...Xu Jiang; Baohua Xin ABSTRACT We explicitly model financial reporting discretion and earnings management in an investment setting where managers have incentives to behave myopically. We show that when managers are sufficiently, but not excessively, myopic, granting them some discretion over...

... a neutral benchmark. aggregation disclosure persuasion reporting discretion segment reporting sender-receiver games 2017 August 2014 February 2016 Editor's note: Accepted by Thomas Hemmer. We appreciate valuable comments from Sanjay Banerjee, Jeremy Bertomeu, Bjorn...

... that are used in financial disclosures. 2015 numerical format sensitivity analysis risk judgment reporting discretion persuasion knowledge model cognitive capacity Managers have discretion over the numerical format they use...

.... The paper also analyzes how the optimal pay convexity and the equilibrium level of manipulation change when the CEO's opportunistic reporting discretion changes. The model predicts that an increase in the CEO's marginal cost of manipulation increases the optimal level of pay convexity and first increases...