JoostImpink
/ earnings_management_models.sas
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March 30, 2024 04:49
Estimate earnings management models
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| /* | |
| Earnings management models | |
| Author: Joost Impink, March 2016 | |
| Models estimated: | |
| - Jones model, tac = a0 + a1 1/TAt-1 + a2chSales + a3PPE + a4ROA + error. | |
| - variable names DA_Jones ABSDA_Jones | |
| - Modified Jones model, as Jones model, but using chSales - chREC to compute fitted values. |