Corporate Cash Holdings and Earnings Management: An analysis of fixed effect model

Cash holding is closely related to corporate earnings management. The difference of management plays an important role in the development companies. data this paper comes from China Stock Market Accounting Research (CSMAR) and uses Python Stata study relationship between cash earning fundamental regression results obtained through fixed effects model show that high holdings enterprises can increase level management, which still valid after a series robustness tests. Further, we find promote more strongly companies whose auditors are not Big Four accounting firms state-owned enterprises.