Results 211 to 220 of about 40,006 (243)

Investor Protection, Income Smoothing, and Earnings Informativeness

Journal of International Accounting Research, 2008
This study investigates whether investor protection affects the efficient communication of private information about future prospects through income smoothing. While prior research suggests that the level of earnings management differs between high and low investor protection countries, we examine whether the underlying motive for earnings management ...
Steven F. Cahan, Guoping Liu, Jerry Sun
openaire   +1 more source

The Earnings Smoothing Potential of Systematic Depreciation

Abacus, 1998
Ample evidence exists that managers attempt to use ‘artificial’ choices concerning alternative accounting procedures for classification, valuation and allocation of transactions to smooth reported periodic income or earnings series. However, the actual smoothing effect of such choices and their influence on the properties of earnings numbers is unknown.
John Hillier, Michael McCrae
openaire   +1 more source

Smoothing and Earnings Management Policies

2019
This chapter lays the first bases on the concept smoothing. This latter topic is inserted in a broader context that is those of earnings quality management. Moreover, this chapter explains the real earnings management policies such as income smoothing, big bath earnings management, and income minimization and income maximization policies.
openaire   +1 more source

Smoothing income in anticipation of future earnings

Journal of Accounting and Economics, 1997
Abstract Recent theory argues that concern about job security creates an incentive for managers to smooth earnings in consideration of both current and future relative performance. We find support for this theory. Our evidence suggests that when current earnings are ‘poor’ and expected future earnings are ‘good’, managers ‘borrow’ earnings from the ...
Defond, ML, Park, CW
openaire   +3 more sources

Female Director, CEO Compensation, and Earnings Smoothing

Journal of Accounting and Finance, 2023
This paper is the first one in the literature to examine the effect of female directors on earnings smoothing and the potential channels through which such an effect may occur. When the interaction of female directors and CEO incentive compensation is not included, there is no significant overall effect of female directors on earnings smoothing ...
openaire   +1 more source

Earnings smoothing around open-market share repurchases

Review of Accounting and Finance, 2015
Purpose – The purpose of this paper is to examine whether firms engage in earnings decreasing management before share repurchases to mislead investors or to smooth earnings and improve earnings informativeness. Design/methodology/approach – The authors examine ...
Hui Di, Dalia Marciukaityte
openaire   +1 more source

Earnings Smoothing Activities of Firms to Manage Credit Ratings

SSRN Electronic Journal, 2012
Credit ratings have significant implications for firms, including the cost of future borrowing and immediate impacts on stock and bond valuations. Because of this, managers have incentives to improve or maintain their credit ratings by influencing rating agencies’ perception of credit risk.
Boochun Jung, Naomi Soderstrom, Yanhua Sunny Yang   +2 more
openaire   +1 more source

Measuring investors’ assessment of earnings persistence: do investors see through smoothed earnings?

Review of Quantitative Finance and Accounting, 2013
Prior studies document that investors value persistent earnings more than transitory earnings. This argument offers incentives to managers to smooth their reported earnings and make them look more persistent. This study examines whether investors are misled by management’s income-smoothing behavior and whether they can correctly assess the persistence ...
openaire   +1 more source

Earnings Smoothing and Firm Valuation

SSRN Electronic Journal, 2008
George Allayannis, Paul J. Simko
openaire   +1 more source

Stakeholder engagement: Investors' environmental risk aversion and corporate earnings

Business Strategy and the Environment, 2022
Khine Kyaw, Barbara Petracci
exaly