How do the ownership structure and board of directors' features impact earnings management? The Spanish case

By Paolo Saona, Laura Muro, María Alvarado. Journal of International Financial Management & Accounting, 2020

186 citations recorded by the source corpus.

This paper examines how the ownership structure and board of directors' features determine the managerial opportunistic behavior exemplified in the management of accounting earnings. This study contributes to the literature by investigating the relationship of firm-level and country-level corporate governance systems on the earnings management in the Spanish corporate sector. Results reveal that the varying efficiency of the corporate governance systems is reflected in the way in which accounting discretion is performed. We found evidence that

Subfields: Accounting

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