How to cite this paper
Valahzaghard, M & Mirzamomen, M. (2013). The relationship between top management turnover with earnings management and default risk and earnings forecast error in the Tehran Stock Exchange.Management Science Letters , 3(4), 1273-1280.
References
Altman, E. I. (1968). Financial ratios, discriminant analysis and the prediction of corporate
bankruptcy. The journal of finance, 23(4), 589-609.
Agarwal, V., & Taffler, R. (2008). Comparing the performance of market-based and accountingbased
bankruptcy prediction models. Journal of Banking & Finance, 32(8), 1541-1551.
Burgstahler, D., & Dichev, I. (1997). Earnings management to avoid earnings decreases and
losses. Journal of accounting and economics, 24(1), 99-126.
Bergstresser, D., & Philippon, T. (2006). CEO incentives and earnings management. Journal of
Financial Economics, 80(3), 511-529.
Brockman, P., & Turtle, H. J. (2003). A barrier option framework for corporate security
valuation. Journal of Financial Economics, 67(3), 511-529.
Brookman, J., & Thistle, P. D. (2009). CEO tenure, the risk of termination and firm value. Journal of
Corporate Finance, 15(3), 331-344.
Call, A. C., Chen, S., & Tong, Y. H. (2009). Are analysts’ earnings forecasts more accurate when
accompanied by cash flow forecasts?. Review of Accounting Studies, 14(2), 358-391.
Dechow, P. M., Richardson, S. A., & Tuna, I. (2003). Why are earnings kinky? An examination of
the earnings management explanation. Review of Accounting Studies, 8(2), 355-384.
Degeorge, F., Patel, J., & Zeckhauser, R. (1999). Earnings management to exceed thresholds. The
Journal of Business, 72(1), 1-33.
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting earnings management. Accounting
Review, 193-225.
Firth, M., Kwok, C. H. B., & Keng, L. T. (1995). Accuracy of profit forecasts contained in IPO
prospectuses. Accounting and Business Review, 2(1), 55-83.
Gong, J. J. (2011). Examining shareholder value creation over CEO tenure: A new approach to
testing effectiveness of executive compensation. Journal of Management Accounting
Research, 23(1), 1-28.
Hillegeist, S. A., Keating, E. K., Cram, D. P., & Lundstedt, K. G. (2004). Assessing the probability of
bankruptcy. Review of Accounting Studies, 9(1), 5-34.
Jog, V., & McConomy, B. J. (2003). Voluntary disclosure of management earnings forecasts in IPO
prospectuses. Journal of Business Finance & Accounting, 30(1?2), 125-168.
Ohlson, J. (1980). Financial Ratios and the Probabilistic Prediction of Bankruptcy. Journal of
Accounting Research, 19, 109–131.
Ting, W. (2011). Top management turnover and firm default risk: Evidence from the Chinese
securities market. China Journal of Accounting Research, 4(1), 81-89.
bankruptcy. The journal of finance, 23(4), 589-609.
Agarwal, V., & Taffler, R. (2008). Comparing the performance of market-based and accountingbased
bankruptcy prediction models. Journal of Banking & Finance, 32(8), 1541-1551.
Burgstahler, D., & Dichev, I. (1997). Earnings management to avoid earnings decreases and
losses. Journal of accounting and economics, 24(1), 99-126.
Bergstresser, D., & Philippon, T. (2006). CEO incentives and earnings management. Journal of
Financial Economics, 80(3), 511-529.
Brockman, P., & Turtle, H. J. (2003). A barrier option framework for corporate security
valuation. Journal of Financial Economics, 67(3), 511-529.
Brookman, J., & Thistle, P. D. (2009). CEO tenure, the risk of termination and firm value. Journal of
Corporate Finance, 15(3), 331-344.
Call, A. C., Chen, S., & Tong, Y. H. (2009). Are analysts’ earnings forecasts more accurate when
accompanied by cash flow forecasts?. Review of Accounting Studies, 14(2), 358-391.
Dechow, P. M., Richardson, S. A., & Tuna, I. (2003). Why are earnings kinky? An examination of
the earnings management explanation. Review of Accounting Studies, 8(2), 355-384.
Degeorge, F., Patel, J., & Zeckhauser, R. (1999). Earnings management to exceed thresholds. The
Journal of Business, 72(1), 1-33.
Dechow, P. M., Sloan, R. G., & Sweeney, A. P. (1995). Detecting earnings management. Accounting
Review, 193-225.
Firth, M., Kwok, C. H. B., & Keng, L. T. (1995). Accuracy of profit forecasts contained in IPO
prospectuses. Accounting and Business Review, 2(1), 55-83.
Gong, J. J. (2011). Examining shareholder value creation over CEO tenure: A new approach to
testing effectiveness of executive compensation. Journal of Management Accounting
Research, 23(1), 1-28.
Hillegeist, S. A., Keating, E. K., Cram, D. P., & Lundstedt, K. G. (2004). Assessing the probability of
bankruptcy. Review of Accounting Studies, 9(1), 5-34.
Jog, V., & McConomy, B. J. (2003). Voluntary disclosure of management earnings forecasts in IPO
prospectuses. Journal of Business Finance & Accounting, 30(1?2), 125-168.
Ohlson, J. (1980). Financial Ratios and the Probabilistic Prediction of Bankruptcy. Journal of
Accounting Research, 19, 109–131.
Ting, W. (2011). Top management turnover and firm default risk: Evidence from the Chinese
securities market. China Journal of Accounting Research, 4(1), 81-89.