NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Economics of Earnings Manipulation and Managerial Compensation

Keith J. Crocker, Joel Slemrod

NBER Working Paper No. 12645
Issued in October 2006

---- 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.

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