Gao (2015): Optimal Thresholds in Accounting Recognition Standards

This paper originates from a simple non-monotonic effect of the optimal threshold on the amount of manipulation in the manager's report. The author did a nice job of distinguishing between the two effects: the statistical effect and the non-monotonic strategic effect. The first three sections are standard and the author stands out with robustness extensions in the fourth section. The fifth section of empirical implications is a good summary as well.

I need to read more papers to determine whether there is a big enough contribution of this paper.