The purpose of this study is to determine the effect profitability and institutional ownership towards income smoothing practice with firm size as moderating variable in manufacturing companies listed Indonesia Stock Exchange from period 2018 – 2020. This used 72 data that have been selected using purposive sampling method a total 216 for three years. are secondary form financial statements. re...

Purpose The purpose of this paper is to identify the application fundamental principle accounting conservatism within EU food and drink industry. Furthermore, authors would also investigate in-depth above relationship in two different subsamples (income smoothers non-income smoothers). Design/methodology/approach All EU-listed companies industry were identified covering year 2019. Eckel's model...

This study investigates the impact of cost stickiness on income smoothing. Prior literature at intersection between management and financial accounting has understood changes in behaviour as mere consequences short-term earnings incentives. By considering smoothing more complex strategy, we argue that resource adjustment strategies underlying might also have an long-term reporting choices. Spec...

Hubungan antara perataan laba dan keinformatifan ditentukan oleh alasan mengapa perusahaan menggunakannya. Mengambil keuntungan dari adanya motif oportunistik dalam melakukan di Indonesia, penelitian ini menginvestigasi apakah mengurangi tingkat laba. Penelitian memperluas literatur dengan mempertimbangkan kecakapan manajerial dapat memperlemah hubungan yang bersifat terhadap menggunakan sampel...

This paper uses a stochastic dynamic programming model to explore savings and portfolio decisions in an environment in which both yield risk and endogenous asset-price risk exist, and a subsistence constraint creates an inter-temporal link between current consumption and future labor power. Numerical analysis of the model shows that optimal portfolio strategies bifurcate. Initially wealthier ag...

Using stochastic modelling, we demonstrate that the best investment strategy for the accumulation phase of a defined contribution pension plan is one that limits the range of returns that are credited to the plan member's account. In particular, we show that with-profit accumulation programmes which make use of a smoothing fund to smooth out returns over time dominate unit-linked accumulation p...

Using stochastic modelling, we demonstrate that the best investment strategy for the accumulation phase of a defined contribution pension plan is one that limits the range of returns that are credited to the plan member’s account. In particular, we show that with-profit accumulation programmes which make use of a smoothing fund to smooth out returns over time dominate unit-linked accumulation p...

Purpose This paper examines the determinants of bank income smoothing using loan loss provisions in United Kingdom or Great Britain from 1999 to 2017. Design/methodology/approach The study used ordinary least square (OLS) regression and applying HAC robust standard error correction test. Findings findings showed that UK banks use provision for purposes. Income is greater times high economic pol...