Earnings management : global perspectives, performance and future research / editor, Kathleen Yates.

Format:

Book

Contributor:

Yates, Kathleen (Researcher on management), editor.

Series:

Management science--theory and applications series.

Management Science - Theory and Applications

Language:

English

Subjects (All):

Earnings management--Research.

Earnings management.

Corporate profits.

Corporations--Finance.

Corporations.

Social responsibility of business.

Physical Description:

1 online resource (151 p.)

Place of Publication:

New York : Novinska, 2016.

Summary:

Earnings management is an issue that directly affects the overall integrity and quality of financial reporting and to date, many studies have been conducted in an attempt to gain an understanding of whether firms are engaging in earnings management, why they do so, what are the motives that drive managers' discretionary behaviour, what are the economic consequences and whether investors can see through this behaviour? In this book, Chapter One reviews the developments and the trends in the contemporary earnings management research and discuss several possible avenues for future research. Chapter Two provides an overview of the most recent studies on earnings management in relation to the financial crisis and the institutional environment and firm characteristics. Chapter Three provides a description of the nowadays most commonly used methods for measuring earnings management in accounting and finance literature. Chapter Four examines earnings management and corporate social responsibility as an entrenchment strategy.

Contents:

EARNINGS MANAGEMENT: GLOBAL PERSPECTIVES, PERFORMANCE AND FUTURE RESEARCH; EARNINGS MANAGEMENT: GLOBAL PERSPECTIVES, PERFORMANCE AND FUTURE RESEARCH; Library of Congress Cataloging-in-Publication Data; CONTENTS; PREFACE; Chapter 1: EARNINGS MANAGEMENT RESEARCH: CULTURE INCENTIVES VERSUS ACCOUNTING STANDARDS CONSTRAINTS, SOME INSIGHTS FOR FUTURE RESEARCH; ABSTRACT; 1. INTRODUCTION; 2. IS EARNINGS MANAGEMENT A PRODUCT OF CULTURE?; 3. THE TREND OF ACCOUNTING HARMONIZATION AND EARNINGS MANAGEMENT; 4. THE LIMITATIONS ON MODELING EARNINGS MANAGEMENT; 5. WHAT SHOULD BE CONSIDERED IN THE FUTURE?

CONCLUSIONREFERENCES; Chapter 2: EARNINGS MANAGEMENT DURING THE RECENT CRISIS: THE ROLE OF GOVERNMENT QUALITY*; ABSTRACT; 1. INTRODUCTION; 2. THEORETICAL BACKGROUND AND HYPOTHESES; 2.1. Financial Crisis and Earnings Management; 2.2. The Institutional Environment and Earnings Management; 3. EARNINGS MANAGEMENT AND FIRM ISSUES; 4. RESEARCH DESIGN; 4.1. Sample; 4.2. Variables; 4.3. Method; 5. RESULTS; FINAL REMARKS; REFERENCES; ABOUT AUTHORS; Chapter 3: A SYNTHESIS AND ANALYSIS OF MODELS MEASURING ACCRUAL BASED AND REAL ACTIVITIES EARNINGS MANAGEMENT; ABSTRACT; 1. INTRODUCTION

1.1. Quality of Earnings and Earnings Management1.2. Chapter Structure; 2. ACCRUAL BASED VS. REAL ACTIVITIES EARNINGS MANAGEMENT; 2.1. Distinction between Accrual Based and Real Activities Earnings Management; 2.2. Choice between Accrual Based and Real Activities Earnings Management; 3. ACCRUAL BASED EARNINGS MANAGEMENT MODELS; 3.1. Healy (1985) and DeAngelo (1986, 1988) Seminal Models; 3.2. Jones (1991) Model; 3.3. Modified Jones Model (Dechow, Sloan and Sweeney 1995); 3.4. Teoh, Welch and Wong (1998a, b); 3.5. DeFond and Park (2001) Model; 3.6. Dechow and Dichev (2002)

3.7. Larcker and Richardson (2004)3.8. Kothari, Leone and Wasley (2005); 3.9. Dechow, Hutton, Kim and Sloan (2012); 3.10. Aggregate Measure of Earnings Management; 4. REAL ACTIVITIES EARNINGS MANAGEMENT MODELS; 4.1. Real Activities Earnings Management viaDiscretionary Expenses; 4.2. Real Activities Earnings Management via Sales and Production Manipulation; 4.3. Real Activities Earnings Management via Timing ofAsset Sales; 4.4. Real Activities Earnings Management and Cash Flows fromOperations (CFO); 5. EARNINGS MANAGEMENT DETERMINANTS AND MOTIVATIONS; 5.1. Firm Characteristics

5.1.1. Firm Performance5.1.2. Concentrated Ownership; 5.1.3. Leverage; 5.1.4. Firm Size; 5.1.5. Firm Growth; 5.2. Country specific Characteristics; 5.2.1. Tax; 5.2.2. Culture and Corruption; 5.2.3. Regulations; 5.3. Corporate Events; CONCLUSION; REFERENCES; ABOUT THE AUTHORS; Chapter 4: EARNINGS MANAGEMENT AND CORPORATE SOCIAL RESPONSIBILITY AS AN ENTRENCHMENT STRATEGY: EVIDENCE FOR SHAREHOLDER PROTECTION CONTEXTS; ABSTRACT; 1. INTRODUCTION; 2. THEORETICAL BACKGROUND: RESEARCH HYPOTHESIS; 2.1. Earnings Management and CSR as an Entrenchment Strategy

Notes:

Description based upon print version of record.

Includes bibliographical references at the end of each chapters and index.

Description based on print version record.

ISBN:

1-63485-549-3