盈余管理对贴现率敏感吗?

IF 1.1 Q3 BUSINESS, FINANCE Journal of Accounting Literature Pub Date : 2018-12-01 DOI:10.1016/j.acclit.2018.03.001

Jesper Haga , Kim Ittonen , Per C. Tronnes , Leon Wong

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引用次数: 10

摘要

我们认为，管理者管理盈余的选择取决于与该选择相关的预期未来净收益现值的权衡。具体来说，我们研究了贴现率是否与管理者参与盈余管理以达到或超过各种盈余目标的可能性有关。我们发现贴现率与增加收入的盈余管理呈正相关。这意味着当贴现率较高时，管理人员会同时增加应计制和实际盈余管理。然而，这种关联的经济规模是相对温和的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Is earnings management sensitive to discount rates?

We argue that managers’ choice to manage earnings depends on the trade-off in the present value of expected future net benefits associated with that choice. Specifically, we examine if discount rates are associated with the likelihood that managers engage in earnings management to meet or beat various earnings targets. We find that discount rates are positively associated with income-increasing earnings management. This means that managers increase both accrual-based and real earnings management when discount rates are higher. However, the economic magnitude of this association is relatively moderate.

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来源期刊

Journal of Accounting Literature BUSINESS, FINANCE-

CiteScore

6.50

自引率

0.00%

发文量

期刊介绍： The objective of the Journal is to publish papers that make a fundamental and substantial contribution to the understanding of accounting phenomena. To this end, the Journal intends to publish papers that (1) synthesize an area of research in a concise and rigorous manner to assist academics and others to gain knowledge and appreciation of diverse research areas or (2) present high quality, multi-method, original research on a broad range of topics relevant to accounting, auditing and taxation. Topical coverage is broad and inclusive covering virtually all aspects of accounting. Consistent with the historical mission of the Journal, it is expected that the lead article of each issue will be a synthesis article on an important research topic. Other manuscripts to be included in a given issue will be a mix of synthesis and original research papers. In addition to traditional research topics and methods, we actively solicit manuscripts of the including, but not limited to, the following: • meta-analyses • field studies • critiques of papers published in other journals • emerging developments in accounting theory • commentaries on current issues • innovative experimental research with strong grounding in cognitive, social or anthropological sciences • creative archival analyses using non-standard methodologies or data sources with strong grounding in various social sciences • book reviews • "idea" papers that don''t fit into other established categories.