Discussion: "Managing Corporate Earnings"
Please respond to the following:
• Evaluate the environmental factors that contribute to corporate management's need to manage corporate earnings to align with market expectations, indicating the potential long- term risks to financial performance and sustainability.
• Assess the ethical complexities related to managing corporate earnings, determining whether or not investors and stakeholders are accepting of this behavior. Assuming that you are in a position to make corporate financial decisions, how likely are you to engage in earnings management and why?
• Please provide one citation/reference for your initial posting that is not your textbook. Please do not use Investopedia or Wikipedia.