Relationship-Specific Investments and Earnings Management: Evidence on Corporate Suppliers and Customers

By K. Raman, Husayn K. Shahrur. 2008

546 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/94ea8defa23cfa1dc7ac459f4644b3e904e85691

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Citations in the corpus

Customers’ Risk Factor Disclosures and Suppliers’ Investment Efficiency (2019, background): “…especially in the case of small suppliers with relatively weak bargaining power.4 Consistently, a few accounting studies document that the information disclosed in firms’ annual reports or the quality of such information matters to their suppliers (e.g., Raman and Shahrur 2008; Dou et al. 2013).”
Employee Ownership and Firm Disclosure (2015, background): “For example, according to Reynolds et al. (1998), an important feature of labor negotiations is an effort to conceal or even misrepresent one’s true position.”
Government Procurement and Changes in Firm Transparency (2020, background): “See also Bowen, Ducharme, and Shores (1995), Raman and Shahrur (2008), and Costello (2013).”
Stock price crash risk: review of the empirical literature (2018, unknown): “…that supplier firms with a concentrated customer base manage earnings through the opportunistic use of accruals (Bowen, DuCharme, and Shores, 1995; Raman and Shahrur, 2008), report conservatively (Hui, Klasa, and Yeung, 2012), and make less frequent earnings forecasts (Crawford, Huang, Li, and…”
Friend or foe: Customer-supplier relationships and innovation (2017, unknown): “…&Montoriol-Garriga, 2013; Kale & Shahrur, 2007; Petersen & Rajan, 1997; Titman &Wessels, 1988; Wang, 2012; Wilner, 2000), earnings management (Raman & Shahrur, 2008), accounting conservatism (Hui, Klasa, & Yeung, 2012), mergers and acquisitions (Ahern, 2012; Ahern &Harford, 2014;…”
Customer-Supplier Relationships and Corporate Tax Avoidance (2017, background): “Raman and Shahrur (2008) find that relationship-specific investments by suppliers/customers are positively related to earnings management, consistent with the argument that firms in a close customer-supplier relationship have opportunistic incentives to increase their stakeholders’ perceived…”
Doing Good Business by Hiring Directors with Foreign Experience (2016, background): “Because implicit contracts have no legal standing and are self-enforcing, stakeholders suffer losses on a relationshipspecific investment if the firm reneges on the terms of the trade (Bowen et al. 1995; Raman and Shahrur, 2008; Dou et al. 2013).”
The effects of financial reporting and disclosure on corporate investment: A review (2019, background): “A related idea proposed by Raman and Shahrur (2008) is that firms manage their earnings opportunistically to influence suppliers and customers to make larger relationship-specific investments.”
Financial distress and customer-supplier relationships (2017, background): “Contemporary Accounting Research, 28(4), 13041343. Raman, K., & Shahrur, H. (2008). Relationship-specific investments and earnings management: Evidence on corporate suppliers and customers.”
Customer Concentration Risk and the Cost of Equity Capital (2016, methodology): “, 2012), have more discretionary accruals (Raman and Shahrur, 2008), hold more cash (Itzkowitz, 2013), and pay fewer dividends (Wang, 2012).”