Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: This study examines the relation beten principles-based standards and earnings attributes.  create a firm-year specific variable that measures the extent to which firms’ financial reporting is affected by principles-based standards.  find that firms’ earnings are more informative and persistent, and have a larger positive association with future cash flows, on average, when firms’ standards are more principles-based.  also find evidence that managers use the added discretion provided by principles-based standards to manage earnings when firms are near bankruptcy, issuing equity, or experiencing high growth, and if earnings are near prominent earnings benchmarks. Overall, our evidence is consistent with managers using the discretion provided by principles-based standards to communicate better the economic substance of transactions, on average, but also with some managers using the added discretion strategically when managerial incentives exist to increase reported earnings.
['David P. Folsom', 'Paul Hribar', 'Richard D. Mergenthaler', 'Kyle Peterson']
I am writing a research paper on a idea Principles-Based Standards and Earnings Attributes
[{"from": "human", "value": "I am writing a research paper on a idea Principles-Based Standards and Earnings Attributes"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: This study examines the relation beten principles-based standards and earnings attributes.  create a firm-year specific variable that measures the extent to which firms\u2019 financial reporting is affected by principles-based standards.  find that firms\u2019 earnings are more informative and persistent, and have a larger positive association with future cash flows, on average, when firms\u2019 standards are more principles-based.  also find evidence that managers use the added discretion provided by principles-based standards to manage earnings when firms are near bankruptcy, issuing equity, or experiencing high growth, and if earnings are near prominent earnings benchmarks. Overall, our evidence is consistent with managers using the discretion provided by principles-based standards to communicate better the economic substance of transactions, on average, but also with some managers using the added discretion strategically when managerial incentives exist to increase reported earnings."}]