‐Run Market Performance of Initial Public Offerings
1998 Standout
Earnings Momentum and Earnings Management
2007
Earnings management, lawsuits, and stock-for-stock acquirers’ market performance
2008
Parallels Between the Cross-Sectional Predictability of Stock and Country Returns
1997
Multifactor Explanations of Asset Pricing Anomalies
1996 StandoutNobel
The association between book-tax conformity and earnings management
2014
Earnings management through real activities manipulation
2006 Standout
Sarbanes Oxley Internal Control Requirements and Earnings Quality
2006
Caveat Compounder: A Warning about Using the Daily CRSP Equal‐Weighted Index to Compute Long‐Run Excess Returns
1998 StandoutNobel
Earnings management and accounting income aggregation
2007
Investor Psychology and Security Market Under‐ and Overreactions
1998 Standout
The Information Content of Business Combination Disclosure Level
2009
Conditional Skewness in Asset Pricing Tests
2000 Standout
Internal Control Weakness and Cost of Equity: Evidence from SOX Section 404 Disclosures
2007
Social Ties and Earnings Management
2011
The capitalization, amortization, and value-relevance of R&D
1996 Standout
Beta and Book-to-Market: Is the Glass Half Full or Half Empty?
1998
Female Directors and Earnings Quality*
2011 Standout
Accruals Quality and Internal Control over Financial Reporting
2007
Predicting Material Accounting Misstatements*
2011 Standout
Evidence on the Audit Risk Model: Do Auditors Increase Audit Fees in the Presence of Internal Control Deficiencies?*
2008
The Effect of Audit Committee Industry Expertise on Monitoring the Financial Reporting Process
2013
Does Company Reputation Matter for Financial Reporting Quality? Evidence from Restatements*
2011
Do managers credibly use accruals to signal private information? Evidence from the pricing of discretionary accruals around stock splits
2005
Boys will be Boys: Gender, Overconfidence, and Common Stock Investment
2001 Standout
Audit Committee Financial Expertise, Competing Corporate Governance Mechanisms, and Earnings Management
2006
Capital markets research in accounting
2001 Standout
Is Earnings Quality Associated with Corporate Social Responsibility?
2012
Another Look at the Cross‐section of Expected Stock Returns
1995
R&D Accounting and the Tradeoff Between Relevance and Objectivity
1999
On Estimating Conditional Conservatism
2012
Ultimate Ownership, Income Management, and Legal and Extra‐Legal Institutions
2004
Auditor Reputation, Auditor Independence, and the Stock‐Market Impact of Andersen's Indictment on Its Client Firms*
2006
Problems in measuring portfolio performance An application to contrarian investment strategies
1995
Do Cross-Border Listing Firms Manage Earnings or Seize a Window of Opportunity?
2007
Evidence of the Abnormal Accrual Anomaly Incremental to Operating Cash Flows
2006
Market Reaction to Events Surrounding the Sarbanes-Oxley Act of 2002
2003
Costs and Benefits of Requiring an Engagement Partner Signature: Recent Experience in the United Kingdom
2013
Market Consequences of Earnings Management in Response to Security Regulations in China*
2005
Performance, Growth and Earnings Management
2006
Did the Waste Management Audit Failures Signal Lower Firm-Wide Audit Quality at Arthur Andersen? *
2011
Measuring Reporting Conservatism
2007
The influence of large clients on office-level auditor oversight: Evidence from the property-casualty insurance industry
2007
The Value Premium and the CAPM
2006 StandoutNobel
Earnings Management: New Evidence Based on Deferred Tax Expense
2003
Corporate disclosures by family firms
2007
The CAPM is Wanted, Dead or Alive
1996 StandoutNobel
The information content of funds from operations (FFO) for real estate investment trusts (REITs)
1999
Dissecting Anomalies
2008 StandoutNobel
Size and Book‐to‐Market Factors in Earnings and Returns
1995 StandoutNobel
Stock Price Reaction to Evidence of Earnings Management: Implications for Supplementary Financial Disclosure
2006
Shareholder Voting on Auditor Selection, Audit Fees, and Audit Quality
2011
Expanded Disclosures and the Increased Usefulness of Earnings Announcements
2002
Myth: External Financial Reporting Quality Has a 1st Order Effect on Firm Value
2012
Audit Office Size, Audit Quality, and Audit Pricing
2010
Measuring Accounting Reporting Complexity with XBRL
2017 Standout
Earnings Management Around Initial Public Offerings: A Re-Examination
2008
Earnings Momentum and Earnings Management
1999
Dynamic capabilities and strategic management
1997 Standout
Former Audit Partners on the Audit Committee and Internal Control Deficiencies
2009
Short-Term Accruals and the Pricing and Production of Audit Services
2010
Auditor Tenure and the Ability to Meet or Beat Earnings Forecasts*
2009
Legal Expertise on Corporate Audit Committees and Financial Reporting Quality
2011
The Link between Earnings Conservatism and the Price‐to‐Book Ratio*
2005
Managerial legal liability coverage and earnings conservatism
2008
Professional Service Fees and Auditor Objectivity
2004
Do Former Audit Firm Partners on Audit Committees Procure Greater Nonaudit Services from the Auditor?
