Earnings-based bonus plans and earnings management by business-unit managers 1 We thank the Center for Business and Economic Research (CBER) at the University of New Hampshire for financial support and Luke Boulanger and Yong Chen for research assistance. We also thank workshop participants at the JAE Conference, the 1997 American Accounting Association annual meeting, the Boston Accounting Research Colloquium (BARC), the University of Colorado, the University of Connecticut, Fairfield University, Indiana University, the University of Rochester, SUNY Buffalo, Syracuse University, and Virginia Tech. We owe particular thanks to Paul Healy (the referee and discussant) and Jerry Zimmerman (the editor), and to Daniel Beneish, Bruce Billings, Walt Blacconiere, Harry Evans, Pat Hopkins, James Horrigan, Scott Keating, S.P. Kothari, Rick Morton, Jim Patton, Charlotte Pryor, Jerry Salamon, Phil Shane, Terry Shevlin, Naomi Soderstrom, and Nathan Stuart for their helpful comments on earlier drafts. 1
Titel:
Earnings-based bonus plans and earnings management by business-unit managers 1 We thank the Center for Business and Economic Research (CBER) at the University of New Hampshire for financial support and Luke Boulanger and Yong Chen for research assistance. We also thank workshop participants at the JAE Conference, the 1997 American Accounting Association annual meeting, the Boston Accounting Research Colloquium (BARC), the University of Colorado, the University of Connecticut, Fairfield University, Indiana University, the University of Rochester, SUNY Buffalo, Syracuse University, and Virginia Tech. We owe particular thanks to Paul Healy (the referee and discussant) and Jerry Zimmerman (the editor), and to Daniel Beneish, Bruce Billings, Walt Blacconiere, Harry Evans, Pat Hopkins, James Horrigan, Scott Keating, S.P. Kothari, Rick Morton, Jim Patton, Charlotte Pryor, Jerry Salamon, Phil Shane, Terry Shevlin, Naomi Soderstrom, and Nathan Stuart for their helpful comments on earlier drafts. 1