Shareholders’ Pay-Out–Related Thresholds and Earnings Management
We investigate the thresholds in net shareholder pay-outs (dividends, share buy-backs and issuances) of a large sample of UK quoted firms. Discretionary accruals are analysed at these thresholds in relation to earnings management. By examining distributions and using a robust test for discontinuitie...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Ljubljana
2013-06-01
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| Series: | Economic and Business Review |
| Online Access: | http://www.ebrjournal.net/ojs/index.php/ebr/article/view/269/pdf |