Revenue Manipulation for Valuation Purposes
This paper investigates the relation between the extent of a firm's past and expected future losses or negative cash flows and the ex anteprobability that it will manipulate revenues. When a firm has a string of losses or negative cash flows, traditional valuation models do not yield reliable e...
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Main Authors: | SEGAL, Dan, Callen, Jeffrey L., Robb, Sean |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2008
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Online Access: | https://ink.library.smu.edu.sg/soa_research/804 http://dx.doi.org/10.2308/aud.2008.27.2.1 |
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Institution: | Singapore Management University |
Language: | English |
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