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  • Influence
Internal Control Over Financial Reporting and Managerial Rent Extraction: Evidence from the Profitability of Insider Trading
This paper examines the association between ineffective internal control over financial reporting and the profitability of insider trading. We predict and find that the profitability of insiderExpand
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Did accelerated filing requirements and SOX Section 404 affect the timeliness of 10-K filings?
This paper examines the effect of Sarbanes-Oxley provisions on 10-K filing delays. We find that tightened filing deadlines for accelerated and large accelerated filers are not associated with changesExpand
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Disclosures of Insider Purchases and the Valuation Implications of Past Earnings Signals
ABSTRACT: This study examines whether disclosures of insider equity purchases on Securities and Exchange Commission (SEC) Form 4 resolve uncertainty regarding the valuation implications of reportedExpand
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Corporate Lobbying and CEO Pay
This study examines the agency costs of corporate lobbying by exploring the relation between lobbying and excess CEO compensation. We show that CEOs of firms engaged in lobbying earn significantlyExpand
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Decomposing Executive Stock Option Exercises: Relative Information and Incentives to Manage Earnings
This paper examines the information content of stock option exercises versus regular insider share trades by corporate executives. We argue that the asymmetric payoff structure of options makesExpand
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Non-GAAP Earnings Disclosure in Loss Firms
This study examines the incremental information in loss firms’ non‐GAAP earnings disclosures relative to GAAP earnings. Using a large sample obtained through textual analysis and hand‐collection, weExpand
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Did the waste management audit failures signal lower firm-wide audit quality at Arthur Andersen?
This study investigates Arthur Andersen’s audit quality in the decade before the collapse of Enron. Andersen’s involvement in the Waste Management audit failures – which relate to audits of theExpand
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Measurement Error in Dependent Variables : An Illustration within the Accounting Literature
This paper illustrates how measurement error (“ME”) in dependent variables can bias inferences. Specifically, we show that ME in dependent variables does not only reduce power but, under commonExpand