dc.contributor.authorDas, Somnath
dc.contributor.authorZhang, Huai
dc.date.accessioned2013-12-10T01:45:03Z
dc.date.available2013-12-10T01:45:03Z
dc.date.copyright2003en_US
dc.date.issued2003
dc.identifier.citationDas, S., & Zhang, H. (2003). Rounding-up in reported EPS, behavioral thresholds, and earnings management. Journal of Accounting and Economics, 35(1), 31-50.en_US
dc.identifier.issn0165-4101en_US
dc.identifier.urihttp://hdl.handle.net/10220/18186
dc.description.abstractReported earnings per share (EPS) are frequently rounded to the nearest cent. This paper provides evidence that firms manipulate earnings so that they can round-up and report one more cent of EPS. Specifically, we examine the digit immediately right of the decimal in the calculated EPS number expressed in cents. Evidence is presented that firms are more likely to round-up when managers ex ante expect rounding-up to meet analysts’ forecasts, report positive profits, or sustain recent performance. Further investigation provides evidence that working capital accruals are used to round-up EPS.en_US
dc.format.extent20 p.en_US
dc.language.isoenen_US
dc.relation.ispartofseriesJournal of accounting and economicsen_US
dc.rights© 2003 Elsevier B.V. This is the author created version of a work that has been peer reviewed and accepted for publication by Journal of Accounting and Economics, Elsevier B.V. It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document. The published version is available at: [DOI:http://dx.doi.org/10.1016/S0165-4101(02)00096-4 ].en_US
dc.subjectDRNTU::Business::Accounting::Valuation
dc.titleRounding-up in reported EPS, behavioral thresholds, and earnings managementen_US
dc.typeJournal Article
dc.contributor.schoolCollege of Business (Nanyang Business School)en_US
dc.identifier.doihttp://dx.doi.org/10.1016/S0165-4101(02)00096-4
dc.description.versionAccepted versionen_US


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