Title

Is There an Association Between Director Option Compensation and the Likelihood of Misstatement?

Document Type

Article

Comments

Published by Elsevier in Advances in Accounting, volume 24, issue 1, pages 16-23. Bryant users may access this article here.

Publication Source

Advances in Accounting

Abstract

Using a sample of 105 U.S. firms that misstated their revenue matched with a sample of non-misstatement firms, this article finds that companies whose independent directors do not receive stock options are less likely to misstate revenues than companies who meet the Sarbanes–Oxley definition of independence.