This paper seeks to determine whether Danish managers exercise discretionary accruals to reach earnings forecast targets they voluntarily specify in conjunction with initial public offerings (IPOs). Because the Danish accounting and legal environment is more permissive than the US, we use...

Using fixed–effects models of state corporate income tax (SCIT) revenues that account for the endogeneity of apportionment formula weights and tax rates, we find that states with a double–weighted sales factor experience lower SCIT revenues than do states with an equally–weighted sales...

This paper investigates the usage, determinants and earnings effect of special purpose entities based on a large sample of firms from 1994 to 2004. We find that SPE use has grown substantially in recent years and that the number of SPEs is related to economic motivations, financial reporting...

We seek to document errors that could affect studies of earnings management. The case of earnings management in response to the book income adjustment (BIA) of the alternative minimum tax (AMT) offers a unique laboratory because the incentives to manage book income downward in 1987 appear so...

Many argue that uncontested director elections are meaningless because director nominees are almost surely elected. We assess whether the outcomes of uncontested director elections still serve as an informative poll of investor perceptions regarding board performance. We find that higher (lower)...

Aiming at the outstanding housing problems of the high vacancy rate in our country, on the basis of analyzing the reasons for existing vacant housing, we used the smart growth theory as a guide to solve the problem of vacant housing, and to reduce resource waste caused by vacant housing from...

The conceptualization and measurement of self-control remains a debated topic, in criminology as well as other social and behavioral sciences. The current study compared the relationships between the Grasmick and colleagues (1993) self-control scale and the redefined self-control measure by...

A Phase Change Slurry (PCS) is a latent heat storage and transfer medium consisting of a Phase Change Material (PCM) as a dispersed phase and a carrier fluid as a continuous phase. PCSs have a high energy density because they use not only the sensible heat capacity of the carrier fluid, but also...

Motivated forgetting is a psychological defense mechanism whereby people cope with threatening and unwanted memories by suppressing them from consciousness. A series of laboratory experiments investigate whether social identity threat can motivate people subsequently to forget identity-linked...