Earnings Management to Avoid Earnings Boosts

Acknowledgements The authors are thankful to Professor Frank Hong Liu for suggestions that improved the original draft of the article. The authors also appreciate the comments by two anonymous reviewers.Peer reviewedPostprin

Earnings management in the aftermath of the zero-earnings discontinuity disappearance

The authors are thankful to the participants and discussants at the British Accounting and Finance Association Annual Conference 2016 at University of Bath and the BAFA Scottish Area Group Conference 2016 at University of Strathclyde for constructive comments. The authors also appreciate the useful comments by two anonymous reviewers on the early version of this paper.Peer reviewedPostprin

Evidence that financing decisions contributed to the zero-earnings discontinuity

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Managerial Ability, Earnings Quality and ISIS : Evidence from Iraq

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Policy Uncertainty and Real Activities Manipulation : Evidence from Brexit

We are thankful for helpful comments provided by Sebastian Tideman and Bianca Beyer as well as participants in the EAA 2022 Annual Congress in Bergen, Norway. All errors and omissions are ours.Peer reviewe

The Current State of Corporate Human Rights Disclosure of the Global Top 500 Business Enterprises : Measurement and determinants

Acknowledgements We appreciate feedback received from Karin Buhmann, Antoine Duval, Elisa Giuliani, Samentha Goethals, Muhammad Azizul Islam, and Vasanthi Srinivasan, as well as from participants at the 2018 Global Business and Human Rights Research Workshop in Geneva (Switzerland) and the 2019 Business and Human Rights Workshop in The Hague (Netherlands). We also thank Anna R. Rudolf for excellent research support. All remaining errors are our own.Peer reviewe

Audit Committee Financial Expertise, Audit Committee Independence, and Regulatory Oversight on External Auditors

Acknowledgement We deeply appreciate constructive insights from Flora Muiño (associate editor) and two anon-ymous reviewers.Peer reviewe

Evidence that financing decisions contribute to the zero-earnings discontinuity

In this paper we argue that financing decisions contribute to the zero-earnings discontinuity. We find a discontinuity in the distribution of earnings before tax and earnings before special items, but not in the distribution of earnings before interest which suggests that interest expense contributes to the zero-earnings discontinuity. We provide evidence that the impact of financing decisions on the earnings discontinuity can be explained by cost of financing. To investigate the role of interest expense in the zero-earnings discontinuity, we further show that there was a discontinuity in the distribution of the level of debt issues around zero earnings contemporaneous with the zero-earnings discontinuity. We also show that the recent disappearance of zero-earnings discontinuity is coincident with the disappearance of the discontinuity in the debt issuance distribution. Overall, our findings suggest that the level of debt contributed to the zero-earnings discontinuity when it existed.</p