| _version_ |
1860799490826436608
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| building |
INTELEK Repository
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| collection |
Online Access
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| collectionurl |
https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
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| date |
2018-01-21 01:19:11
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| eventvenue |
UNISZA
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| format |
Restricted Document
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| id |
6207
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| institution |
UniSZA
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| originalfilename |
1016-01-FH03-FESP-18-12837.pdf
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| person |
nandalal
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| recordtype |
oai_dc
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| resourceurl |
https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6207
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| spelling |
6207 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6207 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Conference Conference Paper application/pdf 2 1.6 Adobe Acrobat Pro DC 20 Paper Capture Plug-in nandalal 2018-01-21 01:19:11 1016-01-FH03-FESP-18-12837.pdf UniSZA Private Access Reviewing earnings quality at the IPOs: the influence of opportunistic behaviour and ownership control mechanisms The paper reviews whether IPO firms engage in earnings management discretionary behaviour, by focusing on the accrual-based earnings management (AEM) models. It also determines on the influence of opportunistic behaviour and ownership control mechanisms towards earnings quality of IPO firms. Indeed, earnings management at the time of the IPO is an important issue because it can lead investors to pay an unreasonable price for their shares. The Jones (Jones, 1991), Modified Jones, Performance Matched (Kothari et al., 2005), and Total Accrual Models (Dechow et al., 1995; Jones, 1991; Kothari et al., 2005) will be used to investigate accrual activity behaviours in IPO firms. The quality of financial reporting in IPO firms is expected to be enhanced by limiting the opportunistic managerial discretion and ownership control mechanisms. The earnings management practices although brings strong debate among scholars and practitioners (including regulators), it is an unethical but still permissible and legal also acceptable for accounting alternatives by the leniency of GAAP framework (Burns & Merchant, 1990; MacIntosh, 1995; Grasso, Tilley and White, 2009). While for the IFRS, there is no evidence has been found that earnings management has become lower by adopting the IFRS and it even rising in France. International Academic Conference on Business and Economics (IACBE 2017) UNISZA
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| spellingShingle |
Reviewing earnings quality at the IPOs: the influence of opportunistic behaviour and ownership control mechanisms
|
| summary |
The paper reviews whether IPO firms engage in earnings management discretionary behaviour, by focusing on the accrual-based earnings management (AEM) models. It also determines on the influence of opportunistic behaviour and ownership control mechanisms towards earnings quality of IPO firms. Indeed, earnings management at the time of the IPO is an important issue because it can lead investors to pay an unreasonable price for their shares. The Jones (Jones, 1991), Modified Jones, Performance Matched (Kothari et al., 2005), and Total Accrual Models (Dechow et al., 1995; Jones, 1991; Kothari et al., 2005) will be used to investigate accrual activity behaviours in IPO firms. The quality of financial reporting in IPO firms is expected to be enhanced by limiting the opportunistic managerial discretion and ownership control mechanisms. The earnings management practices although brings strong debate among scholars and practitioners (including regulators), it is an unethical but still permissible and legal also acceptable for accounting alternatives by the leniency of GAAP framework (Burns & Merchant, 1990; MacIntosh, 1995; Grasso, Tilley and White, 2009). While for the IFRS, there is no evidence has been found that earnings management has become lower by adopting the IFRS and it even rising in France.
|
| title |
Reviewing earnings quality at the IPOs: the influence of opportunistic behaviour and ownership control mechanisms
|
| title_full |
Reviewing earnings quality at the IPOs: the influence of opportunistic behaviour and ownership control mechanisms
|
| title_fullStr |
Reviewing earnings quality at the IPOs: the influence of opportunistic behaviour and ownership control mechanisms
|
| title_full_unstemmed |
Reviewing earnings quality at the IPOs: the influence of opportunistic behaviour and ownership control mechanisms
|
| title_short |
Reviewing earnings quality at the IPOs: the influence of opportunistic behaviour and ownership control mechanisms
|
| title_sort |
reviewing earnings quality at the ipos: the influence of opportunistic behaviour and ownership control mechanisms
|