Corporate Governance and Pay-for-Performance: The Impact of Earnings Management

By Marcia Millon Cornett, Alan Marcus, Hassan Tehranian. 2008

839 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/4764e19ddb93f8a1c4775d826c6e078263e171e1

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Citations in the corpus

Ownership Structure and Earnings Management: Evidence from Portugal (2012, background): “In this vein, several studies document that institutional ownership inhibits managers to opportunistically engage in earnings management (Bange & De Bondt 1998; Bushee 1998; Chung et al. 2002; Cornett et al. 2008; Ebrahim 2007; Koh 2003).”
Does Corporate Governance Influence Earnings Management in Latin American Markets? (2014, background): “This model shows that the linear and quadratic terms of the internal ownership are significant at the 1 and 5 % levels, respectively, with the linear term negative and the quadratic term positive, suggesting that when the ownership of the insiders increases it reduces the EM by managers (Weisbach 19”
Corporate Governance, Islamic Governance and Earnings Management in Oman: A New Empirical Insights from a Behavioural Theoretical Framework (2017, neutral): “…have examined the effect of a number of different CG mechanisms on corporate EM practices (Chung et al., 2002; Klein, 2002; Xie et al., 2003; Cornett et al., 2008; Krishnan & Parsons, 2008; Gavious et al., 2012), they are mostly informed by insights drawn from agency theory and often report…”
Corporate Governance and Firm-Specific Stock Price Crashes (2016, background): “Similarly, Cornett et al. (2008) find that institutional investors obstruct earnings management.”
Can Strong Boards and Trading Their Own Firm’s Stock Help CEOs Make Better Decisions? Evidence from Acquisitions by Overconfident CEOs (2013, background): “5See Cornett, Marcus, and Tehranian (2008), Fich and Shivdasani (2006), Khorana, Tufano, and Wedge (2007), and Paul (2007). the effect of CEO overconfidence on acquisitiveness, not how board structure affects acquisitiveness directly.”
Institutional Investor Stability and Crash Risk: Monitoring versus Short-Termism? (2013, background): “Cornett et al. (2008) find a negative relation between institutional investor holdings and earnings quality measured by the absolute value of discretionary accruals and Hutton et al.”
Equity Incentives and Corporate Fraud in China (2015, background): “Independent represents the number of independent directors as a fraction of all directors (Beasley, 1996; Cornett et al., 2008).”
The Relation between Equity Incentives and Misreporting: The Role of Risk-Taking Incentives (2013, methodology): “as the absolute value of discretionary accruals calculated from each of the following three models of accruals: (i) modified Jones (1991), (ii) Dechow and Dichev (2002), and (iii) McNichols (2002).”
Target’s earnings quality and bidders’ takeover decisions (2013, neutral): “See, for example, Aboody et al. (2005), Bharath et al. (2008), Cornett et al. (2008), Doyle et al. (2007), Francis et al. (2004, 2005), Hutton et al. (2009), and Lee and Masulis (2009). through negotiations between the target and the bidder and is more likely to affect the takeover decisions that…”
Which Governance Mechanisms Promote Efficiency in Reaching Poor Clients? Evidence from Rated Microfinance Institutions (2012, neutral): “Recently, however, a study by Cornett and Tehranian (2008) shows that if a firm’s performance is adjusted for earning management, the measured importance of governance variables increases and the impact of incentive-based compensation on corporate performance decreases; thus, the presence of…”
Do More Reputable Financial Institutions Reduce Earnings Management by IPO Issuers (2011, neutral): “…(Chou, Gombola and Liu, 2006), M&A transactions (Erickson and Wang, 1999; Louis, 2004; Gong, Louis, and Sun, 2008), corporate governance mechanisms (Cornett, Marcus, and Tehranian, 2008; Klein, 2002; Warfield, Wild, and Wild, 1995; Beasley, 1996), equity flotation costs (Lee and Masulis, 2009),…”