firms with low/poor operating performance are more likely to choose income-increasing actions (strategies) than firms with … high operating performance. After confirming that low operating performance firms manage earnings upward, the authors then … assess whether this opportunistic earnings management by these low operating performance firms reduces the value relevance of …

actions taken by management, impact the operating performance of sued firms. Design/methodology/approach A matched sample is … the impact corrective actions have on operating performance. Findings The results show that operating underperformance … leverage post filing, experience subsequent increases in their operating performance. Originality/value The results show that …

companies use the new capital they raise in IPOs? How does the use of new capital affect the operating performance of IPO … suggest that the more the new capital firms raise in IPOs, the lower operating performance they have in subsequent years …

-IPO operating performance between dual and single-class firms. This paper follows and Chemmanur et al. (2011) in measuring long … experience higher post-IPO operating performance regardless of managerial quality. Furthermore, the findings indicate minimal …