Choi, Jong-Seo; Kwak, Young-Min; Choe, Chongwoo - Volkswirtschaftliche Fakultät, … - 2012
This article examines the empirical relation between CEO turnover and earnings management in Korea using a sample of … or recruited from outside the firm. We measure earnings management by both discretionary accruals and real activities … management. We also control for the potential endogeneity of CEO turnover using Heckman’s two-stage approach. After controlling …