Fang, Hongyan; Whidbee, David - In: Managerial Finance 39 (2013), pp. 1004-1031
Purpose – The purpose of this paper is to provide evidence in support of incentive and retention-based explanations for backdating. Design/methodology/approach – The authors use matching-firm techniques and the bivariate logistic model. Findings – Backdating firms tend to be younger and...