In this paper, we examine the growing number of behavioral studies of how financial reporting, auditing, and other corporate governance regulations affect earnings management and accounting choice-related decisions of managers, auditors, and directors. We first describe how experimental and...

In this paper, we examine the possibility that disclosure of non-GAAP earnings allows managers to satisfy market expectations with respect to firm performance without resorting to GAAP earnings management, reducing the aggressiveness of managers' GAAP reporting. In an experiment using...

Prior literature finds that short selling is beneficial to the market because it increases liquidity and helps to discipline optimistic market prices. In this paper we use two controlled experiments to examine the potential for an unintended consequence of allowing short selling or easing short...

We survey recent (mainly US) research on the effects of earnings presentation attributes on manager and user behaviour. The literature we discuss relates to three primary earnings presentation attributes: (1) disaggregation (vertical and horizontal), (2) location (recognition vs. disclosure,...