This study provides empirical evidence that Earnings Management Under SFAS No. 115 is occurring in the insurance industry. Allowing unrealized holding gains and losses on "availablefor sale" securities bypass income creates opportunities for gains trading and earnings management.
This study provides empirical evidence that Earnings Management Under SFAS No. 115 is occurring in the insurance industry. Allowing unrealized holding gains and losses on "availablefor sale" securities bypass income creates opportunities for gains trading and earnings management.
This study provides empirical evidence that Earnings Management Under SFAS No. 115 is occurring in the insurance industry. Allowing unrealized holding gains and losses on "availablefor sale" securities bypass income creates opportunities for gains trading and earnings management.