Earnings Management and Agency Costs: Evidence from China
نویسندگان
چکیده
منابع مشابه
Political connections and tax-induced earnings management: Evidence from China
We use the occasion of a change in tax policy that raised the tax rate for many of the listed companies in China to examine tax-induced earnings management (TEM) from the perspective of political connections. We find that when the tax rate increased, only those affected firms with politically connected management engaged in TEM. This suggests that, in addition to motivation for managing earning...
متن کاملPolitical Connection and Earnings Management Methods: Evidence from Tehran Stock Exchange
Governments have always affected the economic environment as a policy maker. On the other hand, the presence of political connection as representatives of governments in companies affects their administrative and decision - making methods.Firms and managers manage them under environmental conditions by applying different approaches to earning management in order to achieve their goals.The gover...
متن کاملEarnings Inequality and Coordination Costs: Evidence from U.S. Law Firms
Earnings inequality has increased substantially since the 1970s. How much does this reect decreases in coordination costs that allow individuals to better exploit returns to skill? We provide evidence on this question using con dential Census data on U.S. law o¢ ces. We rst show that earnings inequality among lawyers increased substantially between 1977 and 1992, and that the distribution of ...
متن کاملManagement Demographic Characteristics, Auditor Choice and Earnings Quality: Empirical Evidence from Iran
Recent accounting and management literature shows that demographic character-istics of top management and corporate performance are related. Accordingly, using a two-stage least squares regression model (2SLS), this study examines the relationship between some management demographic characteristics including CEO tenure, gender and level of education with earnings quality and auditor choice. Sam...
متن کاملInside Ownership, Agency Costs and Equity Valuation: Evidence from REITs
We investigate relations between inside ownership, managerial expenses and equity valuations. Our engine of analysis —Real Estate Investment Trusts (REITs) —provides a unique and rich framework for analysis since we can calculate extremely accurate measures of asset replacement costs, and hence relative valuation (Tobin's Q). Further, the nature of the financial statements allows us to examine ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2018
ISSN: 1556-5068
DOI: 10.2139/ssrn.3138418