Complementary association between real activities and accruals-based manipulation in earnings reporting

被引：34

作者：

Chen, Ching-Lung ^{[1
,2
]}

Huang, Su-Hui ^{[3
]}

Fan, Hung-Shu ^{[4
]}

机构：

[1] Natl Yunlin Univ Sci & Technol, Dept Accounting, Touliu 64002, Yunlin, Taiwan

[2] Natl Yunlin Univ Sci & Technol, Grad Inst Sch Accounting, Touliu 64002, Yunlin, Taiwan

[3] Chaoyang Univ Technol, Dept Accounting, Taichung, Taiwan

[4] Fu Jen Catholic Univ, Dept Accounting, Hsinchuang, New Taipei, Taiwan

来源：

JOURNAL OF ECONOMIC POLICY REFORM | 2012年 / 15卷 / 02期

关键词：

complement hypothesis; real activities manipulation; discretionary accruals; MANAGEMENT;

D O I：

10.1080/17487870.2012.667965

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

Extant studies focus on examining the developed capital markets and reveal mixed results for the association between real activities versus accruals-based earnings management. This study establishes a set of simultaneous equations that captures managers' behaviors to boost (or suppress) earnings performance to examine whether real activities and discretionary accruals play mutually complement roles in earnings reporting in Taiwan. The two-stage least squares regressions results reveal that the real activities manipulation comprehensive measure is positively associated with discretionary accruals and supports the complement hypothesis. It suggests that managers jointly and simultaneously use these two tools in strategic earnings reporting decisions.

引用

页码：93 / 108

页数：16

共 33 条

[1]

[Anonymous], 1989, Applied Linear Regression Models

[2]

Antle R., 1997, EC ANAL AUDITO UNPUB

[3] The balance sheet as an earnings management constraint [J].