Comes from almost every other education suggest a critical, however, weak, correlation ranging from decades and you will earnings management strategies (regarding it below)
Eg, Treas (1993) learned that Western couples in which husbands are employed in ‘high accountability scientific and you will legal professions’ be a little more probably as opposed to others so you’re able to have fun with independent bank accounts. Considering the raised risks of like some body becoming prosecuted, she argued, couples play with separate profile since the a potential defence against litigants. Treas and seen that couples’ usage of separate bank account try low in states that have neighborhood property guidelines (1993, 731) and you can debated that this is consistent with expectations since profit separate account isn’t addressed once the private assets under such as for instance laws and regulations. Looking at a tiny attempt of partners where you to or both people had been married in past times, Burgoyne and you may Morison (1997) found that old people which have people away from a previous matrimony was in fact likely to be as opposed to others to separate the revenue hence that it is actually “…particularly designated in the way they desired their property as managed after their passing” (p. 363).
