Trueman (1986) theorizes that managers voluntarily issue earnings forecasts to signal their ability. Consistent with … this theory, we find that the likelihood and frequency of management earnings forecast issuance increase with CEO ability … credibility to management forecasts. Overall, our study highlights that a personal characteristic of the CEO is associated with an …

study yields unexpected results. First, powerful managers receive higher pay and a contract with a higher pay … are both increasing in the friendliness of the board. Second, we show that friendly boards provide managers with higher … show that powerful managers underinvest in capital but have less incentives to manage earnings …

managers select income-increasing accounting methods because they expect their income-based bonus to increase as a result of …

management behavior in an emerging economy, Pakistan. Using 1836 firm-year observations from 260 firms listed in KSE for period … 2005 to 2012, we do not find that CEO compensation has significant influence on earnings management behavior however weak … higher earnings management. Sub-sample analysis shows that both concentrated and family ownerships are related to income …

of family ownership on the relation between earnings management and CEO turnover. Consistent with agency theory, we find … a positive and significant relation between earnings management and CEO turnover in the overall sample, the association …

management earnings forecasts (MFs) and the relationship between these two positions in terms of compensation. Our evidence …