The Effects of Taxes, Agency Costs and Information Asymmetry on Earnings Management: A Comparison of Public and Private Firms

被引：0
|
作者：
Anne Beatty
David G. Harris
机构：
[1] Pennsylvania State University,
[2] Syracuse University,undefined
来源：
Review of Accounting Studies | 1999年 / 4卷 / 3-4期
关键词：
Public Finance; Information Asymmetry; Earning Management; Private Firm; Agency Cost;
D O I：
10.1023/A:1009642403312
中图分类号：
学科分类号：
摘要：
The realization of securities gains and losses to manage earnings in publicly-traded bank holding companies has been documented in a large number of studies, but very little is known about why managers engage in this behavior. Two possible explanations for earnings management put forth by Warfield, Wild, and Wild (1995) are that managers engage in this behavior either to circumvent accounting-based contracts designed to mitigate agency problems, or to reduce information asymmetry.
引用
收藏
页码：299 / 326
页数：27
相关论文
共 50 条
  • [21] HOW TAXES CAN AFFECT EARNINGS QUALITY? EMPIRICAL EVIDENCE FROM SPANISH PRIVATE FIRMS
    Monterrey Mayoral, Juan
    Sanchez Segura, Amparo
    REVISTA DE CONTABILIDAD-SPANISH ACCOUNTING REVIEW, 2009, 12 (01) : 117 - 138
  • [22] Listed public-private enterprises: stock market information, agency costs and productive efficiency outcomes
    Vining, Aidan
    Moore, Mark
    Laurin, Claude
    INTERNATIONAL JOURNAL OF PUBLIC SECTOR MANAGEMENT, 2022, 35 (04) : 388 - 409
  • [23] Earnings management, incentive contracts and private information acquisition
    Chan, Derek K.
    Gao, Jennifer Jie
    JOURNAL OF ACCOUNTING AND PUBLIC POLICY, 2014, 33 (06) : 529 - 550
  • [24] Impact of earnings management on agency costs: evidence from MILA markets
    Munoz Mendoza, Jorge Andres
    Veloso Ramos, Carmen Lissette
    Sepulveda Yelpo, Sandra Maria
    Delgado Fuentealba, Carlos Leandro
    Fuentes-Solis, Rodrigo Alberto
    BALTIC JOURNAL OF MANAGEMENT, 2021, 16 (02) : 247 - 275
  • [25] Ownership succession intentions affecting earnings management in private family firms
    Umans, Ine
    Corten, Maarten
    SMALL BUSINESS ECONOMICS, 2023, 61 (02) : 827 - 842
  • [26] Ownership succession intentions affecting earnings management in private family firms
    Ine Umans
    Maarten Corten
    Small Business Economics, 2023, 61 : 827 - 842
  • [27] Auditor gender and corporate earnings management behavior in private Finnish firms
    Niskanen, Jyrki
    Karjalainen, Jukka
    Niskanen, Mervi
    Karjalainen, Jussi
    MANAGERIAL AUDITING JOURNAL, 2011, 26 (09) : 778 - +
  • [28] PUBLIC AND PRIVATE IMMUNIZATION SERVICES - A COMPARISON OF COSTS
    BAZELEY, P
    COMMUNITY HEALTH STUDIES, 1989, 13 (03): : 336 - 340
  • [29] Earnings Management in Public Family Firms under Economic Adversity
    Vieira, Elisabete F. Simoes
    AUSTRALIAN ACCOUNTING REVIEW, 2016, 26 (02) : 190 - 207
  • [30] Does Asymmetry or Incomplete Information on Firms' Costs Yield Spatial Agglomeration?
    Lin, Sung-chi
    Chen, Hsiao-chi
    Liu, Shi-miin
    ECONOMICS BULLETIN, 2016, 36 (04): : 2010 - +
12345