This study examines the association between corporate governance and accruals earnings management using a Corporate Governance Index (CGI) consisting of 55 individual corporate governance measures. Prior literature has focused primarily on certain individual corporate governance measures,...

A crucial issue for financial markets valuation is the interrelationship between the balance sheet figures in stock markets and economic conditions. In this framework empirical research has concentrated on the derivation of the aggregate fair values in stock markets through the examination of...