Earnings Management in Small Listed Firms in Malaysia Using Quantile Regression

This study examines the role of board independence and audit committee expertise in accounting on earnings management small listed firms Malaysia, which have been neglected corporate governance research. Due to their size, listing requirements imposed them by Bursa Malaysia are less stringent. Hence, these predicted a higher tendency manage compared large firms. All ACE Market during financial years 2012 2014 inclusive were selected. The data analysed using quantile regression enable determination effects variables across quantiles conditional distribution discretionary accruals. results show that very high propensity for accrual also reveals is not associated with either incidence or direction It shows can mitigate accruals if present, objective was reduce firm’s earnings. However, this evidence only holds where utilization pervasive.