Firm diversification and earnings management: Evidence from seasoned equity offerings
Popular press suggests that diversified firms are more aggressive in managing earnings than non-diversified firms. We examine this claim in the seasoned equity offering (SEO) setting, where firms have been shown to have the incentive to manage earnings upwards. Using the cross-sectional modified Jon...
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Main Authors: | , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2008
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/1143 https://ink.library.smu.edu.sg/context/lkcsb_research/article/2142/viewcontent/Firm_diversification_Earnings.pdf |
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Institution: | Singapore Management University |
Language: | English |