{"id":"https://openalex.org/W1973397963","doi":"https://doi.org/10.1111/j.1468-5957.2006.00607.x","title":"Intra\u2010Industry Effects of Earnings Restatements Due to Accounting Irregularities","display_name":"Intra\u2010Industry Effects of Earnings Restatements Due to Accounting Irregularities","publication_year":2006,"publication_date":"2006-06-01","ids":{"openalex":"https://openalex.org/W1973397963","doi":"https://doi.org/10.1111/j.1468-5957.2006.00607.x","mag":"1973397963"},"language":"en","primary_location":{"id":"doi:10.1111/j.1468-5957.2006.00607.x","doi":"https://doi.org/10.1111/j.1468-5957.2006.00607.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1468-5957.2006.00607.x","pdf_url":null,"source":{"id":"https://openalex.org/S48254654","display_name":"Journal of Business Finance &amp Accounting","issn_l":"0306-686X","issn":["0306-686X","1468-5957"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Business Finance &amp; Accounting","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5040288861","display_name":"Tan Xu","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I81365321","display_name":"Old Dominion University","ror":"https://ror.org/04zjtrb98","country_code":"US","type":"education","lineage":["https://openalex.org/I81365321"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Tan Xu","raw_affiliation_strings":["The authors are from Old Dominion University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"The authors are from Old Dominion University","institution_ids":["https://openalex.org/I81365321"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5069541471","display_name":"Mohammad Najand","orcid":"https://orcid.org/0000-0003-4889-3007","observed_orcids":["https://orcid.org/0000-0003-4889-3007"]},"institutions":[{"id":"https://openalex.org/I81365321","display_name":"Old Dominion University","ror":"https://ror.org/04zjtrb98","country_code":"US","type":"education","lineage":["https://openalex.org/I81365321"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Mohammad Najand","raw_affiliation_strings":["The authors are from Old Dominion University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"The authors are from Old Dominion University","institution_ids":["https://openalex.org/I81365321"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5000708746","display_name":"Douglas E. Ziegenfuss","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I81365321","display_name":"Old Dominion University","ror":"https://ror.org/04zjtrb98","country_code":"US","type":"education","lineage":["https://openalex.org/I81365321"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Douglas Ziegenfuss","raw_affiliation_strings":["The authors are from Old Dominion University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"The authors are from Old Dominion University","institution_ids":["https://openalex.org/I81365321"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5000708746"],"corresponding_institution_ids":["https://openalex.org/I81365321"],"apc_list":{"value":3800,"currency":"USD","value_usd":3800},"apc_paid":null,"fwci":8.9104,"has_fulltext":false,"cited_by_count":90,"citation_normalized_percentile":{"value":0.97265708,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"33","issue":"5-6","first_page":"696","last_page":"714"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.9932000041007996,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13957","display_name":"Corporate Governance and Financial Management","score":0.001500000013038516,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.0010000000474974513,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-restatements","display_name":"financial restatements","score":0.9990000128746033},{"id":"https://openalex.org/keywords/accounting-irregularities","display_name":"accounting irregularities","score":0.9940000176429749},{"id":"https://openalex.org/keywords/intra-industry-effects","display_name":"intra-industry effects","score":0.8859999775886536},{"id":"https://openalex.org/keywords/contagion-effect","display_name":"contagion effect","score":0.7789999842643738},{"id":"https://openalex.org/keywords/rival-firms","display_name":"rival firms","score":0.9399999976158142},{"id":"https://openalex.org/keywords/implied-cost-of-equity-capital","display_name":"implied cost of equity capital","score":0.8389999866485596},{"id":"https://openalex.org/keywords/earnings-quality","display_name":"earnings quality","score":0.36000001430511475}],"concepts":[{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.7543739080429077},{"id":"https://openalex.org/C163428354","wikidata":"https://www.wikidata.org/wiki/Q1047513","display_name":"Cash flow","level":2,"score":0.7097194194793701},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.6300642490386963},{"id":"https://openalex.org/C190775180","wikidata":"https://www.wikidata.org/wiki/Q5326946","display_name":"Earnings response coefficient","level":3,"score":0.5000743865966797},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.48248815536499023},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4375845491886139},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.4345337152481079},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4195919930934906},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3635886311531067},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1111/j.1468-5957.2006.00607.x","doi":"https://doi.org/10.1111/j.1468-5957.2006.00607.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1468-5957.2006.00607.x","pdf_url":null,"source":{"id":"https://openalex.org/S48254654","display_name":"Journal of Business Finance &amp Accounting","issn_l":"0306-686X","issn":["0306-686X","1468-5957"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Business Finance &amp; Accounting","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:bla:jbfnac:v:33:y:2006-06:i:5-6:p:696-714","doi":null,"is_oa":false,"landing_page_url":"http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-5957.2006.00607.x","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":18,"referenced_works":["https://openalex.org/W616975109","https://openalex.org/W1546044195","https://openalex.org/W1550331393","https://openalex.org/W1968009353","https://openalex.org/W1976374323","https://openalex.org/W2015416394","https://openalex.org/W2022753826","https://openalex.org/W2042984043","https://openalex.org/W2043973283","https://openalex.org/W2073572424","https://openalex.org/W2137822226","https://openalex.org/W2148473978","https://openalex.org/W2152519361","https://openalex.org/W2337685628","https://openalex.org/W3121587754","https://openalex.org/W3124462827","https://openalex.org/W3124627065","https://openalex.org/W3126017435"],"related_works":["https://openalex.org/W7167600669","https://openalex.org/W7139861893","https://openalex.org/W3102740350","https://openalex.org/W132592393","https://openalex.org/W3122110797","https://openalex.org/W2013826430","https://openalex.org/W2912313899","https://openalex.org/W3125186710","https://openalex.org/W4206637859","https://openalex.org/W1558140039"],"abstract_inverted_index":{"Abstract:":[0],"This":[1],"paper":[2],"investigates":[3],"the":[4,32,42,45,56,63,82,89,94,100,103,109],"intra\u2010industry":[5],"effects":[6],"of":[7,31,54,59,85,88,108],"earnings":[8,107],"restatements":[9],"due":[10,98],"to":[11,29,39,99],"accounting":[12,60],"irregularities.":[13],"We":[14,67],"detect":[15,70],"a":[16,51,78],"significant":[17,79],"contagion":[18,95],"effect":[19,96],"for":[20],"rival":[21,90,110],"firms":[22,43,48],"whose":[23],"cash":[24],"flow":[25],"characteristics":[26],"are":[27],"similar":[28],"those":[30],"restating":[33,64],"firm.":[34],"The":[35],"restatement":[36],"doesn't":[37],"seem":[38],"influence":[40],"all":[41],"in":[44,81,102],"industry":[46],"or":[47],"that":[49,93],"have":[50],"high":[52],"probability":[53],"involving":[55],"same":[57],"type":[58],"irregularity":[61],"as":[62],"firm":[65],"does.":[66],"do":[68,75],"not":[69],"any":[71],"competitive":[72],"effect;":[73],"nor":[74],"we":[76],"find":[77],"change":[80],"implied":[83],"cost":[84],"equity":[86],"capital":[87],"firms,":[91],"suggesting":[92],"is":[97],"revision":[101],"expected":[104],"short\u2010run":[105],"future":[106],"firms.":[111]},"counts_by_year":[{"year":2026,"cited_by_count":4},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":7},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":5},{"year":2016,"cited_by_count":5},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":9},{"year":2013,"cited_by_count":6},{"year":2012,"cited_by_count":5}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2016-06-24T00:00:00"}
