In this paper, we investigate the effect of shareholder activism on earnings management. Using a US sample of shareholder pay-for-performance proposals sponsored by institutional investors, we find that when compared to control firms, firms targeted by shareholder proposals have a greater...

This paper examines whether shareholder rights, which enable shareholders to replace managers, can constrain earnings management and whether this effect is conditional on the level of insider ownership. Using the comprehensive shareholder rights measure constructed by Gompers, Ishii, and Metrick...

Cover -- EDITORIAL ADVISORY BOARD -- Guest editorial -- Firm-specific corporate governance and analysts' earnings forecast characteristics -- Gender diversity in employees and discretionary accruals: the Korean evidence -- SOX 404 and debt contracting value of accounting information -- A review...