Contemporary Accounting ResearchVolume 25, Issue 2 p. 351-405 Accounting Discretion, Corporate Governance, and Firm Performance* Robert M. Bowen, Robert M. Bowen University of WashingtonSearch for more papers by this authorShivaram Rajgopal, Shivaram Rajgopal University of WashingtonSearch for more papers by this authorMohan Venkatachalam, Mohan Venkatachalam Duke UniversitySearch for more papers by this author Robert M. Bowen, Robert M. Bowen University of WashingtonSearch for more papers by this authorShivaram Rajgopal, Shivaram Rajgopal University of WashingtonSearch for more papers by this authorMohan Venkatachalam, Mohan Venkatachalam Duke UniversitySearch for more papers by this author First published: 15 January 2010 https://doi.org/10.1506/car.25.2.3Citations: 266 * Accepted by Peter Easton. An earlier version of this paper was presented at the 2006 Contemporary Accounting Research Conference, generously supported by the Canadian Institute of Chartered Accountants, the Certified General Accountants of Ontario, the Certified Management Accountants of Ontario, and the Institute of Chartered Accounants of Ontario. The authors gratefully acknowledge helpful comments and suggestions offered by two anonymous referees, Peter Easton (editor), Patty Dechow, Mark DeFond, Hemang Desai, Ron Dye, Jennifer Francis, Wayne Guay (the discussant), Rebecca Hann, Michelle Hanlon, Hamid Mehran, D. J. Nanda, Karen Nelson, Per Olsson, Scott Richardson, Katherine Schipper, Terry Shevlin, Doug Skinner, K. R. Subramanyam, and workshop participants at Duke University, University of Southern California, Washington University at St. Louis, 2003 Summer Symposium at the London Business School, 2003 European Finance Association meetings at Glasgow, 2003 Financial Economics and Accounting conference at Indiana University, Bloomington, and the 2004 mid-year Financial Accounting and Reporting Section (FARS) meetings at Austin. We thank Li Xu and Mark Evans for research assistance. We acknowledge financial support from the PricewaterhouseCoopers and Alumni Professorship, the Herbert O. Whitten Professorship, the Accounting Development Fund, and the Business School Research Fund, all at the University of Washington, and the Fuqua School of Business, Duke University. AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume25, Issue2Summer 2008Pages 351-405 RelatedInformation