Value Relevance of Earnings and Book Value: Impact of Earnings Management and Family-Owned Firms
نویسندگان
چکیده
The purpose of this study is to investigate whether family-owned firms and earnings management as a result financial distress affect the value relevance book value. based on companies listed Indonesia Stock Exchange (IDX). An unbalanced panel dataset 592 trading in IDX from 2012 2017 was used test price model. Results reveal that owing high distress, through an income-increasing strategy opportunistically conducted. Moreover, (as opposed transparency, which principle sustainability) decreases earnings. Due there trade-off between presence management. Further, results demonstrate higher than nonfamily-owned Indonesia. It indicates due contributes alignment effect family firms.
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ژورنال
عنوان ژورنال: Indonesian journal of sustainability accounting and management
سال: 2022
ISSN: ['2597-6214', '2597-6222']
DOI: https://doi.org/10.28992/ijsam.v6i1.465