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Managerial choice of discretionary accounting methods: An empirical evaluation of security market response
This study presents a comprehensive evaluation of managerial choice of discretionary accounting methods and the use of the reporting process in income smoothing. After analyzing concepts of smoothing behavior, including ...
Toward an Accounting-Centric Principal-Agent Framework: Theory and Some Applications
I develop a principal-agent framework in which agents take actions that influence a firm's general ledger accounts. My framework is tractable and facilitates optimal closed-form solutions without assuming preferred actions ...