Peasnell, K.V.; Pope, P.F.; Young, S. - In: Journal of Business Finance & Accounting 32 (2005-09) 7-8, pp. 1311-1346
This paper examines whether the incidence of earnings management by UK firms depends on board monitoring. We focus on two aspects of board monitoring: the role of outside board members and the audit committee. Results indicate that the likelihood of managers making income-increasing abnormal...