Earnings Management and Investor Protection: An International Comparison

By R. Kalra. 2004

3,225 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/c4702484e32a640d23802409cfe57b29afe0ecbb

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Citations in the corpus

Corporate Governance Quality and Earnings Management: Evidence from Jordan (2016, methodology): “From this viewpoint, management may use different methods such as hiding the changes in economic performance by creating reserves for future periods, hence reducing income volatility (Leuz et al., 2003; Hijazi & Al-Thuneibat, 2015).”
Bank Loan Loss Provisions Research: A Review (2017, background): “Leuz et al. (2003) find that industrial firms with dispersed ownership structure engage in less earnings management. Gebhardt and Novotny-Farkas (2011) investigate the implication of mandatory IFRS adoption for accounting quality among EU banks and find that income smoothing is pronounced among list”
Institutional ownership, product market competition, and earnings management: Some evidence from international data (2018, methodology): “A_EM Following Leuz et al. (2003), we construct an overall summary measure of accruals-based earnings management for each firm.”
An institution-based view of executive compensation: A multilevel meta-analytic test (2012, background): “…informational and decision-making advantages over outsiders such as independent board members and minority shareholders (Bebchuk & Fried, 2003; Leuz et al., 2003), are often able to appropriate corporate wealth (Zingales, 1994) through self-benefiting actions such as tunneling, empire…”
The Effects of IFRS 7 Adoption on Bank Disclosure in Europe (2009, background): “Ball et al. (2000) and Leuz et al. (2003) suggested that cross-country differences in the regulatory environment, that is, in the quality of institutions, explain differences in accounting quality.”
IFRS Adoption and Accounting Quality: A Review (2007, background): “20For example, Ali and Hwang (2000), Ball et al. (2000) and Leuz et al. (2003).”
Corporate governance and earnings management in the Chinese listed companies: A tunneling perspective ☆ (2007, background): “Our analysis thus complements Leuz et al. (2003), in which evidence from China is void.”
Do accounting standards matter? An exploratory analysis of earnings management before and after IFRS adoption (2008, methodology): “Following Leuz et al. (2003), we scale accounting variables by lagged total asset 6 and classify a firm-year observation as a small profit if income before extraordinary items7 (scaled by lagged total assets) is in the range [0,0.01].”
Drivers behind the monitoring effectiveness of global institutional investors: Evidence from earnings management (2016, positive): “EM3 The magnitude of accruals, following (Leuz et al. 2003) EM3 = | ACC it / TA it-1 | / | CF it / TA it-1 | where TA : Total assets CF : Operating income minus accruals Compustat Global”
Real and Accrual‐Based Earnings Management in the Pre‐ and Post‐IFRS Periods: Evidence from China (2015, neutral): “On one hand, many studies (Leuz et al., 2003; Bartov et al., 2005; Barth et al., 2008; Chen et al., 2010) document that the quality of IFRS is higher than that of domestic accounting standards.”
Corporate Social Responsibility as a Strategic Shield Against Costs of Earnings Management Practices (2014, background): “Accounting practices are less aggressive in countries with more investor protection (Haw et al. 2004, Chih et al. 2008; Scholtens and Kang 2012), because institutional environments restrict managers’ ability to obtain private benefits (Leuz et al. 2003).”
CFOs and CEOs: Who Have the Most Influence on Earnings Management? (2010, neutral): “for earnings management (Leuz et al. 2003).”
Earnings Management within Multinational Corporations (2018, methodology): “14 Following prior research (Dechow et al., 1995; Leuz et al., 2003), we compute total current accruals as , where is total current accruals in year t for subsidiary j, is change in total current assets in year t for subsidiary j, is change in cash and cash equivalents in year t for subsidiary j, is”
Admitting Mistakes: Home Country Effect on the Reliability of Restatement Reporting (2015, methodology): “We follow much cross-country research (such as Leuz et al., 2003) that considers such fundamental characteristics as being stable over time.”
Investigating the Relationship between Corporate Social Responsibility and Earnings Management: Evidence from Spain (2016, background): “…ccounting literature provides evidence that the magnitude f earnings management is on average higher in code-law ountries with low investor protection rights, compared to ommon-law countries with high investor protection rights Ali and Hwang, 2000; Ball et al., 2000; Leuz et al., 2003).”
Convergence of Accounting Standards and Foreign Direct Investment (2014, neutral): “Several recent studies find that accounting quality is determined primarily by market forces and institutional factors, rather than accounting standards (Ball & Shivakumar, 2005; Ball et al., 2000, 2003; Leuz et al., 2003).”