Earnings Management: IPO Valuation and Subsequent Performance

By L. DuCharme, Paul H. Malatesta, Stephan E. Sefcik. 2001

308 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/5f325194f9398c60229610754ecbf02f2924869d

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Citations in the corpus

Earnings Management in Malaysian IPOs: The East Asian Crisis, Ownership Control and Post-IPO Performance (2011, unknown): “DuCharme et al. (2004) note that the negative relationship between earnings management and post-IPO performance raises serious questions pertaining to market efficiency with respect to widely available accounting information.”
Pricing of Seasoned Equity Offers and Earnings Management (2005, background): “DuCharme, Malatesta, and Sefcik (2001) also investigate the relation between pre-IPO earnings management and subsequent stock performance.”
Earnings Quality and International IPO Underpricing (2011, unknown): “Because Ball and Shivakumar rely on statements that reflect different reporting choices for the same firms 4 Two other studies that find evidence of pre-IPO earnings manipulation are Aharony et al. (2000) and DuCharme et al. (2001).”
The effects of venture capital syndicate diversity on earnings management and performance of IPOs in the US and UK: An institutional perspective ☆ (2012, background): “earnings management negatively affects performance (DuCharme et al., 2001; Teoh et al., 1998a, 1998b), and those IPOs with greater earnings management in the IPO year are more likely to delist and to do so sooner (Zhou et al.”
Real and accrual earnings management and IPO failure risk (2015, methodology): “…utilising real and accrual earnings management around the offer year (Aharony et al. 1993, Friedlan 1994, Rangan 1998, Teoh et al. 1998a, 1998b, DuCharme et al. 2001, Elder and Zhou 2002, Roosenboom et al. 2003, Gramlich and Sorensen 2004, Chen et al. 2005, Morsfield and Tan 2006, Chang et al.…”
The Antecedents and Consequences of Top Management Fraud (2005, background): “Similarly, DuCharme, Malatesta, and Sefcik (2001) reported that managers manipulate earnings to increase their proceeds from initial public offers (IPOs), at the expense of investors.”
Board Independence, Ownership Structure and the Valuation of IPOs in Continental Europe (2014, unknown): “Accruals is a measure of pre-IPO abnormal accruals computed following DuCharme et al. (2001).”