Note(s): This table reports panel regression results examining the effect of corporate culture on earnings management. Column (1) uses discretionary accruals quality (DAQ) as the dependent variable, and column (2) uses return-adjusted discretionary current accruals (RDCA). Standard errors are in parentheses. *, **, and *** denote significance at the 10%, 5%, and 1% levels (two-tailed), respectively. Y = Year; F = Firm; I = Industry; S = State fixed effects