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  1. Review of Quantitative Finance and Accounting
  2. Review of Quantitative Finance and Accounting : Volume 38
  3. Review of Quantitative Finance and Accounting : Volume 38, Issue 2, February 2012
  4. Earnings management and market liquidity
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Review of Quantitative Finance and Accounting : Volume 48
Review of Quantitative Finance and Accounting : Volume 47
Review of Quantitative Finance and Accounting : Volume 46
Review of Quantitative Finance and Accounting : Volume 45
Review of Quantitative Finance and Accounting : Volume 44
Review of Quantitative Finance and Accounting : Volume 43
Review of Quantitative Finance and Accounting : Volume 42
Review of Quantitative Finance and Accounting : Volume 41
Review of Quantitative Finance and Accounting : Volume 40
Review of Quantitative Finance and Accounting : Volume 39
Review of Quantitative Finance and Accounting : Volume 38
Review of Quantitative Finance and Accounting : Volume 38, Issue 4, May 2012
Review of Quantitative Finance and Accounting : Volume 38, Issue 3, April 2012
Review of Quantitative Finance and Accounting : Volume 38, Issue 2, February 2012
Banks’ lending behavior and monetary policy: evidence from Sweden
The demand for accounting information: young NASDAQ listings versus S&P 500 NYSE listings
Effect of the Sarbanes–Oxley act on CEOs’ stock ownership and pay-performance sensitivity
How to identify targets in the M&A banking operations? Case of cross-border strategies in Europe by line of activity
Re-examining the investment-uncertainty relationship in a real options model
Earnings management and market liquidity
Review of Quantitative Finance and Accounting : Volume 38, Issue 1, January 2012
Review of Quantitative Finance and Accounting : Volume 37
Review of Quantitative Finance and Accounting : Volume 36
Review of Quantitative Finance and Accounting : Volume 35
Review of Quantitative Finance and Accounting : Volume 34
Review of Quantitative Finance and Accounting : Volume 33
Review of Quantitative Finance and Accounting : Volume 32
Review of Quantitative Finance and Accounting : Volume 31
Review of Quantitative Finance and Accounting : Volume 30
Review of Quantitative Finance and Accounting : Volume 29
Review of Quantitative Finance and Accounting : Volume 28
Review of Quantitative Finance and Accounting : Volume 27
Review of Quantitative Finance and Accounting : Volume 26
Review of Quantitative Finance and Accounting : Volume 25
Review of Quantitative Finance and Accounting : Volume 24
Review of Quantitative Finance and Accounting : Volume 23
Review of Quantitative Finance and Accounting : Volume 22
Review of Quantitative Finance and Accounting : Volume 21
Review of Quantitative Finance and Accounting : Volume 20
Review of Quantitative Finance and Accounting : Volume 19
Review of Quantitative Finance and Accounting : Volume 18
Review of Quantitative Finance and Accounting : Volume 17
Review of Quantitative Finance and Accounting : Volume 16
Review of Quantitative Finance and Accounting : Volume 15
Review of Quantitative Finance and Accounting : Volume 14
Review of Quantitative Finance and Accounting : Volume 13
Review of Quantitative Finance and Accounting : Volume 12
Review of Quantitative Finance and Accounting : Volume 11
Review of Quantitative Finance and Accounting : Volume 10
Review of Quantitative Finance and Accounting : Volume 9
Review of Quantitative Finance and Accounting : Volume 8

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Earnings management and market liquidity

Content Provider Springer Nature Link
Author Ascioglu, Asli Hegde, Shantaram P. Krishnan, Gopal V. McDermott, John B.
Copyright Year 2011
Abstract The main purpose of this paper is to argue the extent that earnings management lowers disclosure quality. It should increase information asymmetry and impair trading liquidity. Using a large sample of NYSE firms from 1996 to 2001, we find evidence to suggest that firms which exhibit greater earnings management are associated with lower market liquidity. Our results are robust to both real and accounting based measures of earnings management and two well established measures of market liquidity. However, they are not consistent with the Easley et al. probability of informed trade measure.
Starting Page 257
Ending Page 274
Page Count 18
File Format PDF
ISSN 0924865X
Journal Review of Quantitative Finance and Accounting
Volume Number 38
Issue Number 2
e-ISSN 15737179
Language English
Publisher Springer US
Publisher Date 2011-01-14
Publisher Place Boston
Access Restriction One Nation One Subscription (ONOS)
Subject Keyword Liquidity Disclosure Adverse selection Earnings management Earnings quality Informed trade Asymmetric information Operations Research/Decision Theory Accounting/Auditing Econometrics Finance/Investment/Banking
Content Type Text
Resource Type Article
Subject Finance Accounting
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