Duration of equity overvaluation and managers’ choice to use aggressive underlying earnings disclosure and accrual-based earnings management: Australian evidence

Yang, Yiru; Abeysekera, Indra

doi:10.1016/j.jcae.2019.04.004

Cited by 11 publications

(4 citation statements)

References 68 publications

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“…As empresas podem usar estratégias de gerenciamento de resultados, no entanto, a margem de liberdade concedida pelas regras contábeis permite que os gerentes manipulem as demonstrações contábeis para fins discricionários, com o intuito de omitir das partes interessadas condições econômicas da empresa (Sayari & Omri, 2017;Yang & Abeysekera, 2019). Essa ferramenta é um guarda-chuva para atos que afetam os ganhos contábeis relatados ou sua interpretação, a partir de decisões de produção e investimento que determinam parcialmente os ganhos econômicos subjacentes, passando pela escolha do tratamento contábil e pelo tamanho dos accruals na preparação dos relatórios periódicos.…”

Section: Gerenciamento De Resultadosunclassified

Impactos do Gerenciamento de Resultados em Instabilidade Política: Evidências em Empresas Brasileiras

Sobrinho

Penedo

Pereira

2021

RAIMED

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Muitos estudos para mercados desenvolvidos concluíram que empresas relatam ganhos inflacionados por accruals (manipulação de ganhos por meio da exploração do critério contábil) ou atividades reais. Tais práticas parecem ser especialmente em torno de eventos políticos importantes. Este estudo objetiva verificar a influência do gerenciamento de resultados, por meio dos accruals discricionários, no retorno anormal dos ativos financeiros de empresas listadas na B3 em período de instabilidade política (impeachment). Utilizaram-se testes paramétrico e não paramétrico no período entre 2014 e 2018. Para verificar se o gerenciamento de resultados tende a aumentar o lucro com maior intensidade no primeiro ano anterior ao evento (H1b), o teste T não confirma se esse gerenciamento ocorre antes ou depois da instabilidade (H1a), porém aponta o gerenciamento de resultados com tendência de redução no ano do impeachment. Ao aplicar dados em painel, não é explicitado se as empresas envolvidas no gerenciamento de resultados em períodos de instabilidade política apresentam retorno anormal ruim (H2). Os resultados mostram que a instabilidade política foi rapidamente compreendida pelo mercado financeiro de forma a praticamente anular a assimetria informacional que poderia gerar elevados níveis de gerenciamento.

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Section: Gerenciamento De Resultadosunclassified

Impactos do Gerenciamento de Resultados em Instabilidade Política: Evidências em Empresas Brasileiras

Sobrinho

Penedo

Pereira

2021

RAIMED

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“…Market-to-book ratio diukur dengan rumus yang mengacu pada (Richardson et al, 2015b). Intensitas modal menginterpretasikan seberapa besar penghasilan pendapatan perusahaan yang diperoleh melalui pendanaan aset tetap perusahaan (Yang & Abeysekera, 2019). Intensitas modal diukur dengan rumus yang mengacu pada (Dang & Tran, 2021).…”

Section: Metode Penelitianunclassified

Determinan Penghindaran Pajak: Perspektif Teori Risk-Shifting

Hendi

Cantona²

2022

InFestasi

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This study investigates the effect of financial distress, firm size, leverage, capital intensity, market-to-book ratio, and temporary difference on tax avoidance in firms listed in Indonesian Stock Exchange. Comparative causal research was applied to this study. Based on purposive sampling, a total of 444 firms were selected as research samples. Data analysis was performed using the multiple linear regression test method for panel data. The research results indicate that financial distress and firm size each have a significant positive effect. These two variables are in line with the risk-shifting theory, where firms with financial distress tend to carry out risky tax avoidance to maintain the firm's existence. Firms with small amounts of assets are more likely to do tax avoidance, because of the low cash circulation in the firm which makes the firm unable to pay the tax fees charged. Leverage, capital intensity, market-tobook ratio, and temporary difference do not significantly influence tax avoidance. Regulated borrowing rates and tight supervision by banks make it increasingly difficult for firms to avoid taxes. Improved operational firm performance through fixed assets investment makes the firm more profitable and the tax expense increases. The ability of the firm's management to avoid taxes is seen from its experience and strategy, so it has no effect on the market value of the firm. The significant difference between current profit and taxable profit puts the company at risk of doing earnings management compared to avoiding taxes.

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“…No doubt, the concept "earnings management" has become one major issue of concern to management, accounting practitioners and accounting researchers alike. Accordingly, earnings management has been defined by prior studies to include intentional misapplication and abuse of accounting standards or a deviation from normal business cycles, practices and operations with the opportunistic aim of misrepresenting the reported earnings of companies with a view to influencing contractual outcomes and mislead unsuspecting stakeholders (Madhogarhia, Sutton & Kohers, 2009;Li, 2019a;Campa, 2019;Li, 2019b;Yang & Abeysekera, 2019;Sianturia, Wahyudi, Pangestuti & Utomo, 2020).…”

Section: Conceptualization Of Earnings Managementmentioning

confidence: 99%

Board Structure of Corporate Organizations and Earnings Management: Does Size and Independence of Corporate Boards Matter for Nigerian Firms?

Ideh

Jeroh

Ebiaghan

2021

IJFR

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The relationship subsisting between board structure of corporate organizations and earnings management has attracted several concerns particularly to regulatory agencies, management, accounting practitioners and researchers alike. Therefore, this study, examined the extent to which board independence and size influence the level of earnings management of publicly quoted Nigerian firms. For this purpose, the adoption of the International Financial Reporting Standards (IFRS) and the age of firms were introduced as mediating variables. Secondary data were however pooled from the financial statements of ninety-two (92) firms cutting across ten (10) industrial sectors from 2007–2018 (12 years). The regression analysis amidst other relevant statistical techniques was adopted to analyze the collated pooled data. Evidence from our result indicates that with the introduction of IFRS adoption and firm age as mediating variables, the Fcal obtained was 1.72 (p-value = 0.1424), thus indicating that the size of boards and the presence of independent directors (board independence) in corporate boards could not significantly influence the level of earnings management in Nigerian firms. We therefore recommend that in order to regulate managements’ opportunistic behavior/earnings management, regulators and stakeholders who are charged with the task of performing oversight functions on the activities of management should lay more emphasis on ensuring that preparers of financial statements fully comply with the provisions of IFRS and other regulatory requirements for financial reporting.

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Duration of equity overvaluation and managers’ choice to use aggressive underlying earnings disclosure and accrual-based earnings management: Australian evidence

Cited by 11 publications

References 68 publications

Impactos do Gerenciamento de Resultados em Instabilidade Política: Evidências em Empresas Brasileiras

Impactos do Gerenciamento de Resultados em Instabilidade Política: Evidências em Empresas Brasileiras

Determinan Penghindaran Pajak: Perspektif Teori Risk-Shifting

Board Structure of Corporate Organizations and Earnings Management: Does Size and Independence of Corporate Boards Matter for Nigerian Firms?

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