… and Peasnell, K., 1997. Another look at the deprival value approach to depreciation, in Cooke,
T. … Peasnell, K., 1982. Some formal connections between economic values and yields in …

This paper examines whether the incidence of earnings management by UK firms depends
on board monitoring. We focus on two aspects of board monitoring: the role of outside board …

… , will be recorded in the opening balance sheet; similarly, at the end of the project's life the
book value of project assets will be written down to scrap value (ie AN = RN)' See Peasnell (I …

This paper examines specification and power issues in relation to three models used to estimate
abnormal accruals. In contrast to the majority of prior work evaluating models estimated …

Central to both the Cadbury Committee’s initial remit and its subsequent recommendations is
the view that director integrity and board effectiveness play key roles in ensuring the quality …

UK GAAP has traditionally allowed the write‐off of purchased goodwill directly to reserves,
resulting in the widespread depletion of book equity. Companies have also been permitted to …

… Please address correspondence to Ken Peasnell. … and Keasey, K., ‘Managerial ownership
and the performance of firms: evidence from the UK’, Journal of Corporate Finance, Vol. 5, …

This study presents evidence on the characteristics of firms judged by the Financial Reporting
Review Panel (FRRP) as having published defective financial statements. Relative to a …

The present paper reviews the research evidence on the impact of changes in pension
accounting methods on pension provision. We show that decisions to freeze, terminate or convert …

This study addresses whether asset securitizations are really asset sales or a form of secured
borrowing, by estimating cross-sectional equity valuation regressions to assess whether …