examine four accounting-based financial reporting quality proxies and, to reflect broader economics, we examine cost of debt …

We examine whether option prices correct for predictable bias in stock prices associated with accounting anomalies …

validity test on accounting research. If the economic magnitude of the study's proxy for quality on firm value is “too large …

Accounting studies routinely encounter observations taking on extreme values. Such observations can influence … statistical estimates (coefficient) and inferences. Our survey of the accounting literature documents that the two most common … to implement in accounting settings. While RR is not without limitations, overall, our findings lead us to recommend that …