A large body of accounting research in the past has documented the existence of conservatism and timeliness of income recognition as distinct factors which affect the returns-earnings relation. However, earnings are not the only measure of financial performance that is affected by conservatism. The aim of this paper is to examine the impact of conservatism on accrual measures and drivers, in th...

In this paper, we identify instances in which the auditor-client relationship has been terminated (i.e., the auditor resigns or the client dismisses the auditor) but the auditor continues to complete a subsequent quarterly review. Using discretionary accruals and earnings benchmark tests to proxy for the extent of earnings management, we contrast earnings management behavior during these “lame ...

Directors from academia served on the boards of around 40% of S&P 1,500 firms over the 1998–2011 period. This paper investigates the effects of academic directors on corporate governance and firm performance. We find that companies with directors from academia are associated with higher performance and this relation is driven by professors without administrative jobs. We also find that academic...

We examine whether the provision of non-audit services by auditors is negatively correlated with firm value and the quality of earnings. Because of concerns regarding the effect of non-audit services on auditor independence, the Securities and Exchange Commission recently issued revised auditor independence rules requiring firms to disclose in their annual proxy statement the amount of fees pai...

Abstract The purpose of this paper is to examine the effect board directors’ related clauses such as independence, female director, CEO Duality and expertise director included in Code Corporate Governance 2017 (CCG-2017) on earnings management with pre- post-CCG-2017 analysis. This study has used sample 323 non-financial listed firms Pakistan Stock Exchange from 2015 2019. Data were manually co...

this study presents empirical evidence concerning the effect of different accounting standard on earnings management. prior studies have shown that accounting standards influence earnings management. tighter accounting standards regime restricts management’s descretion to manipulate accruals, and at the same time, induce more costly real earnings management activities. to investigate this iss...

a r t i c l e i n f o Keywords: Loan loss provisions Gains Securitization and loan sales SFAS No. 140 Earnings benchmarks This study investigates earnings management through managing specific accruals vs. structuring transactions in the banking industry. This paper explores the circumstances under which banks manipulate loan loss provisions vs. circumstances that lead banks to structure loan sa...

This research aims to examine the impact of tax aggressiveness, earnings fluctuation and executive compensation on management within companies listed Brazilian stock exchange. To this end, an analysis with panel data regression was conducted a total 702 observations using from 117 companies. We found negative relation between management, indicating that lower tend have higher levels while abnor...

This paper explores whether NHS hospitals in England managed their earnings upward before applying to the government for foundation trust (FT) status—a scheme that allowed them greater financial freedom and management autonomy—in order present an overly positive picture increase chances a successful application. The shows FTs adjusted discretionary accruals up two years FT status. practice was ...