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Carslaw, CAPN (1988)

Anomalies in Income Numbers: Evidence of Goal Oriented Behavior

The Accounting Review 63, No. 2, 321-327.

ISSN/ISBN: Not available at this time. DOI: Not available at this time.



Abstract: ABSTRACT: This Note reports that the frequency of occurrence of certain second digits (especially zero) contained in earnings numbers of New Zealand firms departs significantly from expectations. Specifically, there is a much higher than expected frequency of zeros and a less than expected frequency of nines as the second-from-the-left most digit in reported earnings. This abnormality may provide evidence of goal oriented or goal achieving behavior


Bibtex:
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Reference Type: Journal Article

Subject Area(s): Accounting