作者：Patatoukas, Panos N.; Thomas, Jacob K.
作者单位：University of California System; University of California Berkeley; Yale University
摘要：Despite the conceptual appeal and popularity of the differential timeliness (DT) measure of conditional conservatism proposed in Basu (1997), Dietrich et al. (2007) and Givoly et al. (2007) have identified considerable biases associated with that measure. We renew their call to avoid using the DT measure because it is affected unexpectedly by two empirical regularities-namely, scale is negatively related to (1) deflated mean earnings and (2) variance of stock returns. Even though these regular...
作者：Badertscher, Brad A.
作者单位：University of Notre Dame
摘要：In this study I examine how the degree and duration of overvaluation affect management's use of alternative within-GAAP earnings management, restrictions on further exploitation of within-GAAP accruals management, and subsequent non-GAAP earnings management. Further, I examine how one type of earnings management segues into another type as overvaluation persists. I present evidence that the longer the firm is overvalued, the greater is the amount of total earnings management. I also find that ...
