Consequences for Future Return with Earnings Management through Real Operating Activities
نویسندگان
چکیده
منابع مشابه
Earnings management through real activities manipulation
I find evidence consistent with managers manipulating real activities to avoid reporting annual losses. Specifically, I find evidence suggesting price discounts to temporarily increase sales, overproduction to report lower cost of goods sold, and reduction of discretionary expenditures to improve reported margins. Cross-sectional analysis reveals that these activities are less prevalent in the ...
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Most of the current research on earnings management focuses on the detection of abnormal accruals. The purpose of this study is to detect manipulation of real activities to meet earnings targets. I analyze cash flow from operations (CFO), production costs and discretionary expenses. Using a simple model to determine the normal levels of these variables, I detect abnormally low CFO and abnormall...
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ژورنال
عنوان ژورنال: Revista Contabilidade & Finanças
سال: 2016
ISSN: 1519-7077
DOI: 10.1590/1808-057x201602520