Hierarchy of earnings thresholds based on discretionary accruals

Barua, Abhijit; Yi, Sheng

doi:10.1016/j.adiac.2018.12.002

Cited by 5 publications

(5 citation statements)

References 43 publications

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“…Para os gestores, evitar o declínio dos ganhos recebe maior prioridade e atenção por meio do uso de accruals discricionários (Barua, Kim, & Yi, 2019). Dechow, Richardson e Tuna (2003) documentam que a proporção de empresas que evitam surpresas negativas nos lucros predomina.…”

Section: Gerenciamento De Resultadosunclassified

“…São decorrentes do efeito de escolhas contábeis da administração e podem ser decompostos em componentes discricionários e não discricionários (Jones, 1991). Gestores tendem a usar maior quantidade de accruals discricionários para evitar declínios nos lucros e a menor quantidade de accruals discricionários para evitar surpresas negativas nos lucros (Barua et al, 2019), pela necessidade de suavização de resultados, redução da volatilidade dos retornos das ações, além de sinalizar potencial crescimento. Os accruals discricionários representam tentativas dos gestores de sinalizar o desempenho futuro da empresa (Chen & Gong, 2019).…”

Section: Gerenciamento De Resultadosunclassified

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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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“…Finally, studying the incentives that may infl uence a manager's decision to engage in earnings management in the hotel industry and using more updated accruals models that capture earnings management in SME would also be interesting topics to study (e.g., Harris et al, 2018;Barua et al, 2019;Byzalov & Basu, 2019).…”

Section: Discussionmentioning

confidence: 99%

Earnings Management in Hospitality Firms

Costa

Mota

2021

Tourism (Zagreb, Online)

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This study examines whether Portuguese hotel sector firms engage in earnings management (EM) practices to provide specific accounting results and test the main determinants in explaining EM. We use the SABI database to collect panel data regarding 1615 Portuguese SME hotels from 2006–2013. In order to obtain results, a graphical representation of the distribution of the net income and the estimation of the discretionary accruals were used, from which two estimation models were formulated. The results obtained provide empirical evidence that firms in the Portuguese hotel sector seem to engage in earnings management practices and that the main determinants behind them appear to be debt level, return on assets, and firm size. The adoption of earnings management practices by firms is a widespread phenomenon across various sectors and nations. Yet, despite the general awareness regarding the importance of the tourism sector for communities at a financial, social, and cultural level, the lack of empirical studies with application to the accommodation sector makes it pertinent to investigate this phenomenon.

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“…One difference in the current study's model from the Beneish model is the calculation of the TATA ratio. Because of the data collection problems and because we think that there is a better measure for the total accruals in the literature [Tucker Zarowin (2006), Ngo and Varela, (2012), Khalil and Simon, (2014), Gao and Zhang (2015), Petrík (2016), Al-Baidhani et al, (2017), Barua et al, (2019)], we decided to use the following formula to calculate Total Accruals.…”

Section: Total Accruals To Total Assets (Tata)mentioning

confidence: 99%

Comparison of the Companies on the BIST Sustainability Index with Other Listed Companies in the Context of Earnings Manipulation

Atik¹,

Kovačević²

2022

ibr

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The concept of sustainability has been gaining importance all over the world. Concerns of consumers, investors, fund providers and governmental organizations about sustainability motivate companies to take action for a more sustainable world. Stock exchanges have also created sustainability related indices. The starting point of this study is the assumption that companies in the sustainability index are more respectful to the environment, society and economy and therefore, they are also more trustworthy when presenting their earnings. Earnings manipulation was detected by using the Beneish Model (1999). The M-scores of BIST non-financial firms were calculated for the years 2017 (262 firms) and 2018 (261 firms). The results showed that nearly half of the sample firms were possibly manipulators in both years. Additionally, nearly 40 percent of the firms on the sustainability index were manipulators. Although the percentage of manipulating firms in the sustainability index is lower compared to the percentage of manipulators in all firms, according to the results of statistical tests, there is no significant difference between the earnings manipulation behaviours of companies in the sustainability index and those not in the index.

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Hierarchy of earnings thresholds based on discretionary accruals

Cited by 5 publications

References 43 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

Earnings Management in Hospitality Firms

Comparison of the Companies on the BIST Sustainability Index with Other Listed Companies in the Context of Earnings Manipulation

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