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Earnings Smoothing: Does It Exacerbate or Constrain Stock Price Crash Risk?

https://doi.org/10.2139/ssrn.2538155
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28/28 checkable references clean · checked 2026-09-25

Every reference with a DOI in the deposited reference list resolved to a known work in Crossref or DataCite at the dated check, and none carried a retraction, withdrawal, or removal notice.

3 without a DOI — not checked. A reference deposited without a DOI is never matched by title or guessed at; it stays outside the checked set, and this line discloses that.

The 28 checked references that resolve
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A Theory of Income and Dividend Smoothing Based on Incumbency Rents
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The economic implications of corporate financial reporting
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Why Do Firms Smooth Earnings?*
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A Market-Based Evaluation of Discretionary Accrual Models
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Management Earnings Guidance and Stock Price Crash Risk
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Conditional Skewness in Asset Pricing Tests
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The effect of bonus schemes on accounting decisions
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Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature
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A Review of the Earnings Management Literature and Its Implications for Standard Setting
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The economic consequences of accounting choice implications of costly contracting and monitoring
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Errors in Estimating Accruals: Implications for Empirical Research
resolves10.1016/j.jfineco.2008.10.003
Opaque financial reports, R2, and crash risk☆
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Earnings management and accounting income aggregation
resolves10.1016/0304-405x(76)90026-x
Theory of the firm: Managerial behavior, agency costs and ownership structure
resolves10.1016/j.jfineco.2004.11.003
R2 around the world: New theory and new tests☆
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Estimation and empirical properties of a firm-year measure of accounting conservatism
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The pricing of discretionary accruals
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Does Income Smoothing Improve Earnings Informativeness?
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The Mispricing of Abnormal Accruals
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resolves10.1016/j.jacceco.2007.06.002
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The 3 references without a DOI — listed, not checked
no DOI — not checkedThere are no markets without trust
no DOI — not checkedCorporate tax avoidance and stock price crash risk: Firm-Skinner, D. J. 1994. Why Firms Voluntarily Disclose Bad News
no DOI — not checkedref27
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