The Economics of Earnings Manipulation and Managerial Compensation
---- Acknowledgements -----
The authors gratefully acknowledge the helpful suggestions provided on earlier drafts by Thomas Gresik, Arthur Snow, and seminar audiences at the Pennsylvania State University, the University of Georgia, and the University of Notre Dame. A particular debt of gratitude is owed to an anonymous referee, whose thoughtful advice and constructive criticism has greatly improved the quality of the final product. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.