The impact of international financial reporting standards adoption and banking reforms on earnings management: evidence from Nigerian banks

被引：0

作者：

Nnadi, Matthias A. ^{[1
]}

Nwobu, Obiamaka A. ^{[2
]}

机构：

[1] Cranfield Univ, Sch Management, Cranfield, Beds, England

[2] Covenant Univ, Dept Accounting, Ota, Nigeria

来源：

AFRICAN JOURNAL OF ACCOUNTING AUDITING AND FINANCE | 2016年 / 5卷 / 03期

关键词：

earning management; reforms; bank; IFRS; adoption; Nigeria;

D O I：

10.1504/AJAAF.2016.10004608

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This study examines stock market reaction and the impact of IFRS adoption on the Nigerian stock market. The paper also evaluates the effect of the Central Bank of Nigeria (CBN) reforms on earnings management of Nigerian banks. The result indicates no evidence of any significant effect on the market but a negative stock reaction in the medium term. Our finding highlights mixed impact of IFRS adoption on earnings management; but a significant decrease in earnings management in the post CBN reforms. Our study shows that adoption of IFRS was wrongly timed in Nigeria as the fragile investors' sentiment which was just recovering from the shock of the global financial crisis could have been weakened by the negative market returns. These results have signal effect on investors.

引用

页码：231 / 253

页数：23

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