Shon, John; Zhou, Ping - In: The International Journal of Business and Finance Research 4 (2010) 1, pp. 73-83
Recent research suggests that the mispricing of asset growth can explain the accruals anomaly. We reexamine this issue by focusing on the role of accounting manipulations in stock mispricing. Specifically, we hypothesize that accounting manipulations are at the root of the accruals anomaly but...