2008, ISBN: 9783836473958

[ED: Softcover], [PU: VDM Verlag Dr. Müller], For at least two decades, it was believed that making managers into owners could ameliorate many agency conflicts existing in capital markets… Meer...

[ED: Softcover], [PU: VDM Verlag Dr. Müller], For at least two decades, it was believed that making managers into owners could ameliorate many agency conflicts existing in capital markets settings. In fact, it now appears that managerial ownership of stock itself may encourage earnings manipulations. In this study, we show that CEO insider trading, earnings manipulations, and the ability to meet and exceed market benchmarks are all interrelated. Managers manipulate earnings to exceed analyst earnings forecasts. Additionally, managerial insider selling increases with performance relative to analyst forecasts, and is magnified by stock option holdings. Insider selling is more intense among managers who have used earnings manipulations to exceed forecasts. Additionally, managers who sell following the announcement of an earnings surprise are able to earn abnormal profits. Firms having both positive earnings surprises and insider selling exhibit lower subsequent accounting performance. This study is of interest to academics, practitioners who are interested in the finer mechanisms of markets, and advanced finance students, alike. 2008. 164 S. Versandfertig in 6-10 Tagen, DE, [SC: 0.00], Neuware, gewerbliches Angebot, Offene Rechnung (Vorkasse vorbehalten)<

2008, ISBN: 9783836473958

[ED: Softcover], [PU: VDM Verlag Dr. Müller], For at least two decades, it was believed that making managers into owners could ameliorate many agency conflicts existing in capital markets… Meer...

[ED: Softcover], [PU: VDM Verlag Dr. Müller], For at least two decades, it was believed that making managers into owners could ameliorate many agency conflicts existing in capital markets settings. In fact, it now appears that managerial ownership of stock itself may encourage earnings manipulations. In this study, we show that CEO insider trading, earnings manipulations, and the ability to meet and exceed market benchmarks are all interrelated. Managers manipulate earnings to exceed analyst earnings forecasts. Additionally, managerial insider selling increases with performance relative to analyst forecasts, and is magnified by stock option holdings. Insider selling is more intense among managers who have used earnings manipulations to exceed forecasts. Additionally, managers who sell following the announcement of an earnings surprise are able to earn abnormal profits. Firms having both positive earnings surprises and insider selling exhibit lower subsequent accounting performance. This study is of interest to academics, practitioners who are interested in the finer mechanisms of markets, and advanced finance students, alike. 2008. 164 S. Versandfertig in 6-10 Tagen, DE, [SC: 0.00], Neuware, gewerbliches Angebot, Offene Rechnung (Vorkasse vorbehalten)<

2008, ISBN: 383647395X

[EAN: 9783836473958], Neubuch, [PU: VDM Verlag Dr. Müller], nach der Bestellung gedruckt Neuware -For at least two decades, it was believed that making managers into owners could ameliora… Meer...

[EAN: 9783836473958], Neubuch, [PU: VDM Verlag Dr. Müller], nach der Bestellung gedruckt Neuware -For at least two decades, it was believed that making managers into owners could ameliorate many agency conflicts existing in capital markets settings. In fact, it now appears that managerial ownership of stock itself may encourage earnings manipulations. In this study, we show that CEO insider trading, earnings manipulations, and the ability to meet and exceed market benchmarks are all interrelated. Managers manipulate earnings to exceed analyst earnings forecasts. Additionally, managerial insider selling increases with performance relative to analyst forecasts, and is magnified by stock option holdings. Insider selling is more intense among managers who have used earnings manipulations to exceed forecasts. Additionally, managers who sell following the announcement of an earnings surprise are able to earn abnormal profits. Firms having both positive earnings surprises and insider selling exhibit lower subsequent accounting performance. This study is of interest to academics, practitioners who are interested in the finer mechanisms of markets, and advanced finance students, alike. 164 pp. Englisch, Books<

2013, ISBN: 9783836473958

[ED: Kartoniert / Broschiert], [PU: VDM Verlag Dr. Mueller], Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. For at least two decades, it … Meer...

[ED: Kartoniert / Broschiert], [PU: VDM Verlag Dr. Mueller], Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. For at least two decades, it was believed that making managers into owners could ameliorate many agency conflicts existing in capital markets settings. In fact, DE, [SC: 0.00], Neuware, gewerbliches Angebot, Hardcover, 164, [GW: 261g], 1/2013, Banküberweisung, PayPal<

2013, ISBN: 383647395X

[EAN: 9783836473958], Neubuch, [PU: VDM Verlag Dr. Müller], WIRTSCHAFT BETRIEBSWIRTSCHAFT EINKOMMEN GEHALT (ARBEITSENTGELT), Dieser Artikel ist ein Print on Demand Artikel und wird nach … Meer...

[EAN: 9783836473958], Neubuch, [PU: VDM Verlag Dr. Müller], WIRTSCHAFT BETRIEBSWIRTSCHAFT EINKOMMEN GEHALT (ARBEITSENTGELT), Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung für Sie gedruckt. For at least two decades, it was believed that making managers into owners could ameliorate many agency conflicts existing in capital markets settings. In fact,, Books<