Article citationsMore>>

Francis, J., LaFond, R., Ohlson, P., & Schipper, K. (2005). The Market Pricing of Accruals Quality. Journal of Accounting and Economics, 39, 295-327.
https://doi.org/10.1016/j.jacceco.2004.06.003

has been cited by the following article:

• TITLE: Active Independent Directors and Earnings Quality

  AUTHORS: Yuanto Kusnadi, Bin Srinidhi, Ye Sun, Jiwei Wang

  KEYWORDS: Active Independent Directors, Earnings Quality, Corporate Governance

  JOURNAL NAME: Theoretical Economics Letters, Vol.12 No.3, June 29, 2022

  ABSTRACT: We examine the relationship between active independent directors and earnings quality for U.S. firms. We construct measures that proxy for activeness of independent directors and find that the proportion of active independent directors is under half on average. Our finding shows that earnings quality increases with the percentage of active independent directors on the board. Once the active independent directors are separated out, the other independent directors do not have any effect on earnings quality. This finding supports the hypothesis that the activeness of independent directors is incrementally significant over just the proportion of independent directors for the quality of reported earnings.