2012
Earnings Management Through Effective Tax Rates: The Effects of Tax Planning Investment and the Sarbanes-Oxley Act of 2002
2006
A five-factor asset pricing model
2014 StandoutNobel
Does a Lack of Choice Lead to Lower Quality? Evidence from Auditor Competition and Client Restatements
2013
Do Models of Discretionary Accruals Detect Actual Cases of Fraudulent and Restated Earnings? An Empirical Analysis*
2008
Does Market Risk Really Explain the Size Effect?
1992
Can Big 4 versus Non-Big 4 Differences in Audit-Quality Proxies Be Attributed to Client Characteristics?
2010
Re-examining the effects of regulation fair disclosure using foreign listed firms to control for concurrent shocks
2006
The conditional CAPM does not explain asset-pricing anomalies☆
2006
Share price and mortality: An empirical evaluation of newly listed Nasdaq stocks
1997
Audit effort and earnings management
2007
Auditor-Provided Nonaudit Services and Audit Effectiveness and Efficiency: Evidence from Pre- and Post-SOX Audit Report Lags
2012
Client Importance, Nonaudit Services, and Abnormal Accruals
2003
Price and return models
1995
Accrual-based and real earnings management activities around seasoned equity offerings
2010 Standout
An Analysis of Forced Auditor Change: The Case of Former Arthur Andersen Clients
2007
The Going‐Concern Market Anomaly
2008
The financial reporting environment: Review of the recent literature
2010 Standout
New lists: Fundamentals and survival rates
2004 StandoutNobel
Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency
1993 Standout
The Effect of SOX Internal Control Deficiencies and Their Remediation on Accrual Quality
2008
The Insurance Hypothesis: An Examination of KPMG's Audit Clients around the Investigation and Settlement of the Tax Shelter Case
2013
Languages and earnings management
2017 Standout
Evidence of differing market responses to beating analysts’ targets through tax expense decreases
2008
The Relation between Auditors' Fees for Nonaudit Services and Earnings Management
2002 Standout
Political Connections and Corporate Bailouts
2006 Standout
Inventory policy, accruals quality and information risk
2008
Does Audit Market Concentration Harm the Quality of Audited Earnings? Evidence from Audit Markets in 42 Countries*
2012
Accounting conservatism and corporate governance
2007
Auditors' Response to Political Connections and Cronyism in Malaysia
2006
Explaining Returns with Loss Aversion
1998
The Cross‐Section of Volatility and Expected Returns
2006 Standout
The Capital Asset Pricing Model: Theory and Evidence
2004 StandoutNobel
Works of Charles E. Wasley being referenced
Is Research On Trading Rules Implementable? The Case Of Short-Term Contrarian Strategies
1998
Measuring Security Price Perfonnance Using Daily Returns: Issues Associated with Using NASDAQ Securities
1993
Performance matched discretionary accrual measures
2005 Standout
Why Do Managers Voluntarily Issue Cash Flow Forecasts?
2006
The joint effects of materiality thresholds and voluntary disclosure incentives on firms’ disclosure decisions
2009
Should Management Earnings Guidance be Pooled? Classifying Management Earnings Guidance into Capital Market, Opportunistic, and Disclose or Abstain Rationales: Implications for Research
2012
Soft-Talk Management Cash Flow Forecasts: Verifiability, Credibility and Stock Price Effects
2007
The Joint Effects of Materiality Thresholds and Voluntary Disclosure Incentives on Firms' Disclosure Decisions
2009
Sensitivity of Multivariate Tests of the Capital Asset‐Pricing Model to the Return Measurement Interval
1993
Research Design Issues and Related Inference Problems Underlying Tests of the Market Pricing of Accounting Information
2004
Can We Implement Research on Stock Trading Rules?
1995
A Further Examination of the Economic Consequences of SFAS No. 2
1992
Performance Matched Discretionary Accrual Measures
2001
Income Conservatism in the U.S. Technology Sector
2004
The relation between the return interval and betas
1989
An Analysis of the Theories and Explanations Offered for the Mispricing of Accruals and Accrual Components
2006
Regression‐Based Tests of the Market Pricing of Accounting Numbers: The Mishkin Test and Ordinary Least Squares
2007
Estimating earnings response coefficients: Pooled versus firm-specific models
1996