The Accounting Review 63(2), pp. 321-327.
ISSN/ISBN: Not available at this time. DOI: Not available at this time.
Abstract: This Note reports that the frequency of occurrence of certain second digits (especially zero) contained in earnings numbers of New Zealand firms departs significantly from expectations. Specifically, there is a much higher than expected frequency of zeros and a less than expected frequency of nines as the second-from-the-left most digit in reported earnings. This abnormality may provide evidence of goal oriented or goal achieving behavior.
Bibtex:
@article{,
ISSN = {00014826},
URL = {http://www.jstor.org/stable/248109},
author = {Charles A. P. N. Carslaw},
journal = {The Accounting Review},
number = {2},
pages = {321--327},
publisher = {American Accounting Association},
title = {Anomalies in Income Numbers: Evidence of Goal Oriented Behavior},
volume = {63},
year = {1988}
}
Reference Type: Journal Article
Subject Area(s): Accounting