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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Bibliographic Details
Main Authors: SEGAL, Dan, Callen, Jeffrey L., Robb, Sean
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2008
Subjects:
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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