Paper Titles in Periodical
International Letters of Social and Humanistic Sciences
ILSHS Volume 63
Subscribe

Subscribe to our Newsletter and get informed about new publication regulary and special discounts for subscribers!

ILSHS > ILSHS Volume 63 > The Effect of Earnings Management on Liquidity...
The Effect of Earnings Management on Liquidity Criteria and Lack of Liquidity Stock
< Back to Volume

The Effect of Earnings Management on Liquidity Criteria and Lack of Liquidity Stock

Full Text PDF

Abstract:

Liquidity criteria that investors in making portfolio investments are involved. Among the factors that could affect liquidity, earnings management. Earnings management can accrual-based earnings management aspects and management of real benefit to be evaluated; Therefore, the aim of this study is to estimate the accrual-based earnings management and gain real management and its effects on liquidity of companies listed on the Stock Exchange in Tehran. The sample consisted of 78 companies for the period 2008 to 2012. We used multivariate regression model based on panel data is performed. Our results show that research hypotheses are tested between accrual-based earnings management positive and significant relationship with the lack of liquidity, and the liquidity and significant negative relationship. As well as the actual management of non-profit with a positive and significant relationship between stock liquidity, and the liquidity is insignificant and there is a negative relationship.

Info:

Periodical:
International Letters of Social and Humanistic Sciences (Volume 63)
Pages:
71-81
DOI:
https://doi.org/10.18052/www.scipress.com/ILSHS.63.71
Citation:
M. H. Vadiei Nowghabi et al., "The Effect of Earnings Management on Liquidity Criteria and Lack of Liquidity Stock", International Letters of Social and Humanistic Sciences, Vol. 63, pp. 71-81, 2015
Online since:
November 2015
Authors:
Mohammad Hossein Vadiei Nowghabi, Ali Shirazd, Shaban Mohammadi, Alireza Khorshidi
Keywords:
Accrual-Based Earnings Management, Actual Management Profit, Stock Liquidity
Export:
RIS, BibTeX, Text
Distribution:
Open Access

Creative Commons License
This work is licensed under a
Creative Commons Attribution 4.0 International License

References:

Chung, K. Elder, J, Kim, J., (2008), Corporate Governance and Liquidity, journal of Financial and Quantitative Analysis.

Dechow, P. M., Sloan, R. G., and Sweeney, A. P. (1995). Detecting earnings management Accounting Review, 70: 193-225.

Cohen D. A., Zarowin P. (2008). Accrual- Based and Real Earnings Management activities around Seasoned Equity Offerings,. working paper, Available at http: /ssrn. com/abstract=1081939.

García, J. M, and G. Beatriz andF. Penalva. (2012). Accounting conservatism and the limits to earnings management http: /ssrn. com/abstract=2165694.

Goss, Barry A. (2008). Debt, Risk and Liquidity in Futures Markets, Routledge, New York0.

Dye R. Earnings management in an overlapping generations model. Journal of Accounting Research 1988; 26: 195-235.

Healy, P. M., and Wahlen, J. M. (1999). A review of the earnings management literat and its implications for standard setting. Accounting Horizons, 13: 365-3830.

Jones, J. J. (1991). Earnings management during import relief investigations. Journal of Accounting Research 29 (2): 193-228.

Kothari, S.P., A.J. Leone, and C.E. Wasley. (2005). Performance matched discretional accruals measures. Journal of Accounting and Economics 39: 163-197.

Roychowdhury,S. (2006). Management of earnings through the manipulation of rea activities thataffect cash flow from operations. Journal of Accounting and Economics 42 (3): 335-370.

Schipper, K. (1989). Commentary on earnings management. Accounting Horizons, 3: 91- 12.

Zang, A. Y. (2012). Evidence on the trade-off between real activities manipulation and accrual based earnings management. The Accounting Review87 (2): 675-703.

Show More Hide
Cited By:
This article has no citations.