Industry product market competition and managerial incentives

By C. Karuna. 2007

527 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/023f80fa0dd368294a4ee73a1f35c93716e09e91

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Economics and Econometrics

Citations in the corpus

The impacts of product market competition on the quantity and quality of voluntary disclosures (2010, background): “I start from the sample with valid competition measures as described in Appendix 2 and delete industries with less than three member firms. 12 As in Karuna (2007) ,”
The Real Effects of Disclosure Tone: Evidence from Restatements (2011, unknown): “Furthermore, competition affects agency costs and uncertainty about economic conditions (Karuna, 2007), both of which can influence investment.”
Proprietary Costs and the Disclosure of Information About Customers (2012, unknown): “, see Karuna (2007). Our first measure of product market competition is based on the industry average profit adjustment speed.”
Redacting Proprietary Information at the Initial Public Offering (2015, methodology): “To examine the effect of competition on the likelihood of redaction and on associated outcomes, we use four competition measures: entry costs, market size, market share, and product substitutability (Karuna 2007), which reduces the observations to 2,231.”
A Measure of Competition Based on 10-K Filings (2012, unknown): “We assess the construct validity of our measure by correlating it with seven other measures of competition offered in Karuna (2007, 2010) and Li (2010). These papers examine how industry-level competition influences management’s voluntary disclosures about future operating activities (e.”
Beating Competitors to International Markets: The Value of Geographically Balanced Networks for Innovation (2014, background): “1996), and as having increased product market competition (Karuna, 2007) are more likely to seek international cooperation.”
Is the Risk of Product Market Predation a Cost of Disclosure (2016, background): “First, even a small risk of predation could be sufficient to lead an owner-manager to avoid disclosure, so the ex post rate of predation is likely to be 41 See Bens et al. (2011) and Karuna (2007) for similarly constructed measures of product substitutability and costs of entry.”
Product market power, industry structure, and corporate earnings management (2013, background): “In a related accounting study, Karuna (2007) shows that firms in more competiive industries monitor their CEOs more closely than in less competitive industries.”
Corporate Suppliers and Customers and Accounting Conservatism (2012, methodology): “Barriers-to-entry in an industry are calculated as in Karuna (2007), as the weighted average gross value of the cost of property, plant, and equipment for firms in an industry weighted by each firm’s sales market share in the industry.”