Akdogu, E.; MacKay, P. (2015), Product markets and corporate investment: Theory and
evidence, Journal of Banking and Finance, 45, 439-453.
2. Bartov, E.; Mohanram, P. (2014), Private information, Earnings Manipulation and
Executive Stock-option Exercises, The Accounting Review, 79, 889-920.
3. Balakrishnan, K.; Cohen, D. (2011), Product Market Competition, Financial Accounting
Misreporting and Corporate Governance: Evidence from Accounting Restatements,
Working Paper. New York University.
4. Becker, C.; DeFond, M.; Jiambalvo, J.; Subramanyam, K. (1998), The effect of auditquality
on earnings management, Contemporary Accounting Research 15, 1-24.
5. Belkaui, A., Picur, R.D., (1984), The smoothing of income numbers: Same empirical
evidence on systematic differences between core and periphery industrial sector, Journal of
business finance and accounting, Vol. 11, winter 1984, p. 527.
6. Chung, H.; Her-Jiun, S.; Juo-Lien, W. (2009), Do firms’ Earnings Management Practices
affect their equity liquidity?, Financial Research Letters, 6, 152-158.
7. Collins, D.; Hribar, P. (2000), Earnings-based and accrual-based market anomalies: one
effect or two?, Journal of Accounting and Economics, 29, 101-124.
8. Datta, S.; Iskandar-Datta, M.; Sharma, V. (2012), Product market pricing power, industry
concentration and analysts’ earnings forecasts, Journal of Banking and Finance, 35, 1352-
9. Dechow, P.; Dichev, I. (2002), The Quality of Accruals and Earnings Management: The
role of accruals estimation errors, The Accounting Review, 77, 35-59.
10.Dechow, P.; Sloan, R.; Sweeney, A. (1996), Causes and consequences of earnings
manipulation: An analysis of firms subject to enforcement actions by the EC, Contemporary
Accounting Research, 13, 1-36.
11.Datta, S.; Iskandar, M.; Singh, V. (2013), Product market power, industry structure, and
corporate earnings management, Journal of Banking & Finance, 37, 3273-3285.
12.Fama, E.F. (1980), Agency problems and the theory of firm, Journal of Political Economy,
13.Gosh, Dipankar; Olsen, Lori (2009), Environmental uncertainty and managers’ use of
discretionary accruals, Accounting, Organizations & Society, Vol. 34, 188-205.
14.Fang, J. (2012), Stock liquidity, price information, and accrual-based earnings management.
A Dissertation Doctor of Philosophy in Louisiana State University.
15.Haushalter, D.; Klasa, S.; Maxwell, W.F. (2008), The influence of product market dynamics
on a firm’s cash holdings and hedging behavior, Journal of Financial Economics, 84, 797-
16.Ghorbani, Saeed et al. (2013), Market competition, board composition, and data disclosure
quality, Journal of Accounting and Audit Researches, No. 19. (in persian)
17.Graham, J.; Harvey, C.; Rajgopal, S. (2005), The economic implications of corporate
financial reporting, Journal of Accounting and Economics, 40, 3-73.
18.Grullon, G.; Michaely, R. (2007), Corporate payout policy and product market competition,
Working Paper, Rice University.
19.Jiraporn P.; Miller, G.A; Yoon, S.S.; Kim, Y.S. (2008), Is earnings management
opportunistic or beneficial? An agency theory perspective, International Review of
Financial Analysis 17, 622-634.
72 Iranian Journal of Finance
20.Lakesman, R.; Rajgopal, S.; Venkatachalam, M. (2010), Accounting discretion, corporate
governance and firm performance, Contemporary Accounting Research, 26(2), 351-405.
21.Lo, K. (2017) Earnings management and annual report readability, Journal of Accounting
and Economics, 63, 1-25.
22.Moradi, Mahdi et al. (2008), The effects of stock market cycles on reactions of investors
towards unexpected variations of accruals, Journal of Knowledge and Development, Year
15, No. 25. (in persian)
23.Namazi, Mohammad; Ebrahimi, Shahla (2012), Study of relation between competition
structure in product market and stock return”, Journal of Financial Accounting Knowledge,
Issue 2, No. 1. (in persian)
24.Noravesh, Iraj et al. (2005), Study of earnings management in listed companies in Tehran
Stock Exchange, Journal of Social Sciences, University of Shiraz, Issue 22, No. 2. (in
25.Perry, S.; Williams, T. (1994), Earnings management preceding management buyout offers,
Journal of Accounting and Economics 18, 157-179.
26.Pourheydari, Omid; Ghafarlu, Abbas (2011), Study of relation between product competition
structures and conditional conservatism, Journal of Financial Accounting Researches, 4th
Year, No. 2. (in persian)
27.Roychowdhury, S. (2006), Earnings management through real activities manipulation,
Journal of Accounting and Economics, 42, 335-370.
28.Setayesh, Mohammad Hossein; Kargar Fard Jahromi, Mohadeseh (2011), Study of effect of
market competition on capital structures of listed companies in Tehran Stock Exchange,
Faculty of Economy, Management, and Social Sciences, University of Shiraz, MA thesis.
29.Shabahang, Reza (2008), Accounting theory (1), Publications of Specialty Accounting and
Audit Researches Center of Audit Organization. (in persian)
30.Skinner, D.; Sloan, R. (2002), Earnings surprises, growth expectations, and stock returns or
don’t let an earnings torpedo sink your portfolio, Review of Accounting Studies, 7, 289-312.
31.Tinakar, A. (2008), Disclosure, liquidity, and the cost of capital, Journal of Financial
Accounting, 101, 1325-1359.
32.Veronica, S.; Sidharta, U. (2008), Type of earnings management and the effect of
ownership structure, firm size, and corporate governance practices: Evidence from
Indonesia, The International Journal of Accountin, Vol. 43, issue 1, pp. 1-27.