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EM is seen as the opposite of earnings quality and can be defined as the extent to which managers exercise their discretion over accounting numbers, thereby deliberately aiming to alter financial reports to mislead stakeholders about the firm's underlying financial performance or to influence contractual outcomes (Watts and Zimmerman 1978; Healy and Wahlen 1999).
Similar(59)
What, no watts?
Stereo speakers, 10 watts.
Total watts: about 3,800.
One thousand watts equal one kilowatt.
(November): 451 Washington Street (Watts Street).
Most models have 350 watts.
Each light has 12 watts of power.
Most electrical devices are rated in watts.
Impressively, each bulb consumes only 8 watts.
That's sixty watts of bass, boy".
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CEO of Professional Science Editing for Scientists @ prosciediting.com