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The Quarterly Journal of Business and Economics presents scholarly articles in finance, accounting, economics, management and marketing.
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Do managers grant sales price reductions to avoid losses and declines in earnings and sales?(Statistical Data Included)
September 22, 2000... Scott B. Jackson (*)
Introduction and Motivation
Empirical research suggests that managers sometimes make operating decisions to meet short-term financial reporting objectives, even though those decisions may be detrimental to the firm...
Earnings management in healthy firms.(Statistical Data Included)
September 22, 2000... Introduction
Positive accounting research relies on agency theory to explain and predict accounting choices of managers. The incentives of the contracting parties affect accounting choices because accounting numbers often are used in...
The Value Line enigma revisited.(Statistical Data Included)
September 22, 2000... Introduction
The Value Line effect is one of the most well-known and longest-standing asset pricing anomalies. Each week, Value Line Investment Survey (VL) ranks roughly 1,700 firms based on expected future returns. Firms are ranked from 1...
A reexamination of institutions and individuals at the turn of the year.
September 22, 2000... Introduction
Sias and Starks (1997) examine the differences in returns from portfolios dominated by institutional investors and individual investors to distinguish tax-loss selling and the window dressing hypothesis as explanations for the...