Financial Crisis And Earnings Management: The European Evidence
| Autor: | Andrei Filip, Bernard Raffournier |
|---|---|
| Rok vydání: | 2014 |
| Předmět: |
Earnings response coefficient
Accrual Earnings per share business.industry media_common.quotation_subject Financial ratio Accounting Affect (psychology) Earnings management ddc:650 Financial crisis Economics Demographic economics Quality (business) business health care economics and organizations media_common |
| Zdroj: | The International Journal of Accounting, Vol. 49, No 4 (2014) pp. 455-478 |
| ISSN: | 0020-7063 |
| DOI: | 10.1016/j.intacc.2014.10.004 |
| Popis: | We examine the impact of the 2008–2009 financial crisis on the earnings management behavior of European-listed firms. We find that earnings management has significantly decreased in the crisis years. This trend is confirmed in most of the 16 countries under review. We also report a link between the level of earnings management and the economic growth rate and provide evidence suggesting that national characteristics and market forces affect the propensity of income smoothing but not accruals quality. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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