Farooqi, Javeria; Jory, Surendranath; Ngo, Thanh - In: Review of Accounting and Finance 19 (2019) 1, pp. 48-82
Purpose: This paper aims to examine the association between the types of mutual funds, i.e. active versus passive, and the level of earnings manipulation in companies that comprise their stock portfolios. Design/methodology/approach: The authors use Cremers and Petajisto’s (2009)...