search query: @author Zhang, H. / total: 15
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| Author: | Das, S. Zhang, H. |
| Title: | Rounding-up in reported EPS, behavioral thresholds, and earnings management |
| Journal: | Journal of Accounting & Economics
2003 : APR, VOL. 35:1, p. 31-50 |
| Index terms: | Earnings Earnings per share Accounting research |
| Language: | eng |
| Abstract: | Reported earnings per share are frequently rounded to the nearest cent. This paper provides evidence that firms manipulate earnings so that they can round-up and report on more cent of EPS. Specifically the digit immediately right of the decimal in the calculated EPS number expressed in cents is examined. Evidence is presented that firms are more likely to round-up when managers ex ante expect rounding-up to meet analysts' forecasts, report positive profits, or sustain recent performance. |
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