Earnings Management and Accounting Income Aggregation* (2006)
John Jacob, Bjorn N. Jorgensen, Shuping Chen, John Core, Peter Easton, ...
University of Washington and an anonymous referee for their comments and suggestions. The Securities and Exchange Commission, as a matter of policy, disclaims responsibility for any private...
Does Investor Misvaluation Drive the Takeover Market? (2003)
Ming Dong, David Hirshleifer, Scott Richardson, Siew Hong Teoh, Peter Easton, ...
This paper tests the hypothesis that irrational market misvaluation a#ects firms' takeover behavior. We employ two contemporaneous proxies for market misvaluation, pre-takeover book/price ratios...
Warren Bailey, G. Andrew Karolyi, Carolina Salva, Jel Classification G, Peter Easton, Wayne Ferson, ...
We study return volatility and trading volume at times of earnings announcements to see if the increased disclosure faced by non-U.S. firms when listing shares in the U.S. has economically...
Earnings Management? Erroneous Inferences Based on Earnings Frequency Distributions
ABSTRACTA vast literature following Hayn [1995] and Burgstahler and Dichev [1997] attributed the so-called "discontinuities" in earnings distributions around zero to earnings management. Despite...