We investigate the governance effect of ownership structure on real earnings management (REM). Using a large sample of Chinese listed firms from 2003 to 2010, we provide empirical evidence that ownership structure significantly affects the level of REM. We find that the level of REM is...

We predict that managers of firms in countries where languages do not require speakers to grammatically mark future events perceive future consequences of earnings management to be more imminent, and therefore, they are less likely to engage in earnings management. Using data from 38 countries...

We investigate the relationship between underwriter reputation and earnings management of IPO firms over the period of 1991-2005. We find that IPO firms engage in less earnings management if they are underwritten by prestigious investment bankers. Furthermore, the role of prestigious...