Publication:
The dynamic of financial crises and its non-monotonic effects on earnings quality

dc.contributor.authorImperatore, Claudia
dc.contributor.authorTrombetta, Marco
dc.contributor.rorhttps://ror.org/02jjdwm75
dc.date.accessioned2024-07-02T16:11:28Z
dc.date.available2024-07-02T16:11:28Z
dc.date.issued2014-05-01
dc.description.abstractDespite the wealth of research examining earnings quality and earnings management, we still have much to learn about the effects of macroeconomic factors on accounting discretion’s decisions; the recent financial crises may be one of such factors. Nevertheless, the extant literature is inconclusive about the direction of the relationship between earnings quality and economic downturn. In this study, we focus on the extent to which organizational survival may be an objective of earnings management. In this manner, we add to research considering earnings target as an objective of earnings manipulation. Furthermore, our results suggest that these objectives likely change as crisis becomes worse. Consequently, we argue that the relationship between financial crises and earnings management is non-monotonic. Earnings management decreases when the intensity of the crisis is low, while it increases when the crisis is acute.
dc.description.peerreviewedyes
dc.description.statusPublished
dc.formatapplication/pdf
dc.identifier.citationTrombetta, M., & Imperatore, C. (2014). The dynamic of financial crises and its non-monotonic effects on earnings quality. Journal of Accounting and Public Policy, 33(3), 205-232. https://doi.org/10.1016/j.jaccpubpol.2014.02.002
dc.identifier.doihttps://doi.org/10.1016/j.jaccpubpol.2014.02.002
dc.identifier.issn1873-2070
dc.identifier.urihttps://hdl.handle.net/20.500.14417/2880
dc.issue.number3
dc.journal.titleJournal of Accounting and Public Policy
dc.language.isoen
dc.licensehttps://creativecommons.org/licenses/by-nd-nc/1.0/legalcode
dc.page.final232
dc.page.initial205
dc.page.total205-232
dc.publisherElsevier
dc.relation.departmentAccounting & Management Control
dc.relation.entityIE University
dc.relation.schoolIE Business School
dc.rightsAttribution Non Commercial No Derivatives 1.0 Generic
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttps://creativecommons.org/licenses/by-nd-nc/1.0/legalcode
dc.titleThe dynamic of financial crises and its non-monotonic effects on earnings quality
dc.typeinfo:eu-repo/semantics/article
dc.version.typeinfo:eu-repo/semantics/acceptedVersion
dc.volume.number33
dspace.entity.typePublication
relation.isAuthorOfPublication93153f41-861d-41e2-99ea-c2c1b96c7012
relation.isAuthorOfPublication93153f41-861d-41e2-99ea-c2c1b96c7012
relation.isAuthorOfPublication.latestForDiscovery93153f41-861d-41e2-99ea-c2c1b96c7012
relation.isAuthorOfPublication.latestForDiscovery93153f41-861d-41e2-99ea-c2c1b96c7012
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