2023
Impact of intangibility on managerial behaviour: evidence on earnings manipulation
PROCHÁZKA, RadimZákladní údaje
Originální název
Impact of intangibility on managerial behaviour: evidence on earnings manipulation
Autoři
Vydání
22nd Annual Conference of H.F.A.A. 2023
Další údaje
Jazyk
angličtina
Typ výsledku
Prezentace na konferencích
Obor
50205 Accounting
Stát vydavatele
Řecko
Utajení
není předmětem státního či obchodního tajemství
Organizační jednotka
Ekonomicko-správní fakulta
Klíčová slova anglicky
real earnings manipulation; real activities manipulation; accrual earnings management; value relevance; intangibility; new economy
Příznaky
Mezinárodní význam, Recenzováno
Změněno: 5. 1. 2024 12:54, Ing. Radim Procházka
Anotace
V originále
The study addresses how intangible intensity company structure affects real and accrual earnings manipulation. Several studies have found the relevance of financial data in the valuation varies among intangible and tangible-intensive companies. The value relevance in earnings management could be a double-edged sword since manipulating one specific item may reduce the valuation effect on earnings growth. Thus, the study focuses on the effect of intangible intensity on different types of earnings manipulation as a motivation to increase company valuation. I deploy three types of real earnings (activities) manipulation, and accrual earnings management model based on value relevance from prior literature. I hypothesized and found that the different value relevance driven by intangible intensity affects the managerial behavior in manipulating earnings upwards. However, based on given results, I conclude that opportunistic executive’s behavior in conducting earnings manipulation based on the opportunities available, rather than fearing a valuation penalty.
Návaznosti
| MUNI/A/1139/2022, interní kód MU |
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| MUNI/A/1373/2022, interní kód MU |
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